PTA-Adhoc: CAG International AG: Strategic Alliance with Cimplement Group

Wednesday, 25. November 2020 20:06

Public disclosure of inside information according to article 17 MAR

Baar (pta032/25.11.2020/20:06) - CAG International Announces Strategic Alliance with Cimplement Group

Zug, Switzerland, -November 25, 2020 - CAG International AG, a company traded on the Vienna Direct MTF (Ticker Symbol CAG:AV) ("CAG International" or the "Company") announced today that it has entered into a strategic alliance with Florida based company Cimplement, Inc. ("Cimplement") a premier leadership, sales, corporate culture and negotiation training company.

The two companies intend to combine key competencies and strategies to boost revenues and expand their market presence. Under the Strategic Alliance, CAG will provide its expertise in "carve outsourcing", the Company's proprietary protocol of taking over the entire corporate training function of a client on an outsource basis in exchange for a multi-year contractual relationship. Cimplement will provide its extensive experience, large staff, know-how and diverse array of customizable training programs. The two companies will be positioned to offer clients a vertically integrated comprehensive training solution that also removes the burden of implementation from the client's human resources department. The solution suite is streamlined, cost effective and time saving for clients.

Cimplement Founder and CEO Per Cedergren remarked, "We are very excited about the prospects for our alliance with CAG. The two companies complement each other perfectly and enhance each other abilities to source new and lucrative clients. Cimplement is confident that CAG International will prove to be an optimal ally as our outlook and cultures work well together."

Hans Amell, Founder and Chairman of CAG added, "Our core competency is getting companies to outsource all their training to us. Together with Cimplement, we are much better positioned to launch in the US, the world's largest market and to significantly expand our programs and services. Moreover, both companies are very adept at Virtual/remote training, a key competitive advantage during the current global pandemic."

For more information about Cimplement Group, please visit https://www.cimplement.com.

About Cimplement Group
Cimplement Group is the premier provider of leadership, sales and influence training. Active since 1993, having trained and developed more than 150,000 professionals, we are the leader in the segment of behavioral development. We train your people, your most valuable asset, in becoming better versions of themselves, giving them the tools that will increase your bottom line, your employee satisfaction and your client loyalty.

For more information about CAG International AG, please visit https://www.caginternationalag.com.

About CAG International AG
CAG International AG develops, markets and operates global outsourced corporate training solutions and corporate agility training. The Company, through its wholly owned subsidiary CAG Sweden AB owns 2 subsidiaries MCLP Sweden AB and MA Sweden AB which together make up the Minerva Group.

CAG is now ramping up to expand it's stable of international training resources using its proprietary Carve-Outsourcing or CORE, business agility tool.

CORE explained: CAG provides an elegant and seamless solution, tailored to match each clients' needs in the form of full-service training organization, catering to all their unique training needs. Using our special carve-out methodology, CORE, CAG acquires the client's training personnel and systems. It absorbs them into CAG's own infrastructure. This is done in return for a multi-year training contract (SLA) between CAG and the client.

Minerva Group
Minerva has over 15 years of experience of helping companies and organizations grow through learning.

Mastering business agility through blended learning requires a holistic approach and continual development. The Company has a number of proprietary pedagogical methods and core competencies to allow it to provide world-class learning systems, agility consultancy services, and operations coaching on both the strategic and tactical levels.

Minerva Group, based in Stockholm and Gothenburg operates nationwide in Sweden.Through the history of the Company over one million people have taken part in its various training programs globally. The Company trains employees, thereby realizing their true potential for business success.

https://www.minervagroup.se/minerva-group/

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements that reflect management's current expectations, assumptions, and estimates of future performance and economic conditions, and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as "believe," "expects," "may," "looks to," "will," "should," "plan," "intend," "on condition," "target," "see," "potential," "estimates," "preliminary," or "anticipates" or the negative thereof or comparable terminology, or by discussion of strategy or goals or other future events, circumstances, or effects. Moreover, forward-looking statements in this release include, but are not limited to, the impact of the current COVID-19 pandemic, which may limit access to the Company's facilities, customers, management, support staff and professional advisors, and to develop and deliver services and products. The Company's forward-looking statements could be affected by many factors, including, but not limited to, the Company's ability to commercialize, demand for the Company's products and services, economic conditions in the U.S. and worldwide, and the Company's ability to recruit and retain management, technical, and sales personnel. Further information relating to factors that may impact the Company's results and forward-looking statements are disclosed in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts:

CAG International AG
Zugerstrasse 72,
6340 Baar, Switzerland

info@caginternationalag.com

https://www.caginternationalag.com/

Cimplement Group

85 960 Overseas Hwy
Islamorada FL 33036 USA

info@cimplement.com

https://www.cimplement.com.

(end)

emitter: CAG International AG
address: Zugerstrasse 72, 6340 Baar
country: Switzerland
contact person: Shaen Bernhardt
e-mail: svb@albanix.ch
website: www.caginternationalag.com

ISIN(s): CH0505534542 (share)
stock exchanges: Vienna MTF in Vienna

[ source: http://www.pressetext.com/news/20201125032 ]

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