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Gold/Mining/Energy : Newsys Solutions Inc A. NSS

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To: Bruno Riccio who wrote (46)2/17/1999 8:51:00 AM
From: BM  Read Replies (1) of 111
 
NewSys and IBM Host Joint Seminar to Launch NewSys Marketing
Program for IBM's Business Intelligence Products

February 17, 1999

OTTAWA, ONTARIO--NewSys Solutions Inc. ("NewSys" or the
"Company"), (ASE:NSS) a leading Information Technology ("IT")
services company, announces a joint IBM and NewSys seminar for
IBM's Business Intelligence family of products, to be held in
Ottawa, at the Chateau Laurier, on February 18, 1999.

This event will serve to launch NewSys' marketing program as a North American reseller and integrator of the Intelligent Miner product line. This seminar will focus on Business Intelligence (BI) solutions and how such applications enable companies to manage their businesses more effectively and efficiently as well as leveraging diverse sources of data, text, and images. By combining IBM's Intelligent Miner analytical tools and NewSys' integration services, companies can now identify and extract high-value BI from corporate data assets. These tools allow organizations to leverage hidden information in their data, uncovering associations, patterns, and trends that can lead to a significant competitive advantage.

Mark Quigg, CEO of NewSys noted, "We are thrilled that IBM has
jointly hosted this seminar with NewSys and look forward to
introducing to our clientele these innovative BI applications. The
team behind IBM's Business Intelligence Partner Initiative is
extremely proactive, which adds significant value to our marketing
efforts. We anticipate this partnership will translate into many
opportunities for NewSys and IBM to introduce their Business
Intelligence products and services."

NewSys Solutions Inc. is an Information Technology consulting firm
and an innovator in business intelligence solutions, specializing
in data warehousing, integration, and outsourcing. Employing over
160 IT professionals, NewSys' clients include Fortune 500
corporations and government departments located in both Canada and
the United States. The Company achieved $14.2 million in revenues
in its last 4 quarters, and has a current annualized revenue run
rate of $17 million. The Company has recorded 22 consecutive
quarters of growth and profitability and has been acknowledged by
Profit Magazine as one of the fastest growing companies in Canada.


IBM and Intelligent Miner are trademarks of IBM Corporation. All
logos, trade names and product names and trademarks or registered
trademarks are property of their respective owners. The Alberta
Stock Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:

NewSys Solutions Inc.
Website: newsys.com
(877) 761-9436
or
For investor relations
Bristol Communications Group Inc.
Stephen Paterson or Michael Simon
(416) 203-1800
E-Mails: spaterson@newsys.com
mdsimon@newsys.com

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