Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
WINDSOR, ON -- (MARKET WIRE) -- 10/10/06 -- Today the CEO of SLJB (Sulja Bros. Building
Supplies, Ltd.) (PINKSHEETS: SLJB), Petar Vucicevich, announced the
acquisition of SAM Building Materials Limited. The acquisition is of a
regional "GSD" (Gypsum Supply Depot) situated in the Windsor/Ontario region
with close proximity to markets in the US. The Company specializes in
supplying Drywall and associated materials such as steel stud, wet board,
acoustical ceilings, and associated finishing products in and around the
Ontario/Michigan area. The company, at the time of acquisition, enjoyed a
solid 10%+ of the Windsor area market share after only 6 years in business.
"We fully intend to advance the development of SAM beyond their already
successful entry into a tough regional market," said SLJB CEO Petar
Vucicevich. "SAM is a respected outfit here in the Windsor area, and as
they adopt the SLJB moniker and available resources, we will serve to
broaden their presence, along with all of SLJB and its affiliates."
An SLJB spokesperson concluded with a statement reiterating that the
acquisition immediately places $6M in revenues to SLJB and that the
ancillary benefits of increased purchasing volume and broader scope of
expertise will only serve to enhance the bottom line of the value to SLJB
shareholders. This acquisition was finalized on October 2, 2006.