Skip to Main Content

Ottawa, Ontario Mar 01, 2012 - Calian Technologies Ltd. (TSX:CTY) is pleased to announce today that it has acquired Primacy Management Inc. of Burlington, Ontario. Since 2003, Primacy has been working with Loblaw Companies Limited on an exclusive basis to design, build and manage all in-store health clinics in support of Loblaws' health and wellness initiatives. Primacy currently operates 112 such clinics in Loblaws stores across Canada.

"With revenues of approximately $3 million, we expect this acquisition to be EBITDA accretive from day one," stated Jacqueline Gauthier, Chief Financial Officer. “Primacy results will be consolidated and reported as part of the Company’s Business and Technology Services (BTS) division”.

"We are excited about the opportunity to work with a world class organization such as Loblaws. This is a critical next step in Calian's health strategy which encompasses a civilian healthcare footprint to augment our military offerings, strengthening our National medical practitioner network and expanding our health service offerings to our clients,” stated Kevin Ford, President of Calian’s BTS division.

"Calian’s long standing reputation for quality delivery coupled with the financial resources to take on new initiatives, will certainly further our medical clinic program”, stated John Boag, President of Primacy. “We see tremendous synergies between the companies to develop and deliver innovative health programs at Primacy clinics that will benefit our patients and Loblaws customers".

"Primacy opened its first clinic for Loblaws almost 10 years ago and has been an excellent partner ever since. Primacy has been key in establishing and building our medical clinic business" stated Bobbi Reinholdt, senior vice-president pharmacy, Loblaw Companies Limited.. "We are excited to have Calian as part of that team as we evolve our healthy lifestyle offerings to our customers into the future".

About Primacy

Primacy is one of the largest Medical Clinic management companies in Canada. Primacy has established over 112 clinic locations at Loblaw Store locations across Canada. Over 450 physicians now utilize these sites as their main practice locations to provide primary health care services to over 3.5 Million patients per annum.

About Calian

Calian sells technology services to industry and government in Canada and around the world. Calian provides customers with ready access to an exceptional team of engineers, telecommunications and technology professionals, health care professionals and other highly qualified staff. The Business and Technology Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering, health care professionals and other skilled professionals. The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite manufacturers and operators, as well as providing contract manufacturing services for customers in North America.

For further information, please contact us at [email protected] or phone us at 613-599-8600 Ray Basler President and Chief Executive Officer 306-931-3425 Jacqueline Gauthier Chief Financial Officer 613-599-8600


Certain information included in press releases on this site is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as "intend", "anticipate", "believe", "estimate", "expect" or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on firm fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company's most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.

Information posted on this website was accurate at the time of posting, but may be superceded by subsequent information.