CGI Technology Development Agreement Signed, HTN E-Commerce Services link with BCE Emergis To Go Live April 25/00,
APRIL 14, 2000
TORONTO, ONTARIO--HTN today announced the signing of a technology
development agreement with CGI Information Systems and Management
Consultants Inc.. Under the agreement, CGI's expertise in large
scale systems design and implementation will assist HTN with the
enhancement and deployment of HTN's global network strategy.
HTN also announced that it has successfully completed the
integration and testing of its Entertainment Commerce Platform
with BCE Emergis' high volume online payment authorization system.
This phase of the deployment of HTN's services will be ready for
live operation on April 25, 2000.
ABOUT CGI
CGI is the largest independent information technology services
provider in Canada and the fifth largest in North America, based
on its annual revenue run rate of $1.6 billion. Its backlog
currently stands at more than $7.2 billion. CGI has 10,000
professionals and provides end-to-end IT services and business
solutions to approximately 2,500 clients. CGI has operations in
Canada, the United States and the United Kingdom, and does
business in 23 other countries. Through a balance of internal and
external growth, CGI is one of the fastest growing IT services
companies in North America.
HTN Strategic Committee
HTN's Strategic Committee is actively reviewing several financing,
partnership, and acquisition opportunities that will develop and
build escalated value for the HTN shareholders.
Following the Special Shareholders Meeting of February 22, 2000,
the Directors formed the Strategic Committee to assist management
in the review and evaluation of acquisitions and capital projects,
assist in the realignment of the management structure, review all
financing opportunities and assist management in the
implementation and execution of Board strategies and direction.
The members of this committee are Donald Green, Chairman of the
Board, Penny Weeks, Chief Financial Officer of the Corporation and
Colin McLarty as Chair.
James Potter, London, ON, who was elected recently as a Director
of the Corporation, has decided to resign from this position, and
provide ticket industry sales and marketing services as an
independent consultant. Further appointments to the Board will be
announced in the near future.
HTN provides specialized Business to Business E-Commerce ticketing
and reservation services for the entertainment industry. HTN
clients benefit from self-managed databases fully integrated with
a diverse marketing and sales network. The company's technology
can service a wide spectrum of entertainment clients, including
performing arts companies, professional sports teams, theme parks,
museums, movie theatres, golf courses, conference centers and
educational institutions.
The Company's shares are traded on the Canadian Venture Exchange
under the symbol HTN. |
