COGNICASE Enhances Enterprise Relationship Management
Offering
MONTREAL, QUEBEC--MARCH 14, 2002 - 11:08 EST
* Acquires e-Recruiting Specialist Njoyn Software
* Exclusive payroll management contract with Thinkpath Inc.
COGNICASE Inc. (TSE: COG, NASDAQ: COGI), an innovative IT
solutions provider specializing in the development and integration
of transactional solutions, today announced that it has acquired
Njoyn Software Inc. from Thinkpath Inc. (NASDAQ: THTH).
Njoyn's proprietary Skills Signature, Transcript Signature and Job
Signature software provides a Web-based hiring management
application that automates and manages recruitment and hiring
processes in real time. By quickly pinpointing the best talent, it
meets the needs of corporate human resource departments as well as
staffing agencies. Njoyn's clients include Microsoft Canada, GT
Telecom, CIBC, Alias Wavefront, Huntech and TOSI.
As part of the acquisition, COGNICASE has entered into an
exclusive agreement with Thinkpath, whereby COGNICASE will provide
all payroll management services including payroll processing for
Thinkpath's employees as well as complete Njoyn support and
services to Thinkpath.
Ronald Brisebois, COGNICASE Chairman of the Board, President and
CEO stated, "This e-Recruiting solution enhances our enterprise
resource and relationship management offering comprised of
payroll, human resources and time management software. With the
acquisition of Njoyn, we are truly in a position to help our
clients face the many challenges of modern personnel management."
Declan French, Thinkpath CEO, stated, "The acquisition was timely
for us, as it allows us to concentrate more on our core strengths
of engineering knowledge management, including e-learning and IT
staff augmentation. Furthermore, we believe that COGNICASE is the
right company to handle our payroll needs and exploit the full
potential of Njoyn."
About COGNICASE
COGNICASE Inc. (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.
About Thinkpath
Thinkpath Inc. is a provider of IT & engineering services,
offering a blended suite of outsourcing, recruiting, training and
technology to enhance the resource performance of large and
high-growth corporations. Thinkpath clients include Microsoft,
General Motors, Goldman Sachs, and Cummins. Further information
about the company, its services and products can be found at
www.thinkpath.com. |
