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>> NewsNovember 24, 2004
Contact: BEAUFORT SOLUTIONS INC RECEIVES EDGE STATUS. St. John's, Newfoundland - Innovation, Trade and Rural Development Minister Kathy Dunderdale announced today that Beaufort Solutions Inc. will receive support under the department's Economic Diversification and Growth Enterprises (EDGE) Program. "The photographic industry is undergoing a major technological shift due to the introduction and development of digital imagery," said Minister Dunderdale. "Through the assistance of the EDGE Program, Beaufort Solutions can continue its operations in Newfoundland and Labrador while maintaining its competitive edge, positioning it to become an impressive world player in the development of digital imaging software." Beaufort Solutions provides photo kiosk software to large resellers that manufacture or sell digital imaging kiosks to large retail chains, and provides central lab processing software to companies expanding their services to include digital imaging. Beaufort is an international software developer and is the only business of its kind in the province. "The granting of EDGE status to our company will help maintain its global competitiveness and grow its base at home in Newfoundland," said Beaufort's Chief Executive Officer Todd Hiscock. "We are pleased that the Government of Newfoundland and Labrador has chosen to support Beaufort Solutions in this exciting growth industry." The Economic Diversification and Growth Enterprises (EDGE) Program provides a package of incentives to encourage significant new business investment in the province to help diversify the economy and stimulate new private sector job creation. The EDGE program grants Beaufort Solutions a 10 year holiday from provincial corporate income tax, payroll tax, property and business tax as well as a 50% rebate on federal corporate income tax. Beaufort Solutions Inc. is a Canadian-based world-class provider of open systems software solutions that enable, drive, and support the transformation of digital media into quality prints. As a key kiosk software supplier for large reseller organizations with complementary product and services offerings, BeauFort focuses on delivering innovative and top-quality products to the digital imaging industry. |
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