07/09/09
Italy: signing of a protocol on rapprochement and exclusive collaboration with the GRUPPO IMOLA



VISION IT GROUP, the European advisory group with expertise in Information Technologies, announces the signing of an agreement on exclusive industrial collaboration with the GRUPPO IMOLA, an Italian consulting and IT engineering company.


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Italy: signing of a protocol on rapprochement and exclusive collaboration with the GRUPPO IMOLA

VISION IT GROUP, the European advisory group with expertise in Information Technologies, announces the signing of an agreement on exclusive industrial collaboration with the GRUPPO IMOLA, an Italian consulting and IT engineering company.

Consolidating expertise and growing the presence of VISION IT GROUP in Italy

GRUPPO IMOLA will enhance the product offering of VISION IT GROUP in high value added services of strategic consultancy and the architecture of Information Systems (services and open source oriented Architecture). Positioned in consulting and acknowledged for its capabilities in innovation, GRUPPO IMOLA has 50 senior consultants.

Over the course of 20 years, the IMOLA group has developed a strong presence in the international arena. It operates mainly in the sectors of finance, industry and government organizations. In 2008, its sales figures were around 3.5 million Euros.

VISION IT GROUP has been operating in Italy since 2005 and will now significantly strengthen its presence and skills in this area. The integration of the product offering and expertise of the IMOLA group in the ‘Grid Company’ will enable VISION IT GROUP to develop its skills in SOA and open source.

GRUPPO IMOLA has key skills in our market. Drawing together with them as we are now fits perfectly into our strategy by contributing the growth of value added in our Italian subsidiary,’ according to Philippe Muffat-es-Jacques and Marc Urbany, co-Chairmen of VISION IT GROUP.

It bears mention that for one year VISION IT GROUP will have an option to buy the capital of the IMOLA group in its entirety.

For more information about the IMOLA group: http://www.imolinfo.it/

Alternext NYSE Euronext Paris and Brussels (VIT)
Code ISIN : BE0003882025

About VISION IT GROUP

VISION IT GROUP, founded in Belgium in 2001, led by Marc Urbany and Philippe Muffat-es-Jacques, is a European I.T. consulting and expertise group specialized in infrastructures, software qualification, business solutions and applications, high level consulting and training. VISION IT GROUP is present in 7 European countries (Belgium, France, Luxembourg, Italy, Spain, Great Britain and Switzerland) and employs more than 1,000 experts. Quoted simultaneously on the Alternext NYSE-Euronext Brussels and Paris, VISION IT GROUP just received the prize for best stock exchange performance in 2008 on the Alternext Brussels market.
The Group’s rapid development rests principally on the quality of its experts (90% of whom are engineers) and on its operating model of the “Grid Company.” This particularly effective model consists of making common use of the expertise of the Group’s units. Each of the subsidiaries is specialized in one or two technologies and is committed to work on behalf of all the business units of the Group, wherever their geographic location, without duplicating R&D. VISION IT GROUP offers its clients critical competences at the best price, thereby winning over some of the largest European companies as references.

Contacts

ACTIFIN :
Stéphane Ruiz - tél : +33 (0)1 56 88 11 15 - sruiz@actifin.fr
Laetitia de Froissard - tél : +33 (0)1 56 88 11 19 - ldefroissard@actifin.fr

VISION IT GROUP :
Céline Coucaud, Director of Communications - tel: +33 (0)1 41 09 77 18 - ccoucaud@visionitgroup.fr
Manuel Michel, CFO - tel : +32 (0)2 389 14 80 - investor@visionitgroup.com


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