CIMCO Communications Completes Acquisition of Novacon Customer Base
Combined Company Increases Market Leadership, Strengthens Local Presence
and Broadens Customer Footprint
Oakbrook Terrace, IL, February 18, 2009 - CIMCO Communications, a leading provider of data and voice solutions, today announced it has acquired the customer base of Novacon, a state registered CLEC (Competitive Local Exchange Carrier) based in Schaumburg, Illinois. With the addition of these new customers, this acquisition marks another milestone in CIMCO’s history, giving the company an even stronger market presence.
All acquired Novacon customers are now being serviced by CIMCO, and the company’s representatives have taken great strides to ensure a smooth transition with exceptional customer care. CIMCO will support data, internet and voice services to its new customer base.
“When the prospect of this acquisition presented itself, CIMCO saw this as a strategic growth opportunity to further enhance our portfolio of customers,” said Bill Capraro, president and CEO of CIMCO. “This acquisition reinforces CIMCO’s commitment to deliver latest technology solutions while managing a business built on the foundation that each customer makes a difference.”
CIMCO Communications has maintained consistent growth since the company’s inception in 1985. As a financially stable, privately-held company, the results of this acquisition support its overall business objectives to increase its customer base and broaden its menu of products and services to meet the technology needs of current and future customers. CIMCO maintains a solid portfolio of customers with an infrastructure that brings innovative, efficient and client-specific technologies to the forefront backed by the expertise of its highly skilled employees.
Terms of the acquisition were not disclosed.
About CIMCO Communications, Inc.
CIMCO Communications has been providing integrated communication services to businesses in the Chicago area for 24 years. CIMCO combines its scalable, stable data and voice infrastructure with technologically diverse expertise to provide a broad suite of products and services. Customers experience the passion for extraordinary service in the responsible, knowledgeable and person-to-person way CIMCO meets their needs. For more information, see www.CIMCO.net.