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Non-Tech : Le coin des francophones -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (3377)	9/15/1999 3:35:00 PM
From: Nicole Bourgault	Read Replies (1) \| Respond to of 77509

Dear Nicole, Thank you for your email and interest in IPS. You can be assured, that we are not indifferent to our small shareholders. We want to keep both our small and large shareholders happy. Unfortunately, we at the company are not always in the office due to business travel or perhaps a vacation during the summer months and therefore, can not always respond immediately to a shareholder request. We do employ an investor relations firm for this purpose. Their name is CEF and the main contact there is Flora Wood and she can be reached at 416 777-0001 or fwood@istar.ca. With respect to your specific questions, as you know, in our first quarter, we sold TMC which is allowing the company to focus on its core electronic vision business. Due to our relatively small size as a company, there are still some variables that can't be 100% predicted in the future which makes it difficult to give you an exact answer to your question. In the first quarter, we have put $0.04 per share to the bottom line. Our goal over the remainder of the year is to improve upon this and have greater earnings at the end of the year. Given the company's performance in previous years, I think this can be considered a substantial turnaround. We do issue press releases on a regular basis that will give you and all shareholders regular updates on our progress. If you don't have access to our press releases, Flora can arrange for you to receive them directly. If you have and further questions, please contact Flora or myself. Thank you for your support and perhaps I will get a chance to meet you at the General Meeting on Sept 16th. Ken Wawrew President & CEO