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ITR Completes Calgary Time Recorder Acquisition

Dec 01, 2008


TORONTO - ITR, premier provider of workforce management systems, today announced the completion of its acquisition of Calgary Time Recorder, a provider of time and labor management products including time recorders and hand readers.

Effective immediately, Calgary Time Recorder customers can now purchase the quality time and labor management products and access the superior services they've previously enjoyed with Calgary Time. ITR will take over all existing maintenance contracts and will provide superior service and support through its regional offices and dedicated Customer Care Center.

The acquisition substantially expands ITR's Canadian presence in the workforce management industry and combines the company's key strengths - quality and cost-effective solutions, established partnerships, bilingual software and support and local in-house software development - with Calgary Time Recorder's core assets.

"This strategic combination further strengthens ITR's leadership position as a workforce management solutions provider and will enable us to deliver even greater value to our customers and partners," said ITR Chief Executive Officer Tracy Parzych. "The addition of Calgary Time Recorder products to our existing workforce management portfolio puts

ITR in a unique position to meet the evolving needs of our customers demanding high quality and accessible solutions to manage their workforce. We welcome Calgary Time Recorder's employees, customers and partners to ITR and we look forward to working with them to grow in the marketplace."

ITR is proud of its more than 40 year history in helping companies across Canada manage their most important asset - their employees - and looks forward to earning the loyalty and support of its new customers.

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