TORONTO, ON, June 21, 2017 (GLOBE NEWSWIRE) -- Medgate Inc., the global leader in enterprise-grade, SaaS-based Environmental, Health, Safety and Quality (EHSQ) information management solutions, has announced that it will change its name to Cority. This comes as part of a rebranding effort to build on its market momentum and reflect the company’s evolving business strategy and solution. The phased transition commences today.
“Cority stands for embracing the strong core values and the rich history our company was built upon and for upholding an unwavering commitment to our clients around the world,” said Mark Wallace, CEO of Medgate. “Our new name exemplifies and combines our core values of integrity, quality, customer centricity, community, and diversity into a modern and concise name. We are thrilled to introduce Cority to the world.”
Medgate has been the market leader in occupational health and industrial hygiene software for more than 30 years. As demand for integrated EHS solutions has increased, Medgate has expanded its award-winning safety and environmental software capabilities. Earlier this year, Medgate accelerated its environmental roadmap with the acquisition of regAction and entered the quality information management software space by acquiring IQS. In May, the company announced its new solution for mid-market organizations with the launch of EHS Professional Edition.
The company has grown beyond its traditional North American markets with rapid expansion in Europe, Australia, Latin America and the Middle East. Today, more than a third of Medgate’s clients are outside North America. As Medgate expanded to be the leading global EHSQ SaaS provider, so did the power of its capabilities through cutting edge innovation in mobility and predictive analytics.
These advancements are underpinned by a strategic investment in Medgate made by Palo Alto based Norwest Venture Partners, Georgian Partners and BMO Financial Group in March 2016. Medgate was targeted for its top-tier customer base, customer-centric culture, innovative enterprise-grade technology, and track record of profitable growth.
With so many advancements, the company determined the time was right to evolve its brand to reflect its market leading position in global SaaS EHSQ software solutions. Cority reflects the growth and direction of a company on the move but with strong roots in its past.
“The significant increase in the depth and breadth of the application over the last year as well as the impressive plans for future product innovation merited the launch of the Cority brand which builds on the heritage of the Medgate business,” said David Metcalfe, CEO of independent research and consulting firm Verdantix.
Today, organizations in every industry face rising stakeholder expectations, intensifying competition and constantly changing compliance requirements. Beyond compliance, effective EHSQ programs can advance an organization’s journey to sustainability and operational excellence.
About
Cority (formerly Medgate) enables organizations to utilize environmental, health, safety, and quality (EHSQ) software to advance their journey to sustainability and operational excellence. Cority combines the deepest domain expertise with the most comprehensive and secure SaaS platform. With 30+ years of innovation and experience, Cority’s team of 250 experts serve more than 800 clients in 70 countries, supporting millions of end users. The company enjoys the industry’s highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/17ae9cb3-9dfc-4733-86ef-f252603af9e1
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ef36988b-cd0d-4098-bec7-fef55632dc9e