COGNICASE Targets Government Sector in the U.S., Acquires
UNIFIED Technologies Inc., U.S. e-Government Solutions
Provider
MONTREAL, QUEBEC---SEPTEMBER 10, 2001 - 09:58 EDT
COGNICASE Inc. (Nasdaq: "COGI"), a provider of
advanced transaction processing solutions and Internet-based
applications, today announced the acquisition of UNIFIED
Technologies Inc., a rapidly growing e-solutions company with
offices in New York City and Albany, New York.
UNIFIED Technologies, founded in 1994, is an e-Business solutions
company uniquely focused on providing Internet technology services
and solutions to state & local governments in the north-eastern
U.S. UNIFIED delivers expertise in the areas of enterprise
architectures, enterprise security and appliance computing
structures by designing, deploying and operating complex and
customized systems that support large-scale e-Business
initiatives. The company has an established and successful
history of doing business with major New York state and New York
City government agencies and is well-positioned to compete in this
lucrative market. The government IT solutions market is an
important source of recurring revenues.
This transaction will add critical mass to COGNICASE's operations
in the US. COGNICASE President and CEO Ronald Brisebois stated,
"The acquisition of UNIFIED Technologies will provide us with the
opportunity to leverage our expertise in developing complex
enterprise solutions and providing transaction processing
capabilities, as well as enhance our visibility and strategic
focus in the north-eastern U.S."
"We are looking forward to becoming part of the COGNICASE
organization. This transaction is about strategic growth and
combining intellectual capital to meet our market demands and
better service our clients. We will continue to drive our
business mission to create value for our clients through the
application of technology." said Jo Raquel, CEO of UNIFIED
Technologies Inc. "Our combined expertise and Cognicase's
resources will enable us to meet our goals of growing the
business, expanding into other states, and becoming a dominant
service provider in the fast-growing e-government solutions
industry."
About COGNICASE
COGNICASE (TSE: "COG", Nasdaq: "COGI") is an IT products and
services provider specializing in advanced transaction processing
and Internet-based applications. Relying on its results-driven
approach, its software and technology and its international
Internet engineering and hosting centre, COGNICASE offers secure
and scalable solutions that contribute to its customers' economic
success in the age of the new economy. The Company is active in
several countries, including Canada, the United States, France,
Spain, Belgium, and the Netherlands.
About UNIFIED Technologies Inc.
UNIFIED Technologies Inc. is a rapidly growing e-Business
solutions company uniquely focused on providing Internet
Technology services and solutions to state & local governments in
the north-eastern U.S. UNIFIED delivers thought leadership in the
areas of enterprise architectures, enterprise security and
appliance computing structures by designing, deploying and
operating complex and customized systems that support large-scale
e-Business initiatives to state and local government agencies and
select middle market companies in New York State. |
