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Technology Stocks : Cognicase (COGI, T.COG) - Integrated IT Solutions
COGI 4.550+8.3%Jul 18 5:00 PM EST

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To: Gilbert Drapeau who wrote (787)6/18/2001 1:36:19 PM
From: Gilbert Drapeau  Read Replies (1) of 843
 
COGNICASE Wins Long-Term AIRBUS France Project Management
Contract

MONTREAL, CANADA--JUNE 18, 2001 - 10:36 EDT

COGNICASE a New European Force

COGNICASE Inc. (Nasdaq: "COGI"), a leading e-business services
provider specializing in secure and scalable real-time
transactional solutions COGNICASE inc., today announced that it
has won a major contract for managing the project and designing
manufacturing processes for the AIRBUS A380 from AIRBUS France.
AIRBUS France is a subsidiary of AIRBUS.

The European division of COGNICASE will participate in
implementing the AIRBUS A380 program by ensuring operational
support for the processes and management tools and will also
provide assistance with the flight management system. COGNICASE
France's involvement in the projects corresponds to 30% of AIRBUS
France's responsibility. COGNICASE will work on the five-year
contract in the AIRBUS France plant in TOULOUSE.

"We are pleased to be associated with AIRBUS France and consider
this agreement an important vote of confidence for COGNICASE.
This strategic project, in combination with other recent
agreements, will allow COGNICASE to position itself as a major
European IT supplier of services and solutions," declared Ronald
Brisebois, COGNICASE President and CEO.

Vincent Rouaix, Executive Vice-President and General Manager of
COGNICASE Europe added, "This agreement is an excellent
opportunity for COGNICASE. It will support our rapidly growing IT
solutions and consulting services in Europe."

The AIRBUS A380 program represents the largest plane ever
developed by AIRBUS. It is designed for airlines requiring
long-range and high capacity aircraft (both passengers and
freight).

About COGNICASE

COGNICASE is an innovative company specializing in the development
and integration of real-time transactional solutions. Relying on
its results-driven approach, software and technology, and its
international Internet engineering and hosting centres, COGNICASE
offers secure and scalable solutions that contribute to the
success of its customers in the age of the new economy. The
Company is active in several countries, including Canada, the
United States, France, Spain, Belgium, the Netherlands and
Australia.

About AIRBUS

AIRBUS has 44,000 employees in Europe, distributed among 16
locations and four countries (France, United Kingdom, Germany, and
Spain). The French locations total 15,000 people located in
Toulouse, Nantes, St. Nazaire and Méaulte. AIRBUS has annual
sales of 18.5 billion Euros, including 3.7 billion for AIRBUS
France. AIRBUS currently delivers one plane per day.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
COGNICASE Inc.
Michelle Courchesne
Executive Vice-President Communication and HR
(514) 228-8888
michelle.courchesne@cognicase.com
or
COGNICASE Europe
Vincent Rouaix
Executive Vice-President and General Manager
33 (0) 1 41 45 25 25
vrouaix@cognicase.fr
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