Cogeco Cable completes the acquisition of Quiettouch Inc.
PRESS RELEASE
For immediate release
Cogeco Cable completes the acquisition of Quiettouch Inc.
Montréal, Canada – August 2, 2011 – Cogeco Cable Inc. (TSX: CCA) announced today it has
completed the acquisition of Quiettouch Inc. (“Quiettouch”), announced on June 27, 2011.
Quiettouch is a 27-year-old leading independent provider of outsourced managed IT and
infrastructure services to mid-market and larger enterprises in Canada.
Quiettouch will be integrated with Cogeco Data Services and complement CDS’ integrated data
centre, network and voice services offering. Together, they offer a wide array of services and
capabilities designed to better serve the needs of today’s business market, including network
infrastructure, managed connectivity and voice services, data centre facilities and managed IT
services.
“The completion of this acquisition strengthens our position in the business market segment.
Quiettouch is very well positioned in the managed IT and infrastructure services market and
provides tremendous growth potential in the foreseeable future,” said Louis Audet, President and
CEO, Cogeco Cable. “It represents a unique opportunity to add value for the customers of our
business communications subsidiary Cogeco Data Services.”
“This acquisition will enable Cogeco Data Services to better serve the medium and large business
market. It’s an ideal fusion of Cogeco Data Services’ expertise in managed network services, data
centre management and customer service, and Quiettouch’s capabilities in managed IT and cloud
services,” said Tony Ciciretto, President, Cogeco Data Services. “Over the next few months, we’ll
be working to carefully integrate our activities, services and teams. As we bring our people,
businesses and services together, customers will remain the priority.”
“We feel that this transaction creates a great opportunity for employees and customers of both
Cogeco Data Services and Quiettouch. We look forward to working together,” said Dave
Templeton, President, Quiettouch.”
Quiettouch offers a full suite of differentiated services that allow customers to outsource their
mission-critical IT infrastructure and application requirements, including managed infrastructure
and hosting, virtualization, firewall services, data backup with end-to-end monitoring and
reporting, and enhanced and traditional colocation services. Quiettouch operates data centres in
Toronto and Vancouver, as well as a fibre network within key business areas of downtown
Toronto.
ABOUT COGECO CABLE
Cogeco Cable (www.cogeco.ca) is the second largest cable operator in Ontario, Québec and
Portugal, in terms of the number of Basic Cable service customers served. Through its two-way
broadband cable networks, Cogeco Cable provides its residential customers with Audio,
- 2 -
Analogue and Digital Television, as well as HSI and Telephony services. Cogeco Cable also
provides its business customers with data networking, e-business applications, video
conferencing, web hosting, Ethernet, private line, VoIP, HSI, data storage and security, and co-
location services and other advanced communication solutions. Cogeco Cable’s subordinate
voting shares are listed on the Toronto Stock Exchange (TSX: CCA).
ABOUT COGECO DATA SERVICES
With its suite of Business Communication Solutions (Data Centre and Storage Services, Voice
and Connectivity Services), Cogeco Data Services supplies its customers with the fast, reliable
and secure ability to access, manage, move and store large amounts of data worldwide. The
Company's wholly-owned, all optical, redundant network and secure, ‘always on’, tier 3 quality
data centre provide some of Canada’s largest companies and public sector organizations with
near limitless bandwidth and secure facilities for hosting and storing mission critical data.
For more information about Cogeco Data Services, a wholly-owned subsidiary of Cogeco Cable
Inc., visit cogecodata.com.
ABOUT QUIETTOUCH
Quiettouch (quiettouch.com) is a leading service provider of fully managed and integrated
information technology operations; Managed Services, Data Centre Services, Network and Fibre
Services, and Strategic Outsourcing that has been designed for mission critical business
applications. The Company is focused on its customers’ business requirements and needs, no
matter how big or small. Quiettouch’s IT expertise, combined with an in-depth knowledge of
today's business environment has placed the Company at the forefront of the technology services
marketplace. Quiettouch combines its business intelligence with state-of-the-art technology and
services to provide its customers with integrated, customized, single-source IT business
solutions.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained or incorporated by reference in this press release may constitute
forward-looking information within the meaning of securities laws. Forward-looking information
may relate to Cogeco Cable’s future outlook and anticipated events, business, operations,
financial performance, financial condition or results and, in some cases, can be identified by
terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”,
“estimate”, “predict”, “potential”, “continue”, “foresee”, “ensure” or other similar expressions
concerning matters that are not historical facts. In particular, statements regarding Cogeco
Cable’s future operating results and economic performance and its objectives and strategies are
forward-looking statements. These statements are based on certain factors and assumptions
including expected growth, results of operations, performance and business prospects and
opportunities which Cogeco Cable believes are reasonable as of the current date. While
management considers these assumptions to be reasonable based on information currently
available to Cogeco Cable, they may prove to be incorrect. Cogeco Cable cautions the reader
that the economic downturn experienced over the past two years make forward-looking
information and the underlying assumptions subject to greater uncertainty and that, consequently,
they may not materialize, or the results may significantly differ from Cogeco Cable's expectations.
It is impossible for Cogeco Cable to predict with certainty the impact that this economic
environment may have on future results. Forward-looking information is also subject to certain
factors, including risks and uncertainties, that could cause actual results to differ materially from
what Cogeco Cable currently expects. These factors include technological changes, changes in
market and competition, governmental or regulatory developments, general economic conditions,
the development of new products and services, the enhancement of existing products and
services, and the introduction of competing products having technological or other advantages,
many of which are beyond Cogeco Cable's control. Therefore, future events and results may vary
- 3 -
significantly from what management currently foresees. For more exhaustive information on these
risks and uncertainties, prospective purchasers should refer to the risk factors described in the
management's discussion and analysis of Cogeco Cable for the year ended August 31, 2010.
Prospective purchasers should not place undue importance on forward-looking information and
should not rely upon this information as of any other date. While management may elect to,
Cogeco Cable is under no obligation and does not undertake to, update or alter this information at
any particular time, except as may be required by law.
- 30 -
Information: Virginia Brailey
Vice President, Marketing and Communications
Cogeco Data Services
Tel.: 416-840-8742
Catherine Pleau
Advisor, Corporate Communications
Cogeco Cable
Tel.: 514-764-4762