Thinkpath Awarded Engineering and Design Services Contract; New Business With Existing Client Worth Approximately $2 Million US
TORONTO--July 3, 2002--Thinkpath Inc., , a market leader in IT and Engineering Knowledge Management solutions, announced today the signing of a core design contract worth approximately $2 million US.The contract is with an existing client in the medical equipment manufacturing industry. The agreement entails CAD (computer-aided design) services and includes complete technical publication, illustration and process documentation.
"Engineering and Design solutions is the fastest and largest growing sector of Thinkpath's business," says Declan French, Chairman and CEO of Thinkpath Inc. "We believe the opportunities for these services are extensive as demand grows within a number of industries including aerospace, automotive, manufacturing and health care."
About Thinkpath Inc.
Thinkpath is a global provider of technological solutions and services in engineering knowledge management including design, drafting, technical publishing, e-learning, technical training and staffing. Thinkpath enables corporations to reinvent themselves structurally; drive strategies of innovation, speed to market, globalization and focus in new and bold ways. We are experts in the aerospace, automotive, manufacturing and health care industries.
Headquartered in Toronto, Canada, Thinkpath has 390 employees in 11 offices across North America. Further information about the company, its services and products can be found at www.thinkpath.com.
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Forward-looking Statement
This press release contains certain forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.