COGNICASE INTERNET TECHNOLOGIES (CIT) Announces eMP-Apps,
a new E-Services Product Which Integrates Smart Internet
Content and Wireless Technology
FEBRUARY 11, 2000
MONTREAL, QUEBEC--COGNICASE INTERNET TECHNOLOGIES (CIT), a
business unit of COGNICASE Inc. (NASDAQ: COGI), announced
yesterday the launch of eMP-Apps - which stands for electronic
Multi-Path Applications - the first of several products being
developed by CIT to address the convergence of the Internet,
wireless technology and smart content.
The convergence of the Internet and wireless technologies opens
new opportunities to individuals to remain in touch with the
information world 24 hours a day, 7 days a week. Providing Smart
Information on Demand, alerting somebody of an event, enabling a
commercial transaction or reporting the result of personal or
business queries on the Web are some examples of the power of the
eMP-Apps technology.
A live demonstration of the new technology was presented to
COGNICASE shareholders at the Company's annual meeting held
yesterday. In one scenario, a user was automatically notified via
cellular phone when the price of COGNICASE stock reached a
pre-determined level. eMP-Apps can support more significant
rules. For example, based on the level of the stock price, it
could have issued an electronic transaction for a sell order to a
financial transactions portal. It could also purchase airline
tickets for a holiday from a travel Web site. The user can be
notified of these transactions step by step via cell phone or the
operation can be handled automatically by eMP-Apps.
Smart Information on Demand refers to the ability of eMP-Apps to
allow users to easily define personal e-services Rules. The
eMP-Apps will search, evaluate and consolidate Web sites based on
the client's request and domain. In addition, it will monitor
these events or conditions on the Web for subsequent notification
or communication to the client via a channel such as cell phone,
e-mail or any other device supported by eMP-Apps. Smart
Information on Demand is a key competitive differentiator for
eMP-Apps.
eMP-Apps is supported by a personal or business portal called
"Watch4Me7-24", also developed by COGNICASE. This personal or
business portal allows users to register for user-defined
e-services.
"eMP-Apps will provide clients with the smart Internet information
and services they need, when and where they need them, using a
variety of telecommunications channels," stated Normand Theberge,
Chief Operating Officer, COGNICASE INTERNET TECHNOLOGIES (CIT).
COGNICASE is among the North American leaders in the
implementation of business solutions that leverage information
technology, with offices in several major North American and
European business centers. Based on its business results-driven
approach, Internet Software Technologies, international IT
engineering / hosting center and critical mass of business and
technology expertise, COGNICASE offers innovative solutions that
contribute to the success of its customers in the digital economy.
Our solutions include: implementation of turnkey e-business
solutions including portal development and evolution, e-services
software and solutions, re-engineering of existing applications
for e-business, technology configuration management, as well as
project management and business process improvement consulting
services.
COGNICASE INTERNET TECHNOLOGIES (CIT), a business unit of
COGNICASE Inc., has for mission to deliver "smart information on
demand" by developing leading edge Internet and wireless software
solutions. It capitalizes on COGNICASE'S Internet products,
re-engineering technologies and search engine based on rules and
fuzzy logic, and using JAVA and XML.
COGNICASE INTERNET INNOVATIONS (CII), a business unit of COGNICASE
Inc., has for mission to position COGNICASE at the top of the
Internet value chain through the innovation and creation of new
e-businesses. CII will seek out, create, incubate and promote
Internet Portal initiatives. The end result will be a network of
interwoven Internet Portals targeting both vertical markets and
diverse communities and allow COGNICASE to take full advantage of
the Internet economy.
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
(US), which involve risks and uncertainties. As a result of a
number of factors, including factors that the Company may not
currently foresee, the Company's actual results could differ
materially from those set forth in the forward-looking statements.
Certain other factors that might cause the Company's actual
results to differ materially from the forward-looking statements
include the Company's ability to (i) successfully develop
additional products and services and new applications for its
existing products and services and otherwise respond to rapid
changes in technology, (ii) successfully compete in its industry
for customers and developers and other personnel with expertise in
information technology, (iii) successfully identify and consummate
acquisitions on favorable terms and integrate acquired businesses,
(iv) successfully manage its growth and changing business, (v)
close the transaction described herein, (vi) successfully develop
and commercialize the products and technologies discussed in this
press release, as well as those factors set forth under the
heading "Risk and Risk Management" in its 1999 annual report. |
