Merger Creates Canadian Market Domination in Collaboration Technology

Momentum Conferencing has entered into an agreement to be merged with the Wish Group owned businesses The Streaming Network and Evolve Collaboration. End Quote

(1888PressRelease) May 02, 2017 - This merger produces one of the largest private collaboration companies in Canada, which will yield important benefits for suppliers, vendors, partners, and customers. Frank Cianciulli, Chairman and CEO of Wish Group, and Steve Niven, Chairman and CEO of Momentum Conferencing, have partnered together to ensure this merger will move forward successfully.

"We're finally bringing together three of Canada's most distinguished collaboration companies to form one truly national powerhouse," said Frank Cianciulli, Chairman and CEO of Wish Group. "What I'm most excited about is our combined vision to be a best-in-class provider backed by our experienced, passionate and talented team."

Momentum Conferencing will keep its existing name and brand as it continues to operate as a standalone brand alongside The Streaming Network and Evolve Collaboration in the Wish Group portfolio. Wish Group has a proven track record of successful acquisitions, and will ensure there is continuity for the business and relationships throughout the merging process.

"Overall, the merging of the companies provides us with the opportunity to move to the next level," said Steve Niven, Chairman and CEO of Momentum Conferencing. "Bringing these three companies together will only provide extra benefits for our clients."

Together the companies will capitalize on industry growth opportunities, deliver continued product innovation, and deliver consistent, reliable operational excellence. This strategic partnership will ensure the merged group of companies is positioned to navigate an evolving industry and secure an overall long-term stability for the business.

"Often in the industry you have companies that are generalists," said Matt Ley, President of Momentum Conferencing, The Streaming Network and Evolve Collaboration. "With the specialization that we've seen in these three brands, we can now, as one company bring a really specialized service to each of our customers. In Canada, there's a lot of people backing out of this market, but we are Canadian built, Canadian owned, and we are expanding in the market."

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