COGNICASE Inaugurates its Application Services Technology Centre: Investment of $25 Million
MONTREAL, CANADA--NOVEMBER 12, 2001 - 12:01 EST COGNICASE (Nasdaq: "COGI"), a provider of advanced transaction processing solutions and Internet-based applications, today inaugurated its Application Services Technology Centre, under the honorary presidency of Quebec Deputy Prime Minister and Minister of State for the Economy and Finance Pauline Marois. These world-class installations guarantee the security and performance of the IT systems of clients from Quebec, Canada, and the north-eastern U.S.
To ensure the smooth operation of this state-of-the-art centre, COGNICASE has already hired some 150 hosting, security and network specialists and invested $25 million, of which more than half is earmarked for infrastructure and security.
"We are particularly proud to be inaugurating these installations, which will contribute significantly to our growth," stated COGNICASE Chairman of the Board, President and CEO Ronald Brisebois. "In addition to our advanced IT expertise, the Application Services Technology Centre's multidisciplinary teams have an in-depth knowledge of business issues and processes. This makes them ideally suited to help our clients achieve concrete, measurable results."
$320 million in transactions per year
Each year, COGNICASE's clients carry out more than 320 million transactions for a total value of more than $312 billion. The security, availability, and confidentiality of these exchanges requires equipment that meets extremely strict technical standards. The Application Services Technology Centre has uninterruptible power supply systems, contingency plans and procedures for off-site storage of back-up files, access control via swipe cards and permanent video surveillance, etc. Moreover, a call centre provides clients with quick and personalized service for all help requests 24 hours a day, 7 days a week.
"Companies are increasingly aware of the importance of making their IT systems secure," explained Brisebois. "They also need to reduce their management costs. That's why all our products and services can be delivered via outsourcing or in ASP mode. This allows business of all sizes to benefit from cost-effective solutions to more effectively manage their infrastructure and their enterprise resources and relationships."
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 Application Services Technology 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. |