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

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To: Gilbert Drapeau who wrote (136)5/5/1999 1:10:00 PM
From: Gilbert Drapeau  Read Replies (1) of 169
 
LGS Launches New Ecommerce Business Unit: Integrates
Internet, Telephony and Security Technologies for the First Time

MAY 5, 1999
MONTREAL, QUEBEC--(NASDAQ: LGSA) - LGS Group Inc., one of Canada's
largest information technology and management consulting firms,
today announced the formation of a new electronic commerce
business unit called Ecommerce+. The new unit will take a unique
approach to Ecommerce, integrating the company's world-class
capabilities in Internet, telephony and security technologies.
With 175 employees across Canada and a large number of global
customers in place, Ecommerce+ represents a strategic expansion
for LGS. Headquartered in Montreal, LGS has built on its existing
Ecommerce experience by recently acquiring companies specializing
in Internet, telephony and security technologies, and is now
joining these capabilities into one entity. Brian Cott, formerly
President of CallPro, will head the new business unit and will
serve as Vice President and General Manager
"With the launch of Ecommerce+, LGS is leveraging its 20 years of
experience designing and managing corporate information systems,
to provide a totally integrated electronic commerce solution,"
said Raymond Lafontaine, President, LGS Group Inc. "We're
marrying the existing world of legacy data systems to the emerging
world of electronic transactions to help organizations better
interact with their customers, partners and suppliers."
While most organizations continue to approach Ecommerce as
Internet-focused or simply consider telephones when it comes to
call centres, Ecommerce+ takes a much broader approach.
Ecommerce+ is driven by the belief that the convergence of
telephony and the Internet is essential for conducting business
and should be viewed as one, total means for interaction,
facilitated in a secure environment.
"We believe Ecommerce is more than just buying and selling on the
Internet," said Brian Cott, Vice President and General Manager,
Ecommerce+. "Customers should be able to conduct business with an
organization in a way that is most convenient for them - with the
choice of multiple channels of access. With Ecommerce+, we can
now offer this unique ability to organizations around the world."
Ecommerce+ has developed a number of core, integrated Ecommerce
solutions that can be customized to address specific business and
marketplace needs. Built using reusable frameworks, Ecommerce+
solutions are designed to help organizations improve relationships
with customers, reduce transaction costs and take advantage of new
delivery channels. This framework-based approach to solution
delivery will allow clients to launch their Ecommerce initiatives
faster and more cost-effectively. Some of these solutions include:
- CommerceCentre(TM) - A fully integrated call centre with
multimedia capabilities, allows an organization to conduct
business regardless of the medium used.
- Track & Trace(TM) - Allows customers to monitor online the
delivery status of parcels, trouble-tickets, orders, etc.
- Eprocurement(TM) - Enables organizations to interact online with
suppliers for procurement of products and services
- Trade Xchange(TM) - A web-based system to support trading of
products and services
"Ecommerce+ truly is a unique solutions provider in the markets
that we serve and we believe that our combination and level of
expertise will continue to set us apart," said Mr. Cott.
A business unit of LGS Group Inc., Ecommerce+ provides secure
Internet and telephony solutions that help organizations better
manage their interactions with clients, suppliers and partners.
It brings together the world class specific expertise of Domus in
security, CallPro in applied telephony, Ecommerce in internet and
LGS in consulting, systems integration and project management.
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 areas 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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