Home | Business News | Browse by Publication | P | PR Newswire

Avatech Solutions Announces Plans to Acquire Software Solutions Provider Comtrex Corporation; Deal Would Expand Avatech's Presence in High-Growth Southeast Markets.

Publication: PR Newswire
Publication Date: 14-MAR-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
OWINGS MILLS, Md., March 14 /PRNewswire-FirstCall/ -- Avatech Solutions, Inc. (BULLETIN BOARD: AVSO.OB) today announced that it has signed a letter of intent to acquire Charlotte, N.C.-based Comtrex Corporation. Terms of the planned acquisition were not disclosed.

Owings Mills, Md.-based Avatech (http://www.avatechsolutions.com/ ) is the recognized leader in design and engineering systems integration for the manufacturing, building design and engineering markets. Comtrex Corporation was founded in 1983 and provides Computer-Aided Design (CAD) software solutions and related services throughout North and South Carolina. Comtrex has offices in Charlotte, N.C., Greensboro, N.C., and Raleigh-Durham, N.C., as well as a substantial client list that includes Fortune 500 companies.

The Comtrex acquisition would provide Avatech with its first-ever...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from PR Newswire
Nina White to Receive 2005 CEW Beauty Achiever Award., March 14, 2005
The Conference Board(R) The U.K. Business Cycle Indicators(SM); U.K. L..., March 14, 2005
Hollinger International Makes Statement on Favorable Ruling in U.S. Di..., March 14, 2005
Be a HOT TAMALES(R) HOTTIE and Win $1,000!, March 14, 2005
Research and Markets: Examine the Latest Techniques for Credit Risk As..., March 14, 2005

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.