COGNICASE Enhances ASP Offering with Database Services: Acquires DBCORP Information Systems Inc.
MONTREAL, CANADA--APRIL 11, 2002 - 08:30 EDT COGNICASE Inc. (TSE: COG, NASDAQ: COGI), an innovative IT solutions provider specializing in the development and integration of transactional solutions, today announced the acquisition of DBCORP, a Western Canada-based provider of database solutions.
DBCORP's services range from remote database administration to performance tuning and database security. Over the past ten years, it has evolved from a company providing Oracle consulting to one strategically focused on database services for all major database platforms. The cornerstone of DBCORP's service offering is its DBAdvantage database services, a suite of flexible service levels which meet client needs in single or multi-platform database environments. Also offered are database project services, specialized database services and the resale of database tools and software. DBCORP currently serves clients throughout North America ranging from small oil and gas companies to very large energy and transportation corporations.
Ronald Brisebois, COGNICASE Chairman of the Board, President and CEO stated, "The acquisition of DBCORP capitalizes upon the trend towards outsourcing of non-core operations, which has strengthened the demand for remote DBA services across a broad range of companies varying in size and complexity. The ability to outsource operational database tasks at a substantially lower cost versus hiring a full time employee is attractive to many companies, particularly small to medium-sized enterprises (SMEs)."
David Rock, DBCORP President and CEO said, "We are very excited to be joining the COGNICASE team. Their entrepreneurial spirit will allow us to continue to innovate in the database services that we deliver to our clients. Through COGNICASE, we can immediately offer new services such as database hosting and disaster recovery sites. We will truly be a complete database resource for companies throughout North America."
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.
About DBCORP
DBCORP is a Western Canada-based provider of database solutions. Its services range from specialized database tuning and configuration through to complete operational and remote database administration. Since 1991, DBCORP has continued its emphasis on database excellence and now offers complete services in Oracle, DB2, Sybase and SQL*Server. |