Letter to AMG Customers
July 10, 2007
Dear QAAD Customers:
I am pleased to announce the joining of AMG IT Systems Ltd. with MasterControl, Inc. Salt Lake City, Utah in the United States.. With this transaction, AMG became a subsidiary of MasterControl, Inc. on the 27 th of June 2007.
The combination benefits QAAD customers in several ways. MasterControl's software and services compliment QAAD in the areas of enhanced document control, training, and process management. With the combined resources of AMG and MasterControl, QAAD customers will have access to enhanced service and support offerings in both Europe and North America . As the two products are updated to work together, there will be a natural, yet flexible path for both QAAD and MasterControl customers to follow. MasterControl's sound business background and large customer base will ensure the future of QAAD as a solid, progressive offering for many years to come.
This transaction will not affect your contractual agreement with AMG in any way. For example:
The Q&A document may provide answers to your questions about this acquisition. Further information is available in the press release, located at http://www.mastercontrol.com/news/2007/qaad_software.html . Please feel free to contact me with any other questions; I look forward to discussing this with you directly.