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To: Gilbert Drapeau who wrote (166)12/12/2000 12:15:00 PM
From: Gilbert Drapeau  Read Replies (2) | Respond to of 192
 
Mindready Solutions Inc. Files Final Prospectus

MONTREAL, QUEBEC--DECEMBER 12, 2000 - 10:26 EST

Mindready files a final prospectus in connection with initial
public offering

Mindready Solutions Inc., a subsidiary of NURUN Inc., announced
today the Company has filed a final prospectus in connection with
its initial public offering of subordinate voting shares. This
offering will raise gross proceeds of approximately CAN$30,000,000
through the issuance of 2,500,000 subordinate voting shares at a
price of CAN$12.00 per share, and is expected to close on December
21, 2000.

Underwriters have an option to exercise a greenshoe of 375,000
subordinate voting shares at the issue price over the next 60 days
following closing. The underwriting syndicate is led by RBC
Dominion Securities Inc., and includes CIBC World Markets Inc.,
Yorkton Securities Inc., Desjardins Securities Inc and National
Bank Financial Inc. The prospectus was filed with the securities
commissions in each Canadian province. The net proceeds of the
offering will principally be used to support Mindready's
acquisition plan.

Mindready's headquarters are based in the Montreal area, Canada.
Mindready also has offices in England and in Northern Ireland, and
currently employs approximately 400 people. Mindready is a
leading supplier of test engineering services and real-time
communications solutions for embedded systems for the
telecommunications, aerospace and multimedia industries.
Recognized as a leader in IEEE-1394-based products, Mindready
offers complete innovative solutions based on this technology.
Mindready's expertise covers design and development of real-time
applications, as well as complete test engineering solutions for
complex embedded systems. Mindready's clients include Nortel
Networks, Hewlett-Packard, WindRiver, Boeing, Fujitsu, Maxtor,
Xerox and Texas Instruments. More information about Mindready and
its products and services can be found at www.mindready.com.