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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 (796)10/1/2001 10:39:55 AM
From: Gilbert Drapeau  Read Replies (1) of 843
 
COGNICASE Signs $10 Million Contract With City of
Montreal

MONTREAL, CANADA--OCTOBER 1, 2001 - 10:07 EDT
COGNICASE Inc. (NASDAQ: COGI), a provider of
advanced transaction processing solutions and Internet-based
applications, announced today the signing of a large hosting
contract with the city of Montreal. The contract is valued at $10
million.

Under the terms of the agreement, COGNICASE will manage data
processing operations in collaboration with the city of Montreal.
This includes the elements for implementing a network for central
and departmental processing, a storage area network, and a
hardware hosting and back-up environment. COGNICASE will also
provide support services to the City's computer department. The
mandate will run from January 2002 to December 2006.

"We are pleased to have the city of Montreal benefit from our
hosting centre's leading-edge services. Our advanced
installations and the expertise of our multidisciplinary team will
ensure the security and privacy of the data entrusted to us by the
city of Montreal as part of this mandate," stated COGNICASE
Chairman of the Board, President and CEO Ronald Brisebois.

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.
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