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MAXXCOM CONTINUES U.S. EXPANSION

Colle & McVoy, Inc. of Minneapolis, Minnesota, a subsidiary of Toronto-based marketing communications company Maxxcom Inc., has acquired Mackenzie Marketing, also of Minneapolis. Mackenzie provides strategic marketing services to clients including Bank One Corporation, Chase Manhattan Bank and Wells Fargo. The agency is headed by Andrew and Julie Mackenzie and has a staff of 35. "Mackenzie Marketing is an extremely talented and dynamic agency that will help to perpetuate Maxxcom's aggressive growth strategy in the U.S.," said Beverley Morden, president and chief executive officer of Maxxcom. Maxxcom originally acquired a controlling ownership in Colle & McVoy in March 1999. Financial terms of the acquisition were not disclosed.

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