Tuesday, July 1, 2008

Global Vision (Pty) Ltd Acquires 40% Shareholding of New Media Labs





As part of a strategic partnership New Media Labs has sold 40% of its shares to Global Vision.

Global Vision is a leading business software solution provider and development house, with its roots firmly grounded in South Africa. Since their inception in 1999, they have steadily grown into an established IT specialist and business partner to local & international clients. Global Vision prides itself on solving complex business problems. and they attribute their success to their passion for success that has put them on the cutting edge of global software development trends. Global Vision offers a host of services and solutions, which compliment the offerings of New Media Labs.

Global Vision has solid experience in delivering complex and customisable software and systems solutions, turning seemingly impossible business problems into practical solutions. On time and within your budget.

Among the Global Vision product suite are world-class solutions, Eureka is a relationship marketing software application that measures and profiles consumers based on their involvement with the brand. Through its highly skilled and professional CRM arm Global Vision provides professional services and technology to help you not only stay in business, but to grow, prosper and flourish. Chase is a web-based incident management software application ideally suited to environments in which incidents need to be logged, tracked and reported on. Some prominent clients feature the likes of the V&A Waterfront, UCT and UWC. Recruitbank is an Applicant Tracking System that manages your whole internal and external recruitment process from requisition through to hire.

Jon Jacobson (Global Vision MD) and Wayne Powell (Global Vision FD), both founding members of Global Vision have joined the board of New Media Labs. “Our stake in New Media Labs is an investment in our product offering,” says Jon Jacobson. “Web 2.0 has huge potential to enhance CRM strategies from a consumer acquisition and retention perspective. NML’s take, on using “mashup” concepts to integrate offerings from various social networking spaces allows us to incorporate Web 2.0 functionality into our products and will keep us on the cutting edge. ”

"We are excited about this strategic partnership and have every confidence in Global Vision as a partner. New Media Labs will work closely with Global Vision in order to add value to our customers whilst enhancing our customers business" say Dereck Sigamoney. “We are already starting to reap the rewards of our partnership and we are making some key decisions to ensure the growth of New Media Labs.”

www.globalvision.co.za

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