COGNICASE's New Acquisition Strengthens Internet Offering
MONTREAL, CANADA-- JUNE 26, 2001 - 09:56 EDT
COGNICASE Acquires Personus, Leading Online Strategy and
Implementation Firm
COGNICASE Inc. (Nasdaq: "COGI"), a leading e-business services
provider specializing in secure and scalable real-time
transactional solutions, announced today the acquisition of
privately owned Personus Inc. of Toronto, formerly "Caught in the
Web".
Personus is known for helping clients build online businesses, but
has recently focused increasingly on customer relationship
applications. As such, it provides end-to-end core competencies
in project management, business strategy, branding, creative,
technical (including front-end, back-end, and application
architecture development), and hosting services. Major clients
include Merrill Lynch, HSBC, Groome Capital, Empori, TD
MarketSite, Onex Corporation, Barrick, Kellogg, and Microsoft.
According to a recent IDC Bulletin, Personus is well-placed to
become one of the most successful Internet professional services
companies in North America. IDC believes that Personus' strong
reputation and enviable list of clients will enhance its
competitive advantage in both Canada and the U.S.
"In a market in consolidation, we continue to pursue our strategy
of identifying accretive critical mass and solutions-focused
acquisitions. Personus represents a solid combination of
Web-based expertise. It builds upon our recent CRM acquisition
and will allow us to provide our customers with even more
value-added applications. This acquisition will strengthen our
front-end sales channel and add high-value customers to our
operations. In addition, we are very pleased with the company's
strong management team, which will help us solidify business
relationships with existing and new clients in the Canadian and US
market," enthused Ronald Brisebois, President and CEO of
COGNICASE.
"We very much look forward to joining the COGNICASE family and
augmenting its current suite of products by providing
leading-edge, online customer relationship strategy and
implementation services," stated Pete Jones, Personus President
and CEO.
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 centre, 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 Personus
Personus is an online customer relationship strategy and
implementation firm with a unique advantage in developing
consolidated, customer-facing Internet applications that leverage
enterprise-wide systems to support strategic customer loyalty
goals. Personus works with such market-leading clients as TD
Marketsite, Groome Capital, Inc., Microsoft Canada, EMPORI.COM and
Kellogg Canada. |
