Multimedia firm seeks new investor

Article Abstract:

Mdea Group Ltd., a Toronto, Canada-based multimedia and software company, is engaged in the business of preparing catalogs of visual images, which includes graphic art, photography and video, for clients. The service concept was to build a collection of old images distributed across a company and cut costs by eliminating duplication. Mdea used to store the images on a CD-ROM but has abandoned the process in favor of storing the images on a server accessible via the Internet. The company's research and development effort include designing software that allow users to share high-quality graphics and collaborate on mockups of graphical material without requiring specialized software.

Comment:

Is engaged in business of preparing catalogs of visual images, which includes graphic art and video, for clients, co profile

Graphics software, Mdea Group Ltd.

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BDC plans bigger role if banks merge

Article Abstract:

Business Development Bank of Canada Chief Executive Officer Francois Beaudoin sees an expanded role for the federal bank once the government approves mergers of big banks. Montreal, Quebec-based BDC will double its loans and investments over five years to C$9 billion from nearly C$4.6 billion for the 12 months ended March 31, 1998. BDC also expects to expand its services, such as providing financing, through legislative changes. The bank also plans to raise capital of about C$370 million over five years by either issuing bonds or subordinated debt in the public market. Beaudoin says the federal bank's plans to boost capital will push through regardless of the bank mergers.

Comment:

Chief Executive Officer Francois Beaudoin sees an expanded role for the federal bank once govt approves mergers of big banks

Commercial Banking, State Banks, Business Development Bank of Canada

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Bleach kicks firm's sales into high gear

Article Abstract:

Kik Corp., a Concord, Ontario-based private-label cleaning products maker, has relied on its bleach products to boost its sales. By supplying Wal-Mart, Kmart and Loblaws, the company has turned out to be the second-biggest manufacturer in North America. The firm had sales of C$100 million in 1997 compared with C$16 million in 1994. Kik has also branch out into products with higher margins, including window cleaner and fabric softener, behind bleach products' high volume, which makes it cost-effective to market other cleaning products.

Comment:

Private-label cleaning products maker has relied on its bleach products to boost its sales

Polish and Other Sanitation Good Manufacturing, Household Bleach, Bleaches, Kik Corp.

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