OCR CANADA LTD ANNOUNCES THE AQUISITION OF EXA SYSTMES INC

TORONTO and MONTREAL, April 27, 2024 /CNW/ - OCR Canada Ltd., Canada's leading value-added reseller of data collection and automated identification data capture (AIDC)solutions, is pleased to announce the acquisition of EXA Systmes Inc (EXA). Since it's founding in 1988, Qubec-based EXA has delivered flexible, scalable and cost-effectivewarehousing management, machine vision and labelling solutions in a variety of industry segments to customers across Canada.

Expanding our capabilities in automation solutions and Qubec has been a strategic priority to further our value proposition to our customers.

EXA's product and service offerings will compliment OCR Canada's innovative portfolio of barcoding, telemetric, wireless networking, enterprise mobility, and RFID products and industry-leading services and repair capabilities. OCR Canada has locations across Canada and works in collaboration with an array of Global manufacturing partners to best serve small-to enterprise-sized customers, both locally and nationally.

We are excited to finalize the acquisition of EXA Systems as it solidifies and adds to OCR Canada's current presence in Quebec. With the talented EXA personnel's high level of industry expertise, it strengthens our teams, and adds automation solutions such as Vision, Print & Apply, and Weight Dimensioning, to our existing Mobility, Print, Data collection & Managed services. Together, we will continue serve the customers of EXA and welcome them into the OCR family. We are ecstatic in the solutions, services, people and future growth EXA adds to OCR Canada and most importantly to our client base, said Tony Mastrangeli, Senior VP and General Manager of OCR Canada.