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Arinso International acquires DPS Consulting Inc. (Vancouver, Canada)

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02 Sep 2003 | (News)

ARINSO International (Euronext Brussels: ARIN), the market leader in HR Technology in Europe, today announced the acquisition of DPS Consulting in Canada. The deal, which takes effect immediately, confirms ARINSO?s local market leadership in SAP-HR, and provides critical mass in British Columbia (Western Canada), while further enhancing the group?s ability to deliver large projects in Canada. DPS also brings a number of strong client relationships at BC Gas, the City of Vancouver and ICBC (Insurance Corporation British Columbia).

DPS Consulting is an independent consulting boutique in HR Management Systems, employing a small but highly skilled team of consultants in SAP-HR, Business Warehouse and SAP Portals. DPS operates from Vancouver, Canada and realized a 2001 turnover of close to 1 million CAD with 5 staff.

Darcy Lalonde, President ARINSO Canada: ?In Western Canada, DPS were a strong competitor with a proven track record. We are proud that they will now join the ARINSO Canada team, and we look forward to some great business wins in the coming year. Our combined strength will not only allow us to dominate in the core SAP HR market but it will further allow us to roll out Technical and Business Process Outsourcing solutions more rapidly.?

Paul Van Kessel, Managing Director DPS Consulting: ?Merging with ARINSO Canada is a great move for our staff and clients. We can take on large-scale implementations ? and, more importantly, we are teaming with the market leader in our industry, thus guaranteeing a strong partner to our customers, as they consider outsourcing more HR functions.?

Says Peter Blackmore, Managing Director SAP Canada: ?SAP is always delighted to see its partners gain strength and capability. We believe that the combination of ARINSO's focus and strength with DPS's position and track record in the Vancouver marketplace will make ARINSO even stronger as an implementation and service partner for SAP-HR. We look forward to leveraging ARINSO's capabilities to the benefit of our clients."

ARINSO International (Euronext Brussels: ARIN) is a global HR Technology consulting firm operating in Europe, North America, Latin America, Asia Pacific and Africa. ARINSO offers comprehensive HR business solutions to some of the world?s largest employers by providing consulting and services in the areas of HR Strategy, ERP & e-HR Integration and HR Operations.

ARINSO was founded in 1994, and currently employs over 1,100 staff in 18 countries: Belgium, Luxembourg, the Netherlands, France, Spain, Portugal, Italy, United Kingdom, Germany, US, Canada, Argentina, Brazil, Mexico, Singapore, Malaysia, Taiwan and Morocco. IN 2001, ARINSO?s consolidated net sales amounted to EUR 110.9 million, with EBIT of EUR 15.7 million and net profit of EUR 6.5 million.

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