CONVERGE TECH SLTN CORP - CTSDF STOCK NEWS

Converge Technology Solutions Corp. (CTSDF) has been awarded North America Partner of the Year and CORE Partner of the Year at Ingram Micro's IBM Blue Series Summit 2021. These accolades recognize Converge as a leading IBM partner, highlighting its strong growth and innovation in IT solutions. The awards stem from its performance in previous IBM Beacon and Excellence Awards, as well as being one of the fastest-growing IBM partners. The CEO emphasized the importance of this relationship with IBM and Ingram Micro, which enhances their capability to deliver top-notch solutions to clients.

Converge Technology Solutions Corp. (TSX: CTS, OTCQX: CTSDF) has announced the acquisition of Vicom Infinity, Inc. and Infinity Systems Software, Inc. These companies specialize in IBM mainframe solutions and services, enhancing Converge's capabilities in cloud and IT solutions. This marks the twenty-first and twenty-second acquisitions since 2017, expanding Converge's client offerings and resources. The acquisition aims to strengthen Converge's partnership with IBM and enhance its service delivery across North America.

Converge Technology Solutions Corp. (CTSDF) announced significant changes to its board and management team during its annual general meeting. Thomas Volk will become Board Chair, while Darlene Kelly joins the board, both bringing substantial industry experience to aid in expanding operations into Europe. Matt Smith is appointed interim CFO, succeeding Carl Smith, who departs for other opportunities. Additionally, Julianne Belaga is named Chief Legal Officer, reinforcing the company's focus on growth and acquisitions. These changes aim to position Converge as a leading IT services firm globally.

Converge Technology Solutions Corp. (OTCQX: CTSDF) has completed the acquisition of ExactlyIT, a managed IT services provider based in North Carolina. This marks Converge's 20th acquisition since October 2017. ExactlyIT offers a range of services, including Azure Cloud, Google Cloud, and cybersecurity. The firm serves clients across North America and Europe, leveraging its competency center in Mexico for cost-efficient, high-quality service delivery. The acquisition is expected to enhance Converge's capabilities in managed and cloud services, accelerating the rollout of solutions to clients.

Converge Technology Solutions Corp. (OTCQX: CTSDF) announced that its subsidiary, Dasher Technologies, has been recognized as the North America SMB Partner of the Year by Hewlett Packard Enterprise (HPE) for 2021. This award highlights Dasher's commitment to customer excellence and strong financial performance. The recognition underscores the advanced partnership between Converge and HPE, presenting opportunities for growth within the organization. The awards ceremony will take place on June 23, 2021, during HPE Discover.

Converge Technology Solutions Corp. (CTSDF) has attained Elite partner status with Pure Storage, marking the highest level in their Partner Program. This status is granted to partners who demonstrate exceptional sales, technical skills, and customer engagement. Converge's CEO, Shaun Maine, expressed pride in the team’s efforts to reach this distinguished level and emphasized the potential for increased growth and business transformation through enhanced collaboration with Pure Storage. This partnership enhances Converge's capabilities in delivering innovative IT and cloud solutions.

Converge Technology Solutions Corp. (CTSDF) achieved a significant milestone by ranking #39 out of 500 in CRN's 2021 Solution Provider 500 List, an 11-place improvement from last year's #50. The list showcases leading IT channel partners based on revenue and performance, with the combined revenue of ranked companies exceeding $403 billion. CEO Shaun Maine expressed pride in the team's accomplishments and their recognition within a competitive industry. This ranking highlights Converge's influence and commitment to delivering top-tier IT solutions and managed services across various sectors.

Converge Technology Solutions Corp. (CTSDF) has achieved Diamond Partner status with Palo Alto Networks, placing it among the top 2% of partners globally. This status aligns with the stringent performance and capability requirements of Palo Alto's NextWave Channel Partner Program. As a Diamond Partner, Converge enhances its technical pre-sales and delivery resources, enabling greater differentiation and profitability. CEO Shaun Maine emphasized the achievement as a testament to the team's effort, furthering Converge's commitment to client success.