Acquisition strengthens e-business product offerings and
brings wealth of development talent to organization
Create!form International, a leading provider of electronic forms and
business-to-business electronic document management software, announced
that it has acquired the Australian development firm CLS Research
located in Melbourne. CLS provides next generation business-to-business
electronic document management development and services.
"This acquisition fulfils our strategic growth goals of taking our
leading electronic forms solutions and creating a complete e-document
management system," said Kurt A. Mueffelmann, President and CEO of
Create!form. "Create!form can now provide customers with the ability to
not only print key business documents, but also provide the ability to
fax, e-mail, archive or view key files over the Internet; creating a
true business to business document management solution."
With a 30-member development team, CLS Research has become a wholly
owned subsidiary of Create!form International and maintain its
facilities in Melbourne. "We look forward to our affiliation with
Create!form International," states Andrew McDougall, Director of
Development at CLS. "I am excited about the possibilities of
associating a world-class software organization such as Create!form with
our talented group of developers. We now have the enhanced ability to
deliver an industry leading e-document management system to the market."
Although financial terms were not disclosed, Create!form expects the
acquisition to be accretive for fiscal 2001, excluding the amortization
of goodwill related to the transaction.
Further information for Editors from:
The Marketing Department
Tel: 01494 764858
About Create!form International
Founded in 1987 with headquarters in Cambridge, Mass., Create!form
International develops electronic forms and business-to-business e-
document management software for midrange computing and ERP systems.
With Create!form, corporations gain remarkable productivity and
flexibility in e-document management-incorporating design, print, fax,
email, archive and web retrieval-without modifications to existing
applications. The company's worldwide offices support an extensive
partner network throughout The Americas, Asia Pacific, Europe, Middle
East and Africa. Key markets include manufacturing, distribution,
health, government, education, travel, hospitality and other service
industries. Create!form has over 3,000 customers worldwide including
Honda, Hallmark Cards, Farmers Insurance, Dow Chemicals and Harley
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