BNET Industries

Market Cap:$1.2B
Last Fiscal Year Sales:$17.2M
  • Public
  • CA
Dow Jones Description

Web & Networking Management & Consulting Solutions

Number of Employees 516
Contact Information

155 Commerce Valley Drive East

Thornhill, Ontario L3T 7T2

www.momentum.co...

(905) 881-4414

NAICS Code Computer Systems Design Services: 541512

News & Analysis

momentum advanced solutions inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Sheldon M. Pollack CEO
Daren Selfe Chief Financial Officer
Jill C. Schatz General Counsel, Secretary & Vice President
Robert De Korte Vice President, Business Dev & Web Prof Services & General Manager, Interactive
Terry Whiffing Vice President, Managed Service Operations
Ed W. Vos Executive Vice President and General Manager, Enterprise Solutions and Services
Lasse I. Silegren Senior Vice President & General Manager, Web Solutions & Services

Board of Directors

Name (plus bio) Position
Kamil Khan Chair of Board
Andrew Wnek Board of Directors
Donald Woodley Board of Directors
Gary Steinhart Board of Directors
Henry C. Eeaton Board of Directors
Michael Cannata Board of Directors
Phil Deleon Board of Directors

Sheldon along with Phil DeLeon incorporated OnX Enterprise Solutions Limited in 2006 after the company was spun-off Momentum Advanced Solutions Inc, a company which the two had founded in 1983. Since 1983, Sheldon has spearheaded the development and growth of Momentum from a broker of mid-range systems in the early eighties into one of Canada's leading end-to-end mission critical e-business solutions providers to government and business. Sheldon's ability to identify emerging trends in the strategic application of information technology led him, in 1993, to begin to diversify the company's portfolio of offerings to include Internet solution development. In 1996 Sheldon established Onyx Interactive to provide total ebusiness solutions to its growing roster of clients. In 1997 Momentum entered the managed services market by building its first tier-1 data centre with Sheldon jointly at the helm. Sheldon attended the University of Western Ontario. Sheldon was highlighted as one of Canada's Top Entrepreneurs in Alan Gould's book "The New Entrepreneurs; 80 Canadian Success Stories" In 2000, Sheldon was named as finalist for the Canadian Entrepreneur of the Year awarded by Ernst & Young. Sheldon currently serves on the Board of Directors of Momentum Advanced Solutions Inc and OnX Enterprise Solutions Limited.

Organization Position Status
Onyx ™ O/A Onyx Computers Incorporated Chief Executive Officer Current
Blue Spark CEO & Director Current
Momentum Advanced Solutions Inc. CEO Current
Momentum Advanced Solutions Inc. Board of Directors Current
Onyx ™ O/A Onyx Computers Incorporated Director Current
The University of Western Ontario Former

Organization Position Status
Momentum Advanced Solutions Inc. Chief Financial Officer Current
Onyx ™ O/A Onyx Computers Incorporated Chief Financial Officer Current
Blue Spark Current
ClubLink Corporation Vice President of Finance Former
Wilfrid Laurier University Bachelor of Business Administration Degree Former

Organization Position Status
Momentum Advanced Solutions Inc. General Counsel, Secretary & Vice President Current
TransCanada Corp. Former

Organization Position Status
Momentum Advanced Solutions Inc. Vice President, Business Dev & Web Prof Services & General Manager, Interactive Current

Organization Position Status
Momentum Advanced Solutions Inc. Vice President, Managed Service Operations Current

As Executive Vice President and General Manager, Ed Vos has overall responsibility for the growth, innovation and service excellence of OnX's technology infrastructure solutions. Ed's passion for excellence and proven results oriented approach will strengthen partner relationships and enhance the overall client experience. Ed is an engaging leader who creates a culture for high performance teams that deliver superior performance. Ed brings over 20 years of experience in the IT industry as co-founder of one of the largest national solution providers in Canada. His dedication is also focused on youth development programs, particularly Junior Achievement. Ed holds a bachelor of Business Administration degree from GMI Engineering and Management Institute in Flint, Michigan.

