Through its subsidiary Carrus Technologies Inc., Mediagrif Interactive Technologies Inc. (TSX: MDF), a world-leading developer of e-business networks and provider of complete e-business solutions, announced today that it has completed the previously announced acquisition of the assets of BUS Systems Inc. (TSX-V: BUS).
BUS offers a range of Web applications to better manage insurance claims in the automotive industry. The technological tools developed by BUS are specifically programmed for collision repair centers and allow management integration, simplified accounting and communication to bring collision repair centers and insurers together.
This acquisition will complement the suite of services offered by Carrus to its customers. Carrus is the leading developer of state-of-the-art e-commerce software solutions for the automotive aftermarket industry. Its software electronically link warehouse distributors, auto parts jobbers, and installers to allow for the free flow of large and small orders directly through the Internet, without the use of a telephone. -- www.cnxmarketlink.com
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