COGNICASE Closes Acquisition of LOGISPACE
JUNE 8, 1999 MONTREAL, QUEBEC, CANADA--COGNICASE Inc. (Nasdaq: COGI) confirmed today that it has obtained the necessary regulatory approvals to complete its acquisition of GROUPE LOGISPACE SA, a French information technology (IT) firm specializing in quality control and in operational and large-scale project management. The transaction is effective June 7, 1999. Founded in 1991, COGNICASE is an international provider of value- added information technology consulting services, solutions and software. The company offers a full range of IT solutions including complete and partial outsourcing, WEB/E-commerce development, ERP implementation, client/server application development, network architecture, management and development of client/server software, Web-based development tools, as well as software for automated internet application conversion and platform migration. The company has over 2,300 professionals serving customers from offices located in 15 cities in North America, Europe and Australia. |