CIMdata PLM Industry Summary Online Archive

13 October 2005

Acquisitions

RAND Worldwide® Completes Acquisition Of Autodesk-Related Assets From Continental Imaging Products

RAND A Technology Corporation , operating as RAND Worldwide® ("RAND" or the "Company"), announces that its wholly owned subsidiary, IMAGINiT Canada, has completed the previously announced acquisition of certain assets and the Autodesk-related business of 702856 Alberta Ltd. o/a Continental Imaging Products ("CIP") of Calgary, Alberta, a provider of the Autodesk, Inc. ("Autodesk") suite of products and services. The purchase price of approximately $300,000 payable by RAND for the CIP assets will be made in cash.

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