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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 (813)1/22/2002 1:17:22 PM
From: Gilbert Drapeau  Read Replies (1) of 843
 
COGNICASE Acquires Toronto Internet Data Centre of
BridgePoint International

MONTREAL, QUEBEC, CANADA--JANUARY 22, 2002 - 12:50 EST
COGNICASE (TSE: "COG", Nasdaq: "COGI"),
a provider of advanced transaction processing solutions and
Internet-based applications, announced today that it has completed
the acquisition of an Internet data centre in Toronto from
BridgePoint International (Canada) Inc.

"Through these state-of-the-art installations, we will be in a
position to reinforce the security and performance of our Ontario
clients' IT infrastructure and data," stated COGNICASE Chairman of
the Board, President and CEO Ronald Brisebois. "The centre will
help us meet our strategic growth objectives of increasing our
recurring revenues by providing services in application service
provider (ASP) mode."

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 centre has state-of-the-art redundant systems, contingency
plans and procedures for off-site storage of back-up files, access
control, and permanent video surveillance. The call centre
provides clients with quick and personalized service for all help
requests 24 hours a day, 7 days a week.

With this acquisition, COGNICASE will have two data centre
facilities covering Eastern Canada-one in Montreal and one in
Toronto.

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 Canada, the United
States, and Europe.
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