MONTREAL, July 14, 2004 (PRIMEZONE) -- As part of its expansion plan for the Canadian healthcare market, Central Network Communications (CNC) Inc. (Pink Sheets:CNCW) announced today that it has signed an agency sales agreement with SoftDimension (Ontario) Inc. for the promotion of its "Pyramid" case-costing software solution in Ontario. Viropro, Inc. (OTCBB:VPRO) has been discussing the prospective acquisition of the operations of CNC for several months.
Pyramid is a powerful cost-management and decision-support software tool that enables healthcare administrators to track and fully evaluate the detailed direct and indirect costs of clinical and medical activities. Already deployed broadly in the U.S., the solution today produces accurate, timely and cost-effective results, year in and year out, for hundreds of healthcare organizations. Over the past year, CNC installed Pyramid in two Quebec hospitals and the power and innovation of the tool is catching the interest of healthcare institutions across the country.
SoftDimension specializes in supplying best-of-breed management and software solutions to clients across several sectors in Ontario, including Healthcare. "This is an important agreement for us," remarked SoftDimension's President, Marc Letellier. "We've been tracking the progress of Pyramid for some time and see it as an amazing decision support system that fits very well with current and future directions we see in Ontario Healthcare."
About Viropro, Inc.
Viropro, Inc. is seeking to establish a growth portfolio in Technology and Life Sciences markets through revenue-producing acquisitions with the potential for continued shareholder value. Previously, the Company announced its intention to acquire the operations of Central Network Communications (CNC) Inc., a developer of innovative management solutions for the Healthcare sector.
About Central Network Communications (CNC) Inc.
Central Network Communications Inc. develops and markets proven, innovative management solutions for the Healthcare sector. Headquartered in Montreal, Central Network Communications is a public company listed on the OTC Other market under the ticker symbol CNCW. For more information, visit www.cncinc.ca .
About SoftDimension (Ontario) Inc.
SoftDimension (Ontario) Inc. (www.softdimension.ca) works with a range of clients to improve business system efficiency resulting in better working conditions and greater return on investment. Through its alliances and partners, the company provides an array of products and services designed to work seamlessly across several disciplines, such as Financial (accounting), Logistics (sales, purchasing, warehouse and inventory management, manufacturing), Human Resources, CRM system integration, E-learning and specialized in SMB process management systems such as SAP Business One.
Viropro, Inc's Safe Harbor Statement
Except for any historic information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, beliefs, plans, projections, objectives, goals, assumptions of future events or performances are not statements of historical fact and may be "forward looking statements". Forward looking statements in this release may be identified through the use of such words as "expects", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to market its products and services in a competitive environment as well as other factors.