Organization Position Status
Momentum Advanced Solutions Inc. Executive Vice President and General Manager, Enterprise Solutions and Services Current

Organization Position Status
Momentum Advanced Solutions Inc. Senior Vice President & General Manager, Web Solutions & Services Current

Organization Position Status
Momentum Advanced Solutions Inc. Chair of Board Current

Organization Position Status
Momentum Advanced Solutions Inc. Board of Directors Current

Donald P. Woodley is the President of The Fifth Line Enterprise, a privately held company providing strategic advisory services and executive coaching to the Canadian IT industry. He also currently serves on the Board of Directors of Gennum Corporation, DataMirror Corporation, Canada Post Corporation and., Steam Whistle Brewing Inc. and is a past director of Onx Enterprise Solutions Inc., Delano Technology and Star Data Systems. Don is a past Chair of the Board of Governors of ITAC (Information Technology Association of Canada) a past Chair of the Board of Governors of The Stratford Festival of Canada, and a member of the Board of Directors of The Hospital for Sick Children Foundation. He holds a Bachelor of Commerce from University of Saskatchewan and an MBA from the Richard Ivey School of Business at the University of Western Ontario. Don currently serves as a member of the TELUS Corporate Governance Committee and is Chair of the TELUS Pension Committee

Organization Position Status
DataMirror Corporation President of the Fifth Line Enterprise Current
Envelope Alliance Current
DataMirror Corporation Board of Directors Current
Momentum Advanced Solutions Inc. Board of Directors Current
TELUS Corporation Board of Directors Current
Gennum Corporation Interim President & CEO Former
Gennum Corporation Interim President Former
Itac Chair Former
Gennum Corporation Board of Directors Former
Richard Ivey School of Business, The University of Western Ontario MBA Former
University of Saskatchewan Bachelor of Commerce degree Former

Organization Position Status
Momentum Advanced Solutions Inc. Board of Directors Current

Organization Position Status
Momentum Advanced Solutions Inc. Board of Directors Current

Organization Position Status
Momentum Advanced Solutions Inc. Board of Directors Current

Phil along with Sheldon Pollack incorporated OnX Enterprise Solutions Limited in 2006 after the company was spun-off Momentum Advanced Solutions Inc, a company which the two had founded in 1983. Since 1983, Phil has managed the growth of Momentum from a broker of mid-range systems to a provider of enterprise class systems, applications and professional integration that returned true value and competitive advantage to the company's clients. Phil, working with co-founder Sheldon Pollack, diversified the company's portfolio of offerings to include Internet solution development in early 1993. In 1996, Momentum established an interactive division to provide total ebusiness solutions to its growing roster of clients. In 1997 Momentum entered the managed services market by building its first tier-1 data centre with Phil jointly at the helm. Phil attended the University of Toronto and was highlighted as one of Canada's Top Entrepreneurs in Alan Gould's book "The New Entrepreneurs; 80 Canadian Success Stories." In 2000, Phil was named as finalist for the Canadian Entrepreneur of the Year awarded by Ernst & Young. Phil currently serves on the Board of Directors of Momentum Advanced Solutions Inc, OnX Enterprise Solutions Limited and Franchise Services of North America Inc..

Organization Position Status
Onyx ™ O/A Onyx Computers Incorporated President Current
Blue Spark President & Director Current
Momentum Advanced Solutions Inc. Board of Directors Current
Onyx ™ O/A Onyx Computers Incorporated Director Current
University of Toronto Former
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WWW $26.070 -0.330 (-1.25% )
Volume 284,089
Shares Outstanding 49.5M
Market Cap 1.2B
Year High 28.31
Year Low 13.15
Earnings Per Share 1.40
P/E Ratio 18.6214
Dividend 0.44
Yield 1.6878
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