CargoWise Continues Expansion with Acquisition of VivaSoft

Company continues geographic expansion into Canada

Sydney, Australia—Nov. 22, 2011—CargoWise, a provider of logistics technology solutions, has expanded its global footprint with the acquisition of VivaSoft, a Canadian-based logistics technology provider.

The deal enhances CargoWise’s presence and customer base in Canada and will contribute to the company’s 2011 growth of more than 215 percent per annum across the North American market. CargoWise will continue to support and maintain VivaSoft’s current customers as well as offering them an upgrade path to CargoWise’s ediEnterprise solution.

VivaSoft founder, president and chief architect, Eric Crespin will take on the role of CargoWise Business Development Manager in Canada, while other staff will continue to provide assistance and support for VivaSoft customers, as well as contributing to the ongoing development of CargoWise’s other applications.

CargoWise CEO and founder, Richard White, said: “We are excited by this expansion into the Canadian market and the expertise and talent our new Canadian team will bring to CargoWise. Our plan includes significant investment in Canadian capabilities and integration into our powerful global platform.”

“This new partnership with VivaSoft customers and the Canadian market provides a great opportunity to expand our world class ediEnterprise application in Canada,” said White. “In addition to our comprehensive global logistics solutions we will offer a brand new Canadian Customs application suite for all entry types and messages. Our global CargoWise Hosting application will be available in the Canadian market via high-quality geo clustered data centers in the United States, United Kingdom and Australia, and is included at no charge in standard support arrangements."