TMNG Global (TMNG) Announces Name Change to Cartesian, Consolidates TMNG, CSMG and Cartesian Brands to Single Entity

MissionIR would like to highlight TMNG Global (NASDAQ: TMNG), a premier professional services and technical solutions provider, serving worldwide communications, digital media, and technology industries leaders. With offices in the US and UK, the company provides professional services in strategy execution and managed solutions to worldwide clients.

In the company’s news,

TMNG Global announced it will now operate globally under the unified brand name Cartesian.

“This change comes at a defining moment in our company’s history as we operate as one firm, one team under a unified, single brand,” said CEO Donald Klumb. “The name Cartesian best defines our expert team, what we do for our clients, and reflects our business approach across strategy, execution and managed solutions. We continue to evolve the business and its offerings, and as we move forward in our business transformation, now is the perfect time across the organization to adopt the Cartesian name and all that it represents.”

With its origins relating to the French philosopher René Descartes, the name Cartesian signifies intelligent and creative thinking, imaginative problem solving and technical expertise. Cartesian is also the name of TMNG Global’s existing U.K.-based subsidiary, acquired in 2007. The company has been operating under the TMNG Global, CSMG and Cartesian brands in different markets up until this month. Now in operation under the single brand name Cartesian, the company will continue serving its clients through a portfolio of professional services in strategy, execution and managed solutions.

New changes for the company – recent organizational changes, collapsing of business units, and rebranding under a new name – will all facilitate enhanced collaboration in support of higher-value engagements, the creation of IP, and the delivery of cross-functional engagements, particularly in the growing area of managed analytics. The company will continue focusing on driving long-term plans for its proprietary Ascertain software solutions and overall technology enablement.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.