Rand A Technology Corporation ("RAND Worldwide™" or the "Company"), (TSX: RND), a global leader in providing technology solutions to organizations with engineering design and information technology requirements, announced today that it has completed the previously announced acquisition of Dallas, Texas-based CADVisions, Inc. The purchase price, payable by RAND, will be made in cash. CADVisions' operations will be integrated into RAND's IMAGINiT Technologies business unit.
CADVisions is an Authorized Autodesk Service and Support Center and a leading provider of Autodesk Inc. software and associated training, consulting and support services. With offices in Dallas, Texas; Wichita, Kansas; and Tulsa, Oklahoma, CADVisions has a customer base of more than 750, including many Fortune 500 companies.
About RAND Worldwide
RAND Worldwide is one of the world’s leading providers of professional services and technology to the
engineering community; targeting organizations in the manufacturing, building, infrastructure and media and
entertainment industries. RAND Worldwide enables its clients to improve their competitiveness, productivity
and profitability by enhancing key aspects of their 3D Design, Data Management and Collaboration
capabilities. With more than 20 years of industry experience, RAND Worldwide delivers knowledge,
expertise and design processes to clients through proven technical support, training and consulting services.
RAND Worldwide employs 446 people in more than 50 sales and client service centers. For more
information please visit
www.rand.com.