Transcontinental Acquires Mobile Solutions Provider LIPSO

Sophie Hennion, Chief Executive Officer of LIPSO, said: "This transaction will help LIPSO's growth in terms of both products and services development and business development, in a period of rocketing demand for mobile applications."

Details on the transaction price and information have not been released. As of today, the 30 LIPSO employees, Vivianne Gravel and Sophie Hennion join the approximately 850 employees in Transcontinental's Marketing Communications Sector.