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Gold/Mining/Energy : LGS Group Inc. Y/2000

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To: Gilbert Drapeau who wrote (131)3/31/1999 10:41:00 AM
From: Gilbert Drapeau   of 169
 
LGS Announces Alliance With Sun Microsystems Canada

MARCH 31, 1999
MONTREAL, QUEBEC--LGS Group Inc. (NASDAQ: LGSA) has finalized an
alliance with Sun Microsystems of Canada, an industry giant
recognized globally for the reliability and flexibility of its
computer products and network solutions. Within the framework of
this agreement, LGS will act as system integrator implementing
projects with Sun products such as workstations, software systems,
network solutions as well as the Java(TM) platform.
This alliance, in effect for a three-year period, will enable LGS
Group to offer an even broader range of services, particularly in
the health, customer service and finance sectors. This
development is also very positive for risk management, as LGS and
Sun have each successfully managed a considerable number of
large-scale projects.
"With a pool of over 1,000 customers in Canada, skill centres in
leading-edge technology activities, as well as major investments
in research and development, Sun is certainly a partner of choice
for LGS Group," stated LGS Group president Raymond Lafontaine.
For its part, Sun is equally pleased with the alliance with LGS
Group Inc. Everett Anstey, president of Sun Microsystems of
Canada pointed out that, "Our respective business models are such
that LGS and Sun will become partners who complement each other,
and that are not in competition."
LGS Group Inc. (LGSA at NASDAQ, LGS.A at ME) is one of Canada's
largest information technology consulting firms specializing in
management and systems integration. With annual sales exceeding
$134 million in the last financial year and $160 million in the
current nine months, LGS employs approximately 2,200 professionals
in 19 offices in Canada, the United States and Europe. The
company is active in most of the private and public sectors.
This release may contain forward-looking statements that involve
risks and uncertainties which might cause the actual results to
differ materially from those projected. Potential risks and
uncertainties include the ability to procure, properly price,
retain, and successfully complete projects, the availability of
technical personnel, and competition. These risks and
uncertainties are discussed under the heading "Risk Management" in
the Company's Annual Report.
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