AtmanCo Completes the Sale of the Assets of the Cyberhealth Divison
02 June 2014 - 9:45PM
Marketwired
AtmanCo Completes the Sale of the Assets of the Cyberhealth Divison
MONTREAL, QUEBEC--(Marketwired - Jun 2, 2014) - AtmanCo Inc. («
AtmanCo » or the « Company ») (TSX-VENTURE:ATW), leader and
innovator in psychometric tests' web solutions for recruitment and
organizational development announces that on May 30th, they have
closed the sale of the assets from the cyberhealth division,
specialized in solutions of posture and fitness, as announced
February 20th 2014. The sale was made in the amount of $610 000 in
cash.
"Since the cyberhealth domain doesn't reflect our company's core
business, we are selling the assets in order to properly execute
our strategic growth plan. The amounts received for this
transaction will be invested in the development and
commercialization of AtmanCo" said Michel Guay, President and CEO
at AtmanCo.
The parties involved in the transaction, which are at arm's
length, are AtmanCo Inc. and 9295-5905 Quebec Inc., a company owned
by Sylvain Guimond, The cyberhealth division became a part of
AtmanCo following the reverse takeover completed in 2012.
ATMANCO'S PROFILE
Field of human resources
Using a management interface (Web platform) that is among the
most advanced, AtmanCo helps executives and managers recruit
qualified human resources by placing the right person in the right
position.
By quickly obtaining results of psychometric tests, comparing
profiles to job norms and generating complementarity reports,
managers are equipped throughout their human resources
processes.
The Company stands out in its marketing approach via its
Website, direct sales and partner network. For further information,
visit www.atmanco.com
The TSX Venture Exchange and its Regulatory Services provider
(as per meaning assigned to this term in TSX Venture Exchange's
policies) bear no liability as to the relevance or accuracy of this
press release.
AtmanCo inc.Michel GuayPresident and CEO514.935.5959 ext
301AtmanCo inc.Edith BourgeoisCFO514.935.5959 ext
304www.atmanco.com
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