December 16, 2011
AVW-TELAV Contact:
Sharp’s Contact: Tim St. Louis 403-301-4702
FOR IMMEDIATE RELEASE
AVW-TELAV & Sharp’s Audio Visual Exchange Assets
Toronto, ON… AVW-TELAV Audio Visual Solutions and Sharp’s Audio Visual is pleased to announce that the two companies recently signed an agreement to exchange the assets of the AVW-TELAV’S SDI (System Design & Integration) Business and some of the assets of AVW-TELAV’s Videoscope Business to Sharp’s Audio Visual; and exchange the assets of Sharp’s Audio Visual Rental and Staging and Videoscope’s rental and staging to AVW-TELAV.
“AVW-TELAV’s business model is primarily based on the rental, event staging and facility business, said AVW-TELAV’s President Johanne Belanger. “Sharp’s Audio Visual’s primary business model is based on the system integration model, said Sharp’s President and CEO Jeff Faber. Both organizations grew successful businesses using these respective models so it is a sound business decision that the skills in each of the two competencies will strategically ensure customers are properly serviced by AVW-TELAV and Sharp’s Audio Visual respective areas of strength.”
The entire AVW-TELAV SDI division and Videoscope’s system design & integration; technical support services, production, and recording media will be integrated into Sharp’s Audio Visual. The entire Sharp’s rental and staging division as well as Videoscope’s rental and staging division will be integrated into AVW-TELAV. “This speaks to the core competencies of each group. This also means that we will no longer go-to-market using the Videoscope brand,” said Belanger.
Both organizations are leading examples of providing excellent customer service and focusing on innovation and creativity. This is the foundation on which the respective organizations were built. “We believe that this asset exchange will create more growth opportunity for each line of business because the business models of each group have business processes and customer delivery goals that are aligned to each of their areas of focus,” said Faber. And Belanger added, “These growth opportunities also translate into great opportunities for our employees.”
About AVW-TELAV
AVW-TELAV Audio Visual Solutions offers a complete range of audio visual and presentation technology services throughout North America. These services include audio visual and computer equipment rental, event staging, simultaneous interpretation, digital services including presentation management, audience response, video capture and webcasting, multi-microphone discussion systems, exhibit and tradeshow solutions, press conferences and technical coordination for meetings, conventions, corporate events and trade shows. AVW-TELAV is one of the Freeman companies. For more information, visit www.avwtelav.com.
About Sharp’s Audio Visual
Sharp's Audio Visual delivers a complete range of advanced audio visual solutions with class leading professionalism and service. These services include enterprise systems design, digital signage systems, content management and design, pre-sales consulting services and 'Rapid Care' after sales service level agreements. Since 1923 we've set the standard for innovation and service in the audio visual industry. Today, our national team is more than two hundred fifty strong. International and national corporations, small medium business', government, public institutions, educators and organizations in every industry and size, trust Sharp's Audio Visual's knowledge. For more information, visit www.sharpsav.com