Watch4me/COGNICASE to Offer Internet and Wireless
Services to General Trust of Canada Customers
MONTREAL, CANADA--NOVEMBER 17, 2000 - 08:30 EST
General Trust of Canada has selected Watch4me
Inc., a wholly-owned subsidiary of COGNICASE Inc. (Nasdaq:
"COGI"), for the development, implementation and hosting of its
transactional Web site for specialized mutual funds. The
agreement has an initial term of four years.
The new transactional site, also referred to as a portal, will
allow for a range of leading-edge electronic services to be
delivered to corporate clients and members of organizations whose
financial portfolios are managed by General Trust of Canada.
These services will initially be offered beginning February 2001,
to members of the Ordre des ingénieurs du Québec who partake in
the FERIQUE fund. They will have access to the new site and will
be able to transact in their personal investment accounts through
the Internet.
The Watch4me technology will allow fund participants to set up
personal rules to notify them of fluctuations in their FERIQUE
investment vehicles and stock quotes on the main North American
exchanges via e-mail, voice mail or to wireless devices.
"The vitality of the Fonds FERIQUE reflects the dynamism of its
partners. This is demonstrated in the implementation of this
transactional Internet site offering intelligent electronic
services for notification and cash management. This also
contributes to the quality and user-friendliness of the services
offered to our members," said Pierre Desjardins, Chairman of the
Board of Gestion FERIQUE and President of General Trust of Canada.
"The particular approach and technology of Watch4me allow us to
extend our reach and increase the efficiency of the services
offered to our professional customer base. General Trust of
Canada plans to offer the portal's services to other organizations
and professional associations," added Pierre Desbiens. "We are in
a position to offer our customers secure access to their financial
information wherever they are. More importantly, we are putting
at their disposal a proactive vehicle for permanent and timely
communication that is tailored to their preferences."
"As Internet and Wireless technologies converge, the integration
of the Watch4me technology into the business strategy of an
institution as well-known as General Trust of Canada demonstrates
the relevance and value of our technology for the coming years.
We are pleased to contribute in such a unique way to the Trust's
electronic services." concluded Paul Forostowsky, President of
Watch4me Inc.
About COGNICASE
COGNICASE (TSE: "COG", Nasdaq: "COGI") is an innovative company
specialized in the development and integration of e-commerce
solutions using the Internet and Wireless technologies. Based on
its results-driven approach, software and technologies, as well as
its international Internet engineering, ASP applications
development and IT hosting centre, COGNICASE offers innovative
solutions that contribute to the business success of its customers
in the digital economy. The Company is active in several
countries, including Canada, the United States, France, Spain,
Belgium, the Netherlands and Australia.
About General Trust of Canada
General Trust of Canada is a wholly-owned subsidiary of National
Bank of Canada. General Trust of Canada allows for the growth and
assets security of its various customers through investment and
trustee services to individual customers, as well as through
services provided to organizations, financial institutions and
government agencies. More specifically, General Trust of Canada
helps its individual and institutional customers build up, protect
and manage assets according to its areas of authority and Canada's
existing laws. General Trust of Canada has 40 billion dollars
worth in managed assets and can access business centres located in
all major Canadian cities, hence operating throughout Canada.
About Gestion FERIQUE
The FERIQUE funds have experienced spectacular growth since their
inception 25 years ago to become a true mutual fund family.
Today, the funds have over 20,000 participants and assets
totalling nearly $750 million. FERIQUE offers seven funds:
Short-term revenue, Bond, Balanced, Equities, Growth, American and
International. The performance of each of the funds is ranked
above the mid-point of comparable funds. |
