Business New Brunswick

Software developer receives help to hire 75 new employees (10/05/06)

NB 673

May 6, 2010

SAINT JOHN (CNB) - The provincial government is investing $1.2 million in payroll rebates to help Computer Generated Solutions Canada Ltd. add 75 employees at its Saint John office. The company already employs 83 in New Brunswick.

The announcement was made today by Business New Brunswick Minister Victor Boudreau and Phil Friedman, president and chief executive officer, Computer Generated Solutions Inc. (CGS), the parent company of Computer Generated Solutions Canada Ltd.

"This investment is a critical step in building our information-technology cluster in New Brunswick," said Boudreau. "Computer Generated Solutions Canada Ltd. is part of an international company that understands the benefits of doing business in our province. We are happy to support the company as it grows its workforce in Saint John and as it continues to roll out innovative new products developed in New Brunswick."

The expansion will enable CGS to develop the next generation of its virtual events solution, VirtualEvents365.

VirtualEvents365 is a software application that enables companies to design, create and deliver trade shows, learning events and product announcements over the Internet. Thousands of people can attend these events without incurring the travel and time expenses of traditional face-to-face events.

Friedman said New Brunswick's skilled and dedicated workforce helped convince the company to expand in the province.

"As a global information technology services firm, we are constantly on the lookout for top talent to deliver innovative solutions to our customers," said Friedman. "We made a significant investment in New Brunswick, and we have found the talent levels to be an extraordinary asset to CGS. The overwhelming support of the community has motivated us to deepen that investment and expand our role in this province."

Computer Generated Solutions Canada Ltd. is a wholly-owned subsidiary of CGS, a global leader in information technology solutions based in New York City.

For more than 25 years, CGS has helped customers around the world manage their business by applying technology and professional services to streamline operations, reduce costs and increase productivity.

"We have the utmost confidence in CGS, and we are committed to supporting businesses that can strengthen and diversify our economy," said Boudreau. "Our government believes that strategic investments such as this will help New Brunswick achieve its goal of self-sufficiency by 2026 and provide proof for our young graduates that New Brunswick offers satisfying, intellectually-challenging careers right here at home."

10/05/06

MEDIA CONTACTS: Ashley Bursey, communications, Business New Brunswick, 506-461-0942, ashley.bursey@gnb.ca; Rob Derby, Computer Generated Solutions Inc., 212-408-3800, rderby@cgsinc.com.

10/05/06