SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : LGS Group Inc. Y/2000 -- Ignore unavailable to you. Want to Upgrade?


To: Gilbert Drapeau who wrote (151)8/9/1999 6:58:00 PM
From: Fungi  Respond to of 169
 
Nice response by the market to a little healthy caution in that announcement! People should get a grip. I can only hope that the market overreacts in a positive direction when LGS turns out better than forecast earnings in the next quarter.



To: Gilbert Drapeau who wrote (151)9/2/1999 9:36:00 AM
From: Gilbert Drapeau  Respond to of 169
 
LGS Awarded Important Contracts in the United States

SEPTEMBER 2, 1999
MONTREAL, QUEBEC--LGS Group Inc. (NASDAQ: LGSA) is pleased to
announce that its new U.S. subsidiary, LGS Corporation, was
recently awarded several significant contracts totaling
approximately $2 million US for work in behalf of U.S. federal
agencies. Currently, LGS' Washington office has over 55
consultants engaged in completing assignments for agencies of the
U.S. federal government.
In Washington, LGS Corporation has teamed with Unisys Corporation
to execute a world-wide assignment for the U.S. Food and Drug
Administration. This assignment draws on LGS' considerable
expertise in the areas of risk assessment as well as its
experience in the healthcare industry.
LGS Corporation is also supporting Computer Sciences Corporation
(CSC) in executing an assignment for the U.S. Agency for
International Development (USAID) in Cairo, Egypt. In addition to
assisting the USAID mission in Cairo, LGS personnel are involved
in the development of plans for the telephone, healthcare and
water treatment sectors in the Egyptian capital.
Furthermore, in a significant win for LGS Corporation and for LGS'
new ecommerce+ business unit, CSC was awarded a Blanket Purchase
Agreement as a part of Safeguard, the new $250 M U.S. General
Services Administration program to provide IT security services to
all agencies of the US federal government. LGS Corporation is an
important member of the CSC team and expects to provide IT
security services under the Safeguard program.
LGS Corporation recently submitted a proposal to the General
Services Administration (GSA) to establish an authorized Federal
Supply Service Information Schedule for IT services. When this
proposal is approved, U.S. federal agencies will be able to
purchase scheduled services directly from LGS Corporation.
" We are delighted with the rapid development of our business in
the United States," said LGS President Raymond Lafontaine. "Since
the opening in April of our first U.S. office in Washington, D.C.,
our US staff has demonstrated that LGS will be a significant
player in the important American IT market".
LGS Group incorporated its U.S. subsidiary in October 1998. LGS
Group Inc. shares were listed on the NASDAQ in November 1998 and
the first U.S. office was opened in the spring of 1999.
Approximately one third of the company's registered shareholders
have an address in the U.S.
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 of $230
million, LGS employs more than 2,200 professionals in 20 offices
in Canada, the United States and Europe. The company is active in
most areas of the private and public sectors.
LGS Awarded Important Contracts in the United States
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.



To: Gilbert Drapeau who wrote (151)9/2/1999 9:40:00 AM
From: Gilbert Drapeau  Read Replies (1) | Respond to of 169
 
LGS Listing at the Toronto Stock Exchange

SEPTEMBER 2, 1999
MONTREAL, QUEBEC--LGS Group Inc. announced today that it had
obtained a conditional approval for the listing of its Class A
subordinate voting shares on the Toronto Stock Exchange.
Listing of Class A shares is subject to compliance with all the
requirements of the Exchange on or before November 23, 1999.
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 of $230
million, LGS employs more than 2,200 professionals in 20 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.