TORONTO, Jan. 25, 2005 (PRIMEZONE) -- ActiveCore Technologies Inc. (OTCBB:TALL) announced today that DisclosurePlus has entered into a strategic partnership with CNQ, Canada's newest stock exchange, whereby DisclosurePlus Inc. has been selected as a premiere provider of corporate disclosure tools to all CNQ listed companies.
As a result of this strategic partnership, CNQ companies will now have access to a cost effective, web based solution that combines the latest technology with the most stringent levels of corporate disclosure to provide a fully compliant content management architecture for their corporate websites.
This strategic partnership will serve as the first step to establishing DisclosurePlus as the new standard for corporate transparency and accountability in Canada. Further, this new alliance remains consistent with the DisclosurePlus business model of aligning themselves with the various stock exchanges that have the ability to rapidly deploy the DisclosurePlus product to a qualified and targeted audience.
Robert Cook, President and CEO of CNQ stated that "We have had the opportunity to thoroughly review the DisclosurePlus product and are satisfied that it not only meets, but exceeds, our expectations as what a truly transparent and compliant corporate website solution ought to be. In addition, we found the layout of the DisclosurePlus solution to be very investor friendly which will grant investors immediate, one touch access, to any disclosure documentation which may be pertinent to their particular public company of interest." Mr. Cook went on to say, "We appreciate the DisclosurePlus service because it echoes our belief that better disclosure makes for better informed investors and better investor relations."
DisclosurePlus is quickly establishing itself as the standard bearer for electronic disclosure by public companies. Clients include, RioCan, www.riocan.com , the Energy Savings Income Fund www.esif.ca , Cineplex Galaxy at www.cineplexgalaxy.com and Magellan Aerospace at www.magellanaerospace.com amongst others.
Dean Peloso, former head of SEDAR and President of DisclosurePlus added, "We are very excited at the opportunity to bring our world leading disclosure solution to the companies listed on the CNQ. I believe that this relationship will be a long term mutually beneficial one that will help advance the level of accountability and transparency of public companies".
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com and view the "ActiveCore" Investor Relations Hub. Alternatively, investors can e-mail AGORA Investor Relations directly at TALL@Agoracom.com.
About CNQ (www.CNQ.ca)
CNQ commenced operations in July 2003 and became Canada's newest stock exchange, recognized by the Ontario Securities Commission, in May 2004. It has an innovative market designed to address the needs of emerging companies and their investors by providing a simple and effective trading system. CNQ's market fosters liquidity through a unique blend of a central auction market and a competitive market making system. There are 40 companies listed and 17 major investment dealers from across Canada with direct access to the market and 19 other dealers that participate indirectly. CNQ has established a Service Directory on www.cnq.ca that provides introductions to key providers of services to brokers, issuers and investors.
About DisclosurePlus, Inc. (www.DisclosurePlus.com )
DisclosurePlus, Inc. is a subsidiary of ActiveCore Technologies Inc., specializing in the development of software and intellectual property which addresses the need of public companies to implement best practice disclosure as required by the various regulatory agencies.
About ActiveCore Technologies, Inc. (www.ActiveCore.com )
ActiveCore Technologies, Inc., formerly IVP Technology Corporation, operates a group of subsidiaries and divisions in the U.S., U.K. and Canada that offer a Smart Enterprise Suite of products and services. We integrate, enable, and extend functions performed by current and legacy IT systems and facilitate mass corporate messaging through our ActiveCast product set. Our products encompass web portals, enterprise middleware, mobile data access, data management and system migration applications. ActiveCore operates under the trade names of MDI Solutions, C Comm Networks Inc. and Twincentric Limited. ActiveCore services clients in healthcare, financial services, government and manufacturing worldwide.