To: SSP who wrote (38402 ) 3/21/2000 2:53:00 PM From: Link Lady Read Replies (2) | Respond to of 150070
Hi Steve If you remember I said I would keep you updated on Boreal and the merger with Net Creation. This was released today. I'll be glad when find out what the deal is.newswire.ca NET CREATION AND GESPRO ANNOUNCE THE BIRTH OF nSTEIN TECHNOLOGIES QUEBEC CITY, March 21 /CNW/ - Mario Girard, President of Gespro Technologies and Louis Massicotte, President of Net Cr‚ation, are heralding the birth of nStein Technologies, a high tech company that creates and commercialises artificial intelligence software applications. The new appellation better describes the activities in which the company specialises. Following its merger with Bor‚ale, which was announced last December, nStein is planning to launch a public offering within the next few weeks. The application, which automatically reads, understands and summarises texts, was developed by nStein Technologies (www.nstein.com ) and is unique in the world. ``In this era of instant and real-time communications, the product developed by nStein Technologies is a real solution to the fantastic amount of information that businesses are continually receiving via the Internet. Our objective is to provide business people concrete alternatives for managing this vast influx of information - in all languages,' said Louis Massicotte, nSteins's founder and President. This cutting-edge technology has already received industry recognition for nStein Technologies. In December 1999, after only a few months in operation, nStein was named one of the year's four technological breakthroughs at the prestigious interactive communications Boomerang Awards. Earlier in the fall, barely 24 hours after its launch, nStein Technologies received the MIM d'or in the category of Business Solution of the Year at Montreal's March‚ International du Multim‚dia, an international trade show and convention at which more than thirty countries participated. The renewed News Emailer service will shortly allow subscribers to receive, by E-mail, summaries of the articles of their choice from publications relating to some 125 professional activities world-wide. This service will be free and on a daily basis. ``We will shortly be needing major injections of investment capital if we are to maintain our current rate of growth, continue to develop the technology and support our marketing efforts, particularly where the market is undergoing rapid growth. This is one of the main reasons behind our decision to become a public company, something that will be completed shortly. It will also allow us to create many new jobs,' said the new company's Chairman of the Board, Mario Girard. Gespro Technologies is a Qu‚bec leader in computer sciences and data processing R&D. It was recently named High-Tech Company of the Year at the Gala des Fid‚ides, held in Qu‚bec City. NET CREATION, a subsidiary of Pub Cr‚ation specialises in the conception and marketing of new technologies. -30- For further information: Marie Claire Ouellet, (418) 648-1233 ou 563-0965 This press release concerns more than one organization. To view releases from one of these organizations, please select from below. GESPRO TECHNOLOGIES NET CREATION NSTEIN TECHNOLOGIES