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To: BM who wrote (6)4/26/1998 10:25:00 PM
From: BM  Respond to of 192
 
Other corporate information and customer list

[Note: all information from the preliminary prospectus dated Feb 27, 1998]

The company has 245 employees. Head office is in Quebec City with other offices in Montreal, St-Laurent and Los Angeles. Office openings in 1998 are planned for Ottawa and Paris.

As of Dec 31, 1997, the Company had an order backlog of $13.7 M, compared to $3.9 M a year earlier. Of the 1997 backlog, $3.7M represents the Company's estimate of royalty revenues attributable to its strategic partners' order backlog.

Customers

The Company provides re-engineering software and systems integration solutions directly to its customers and through strategic partnerships. In 1995 and 1996, Year 2000 conversion supported by the Company's software was the object of numerous pilot projects carried out by the Excellence Center. The year 1997 marked the beginning of several large scale re-engineering and Year 2000 conversion projects as well as an increase in the number of customers for the Company. Listed below are organizations for which the Company and its strategic partners have offered solutions in the last two years or which are parties to contracts for the future provision of the Company's solutions:

MANUFACTURING
--------------------

Alcan Smelters and Chemicals Limited;
Benetton - Italy;
Bombardier Inc.;
Ivaco Rolling Mills, Limited Partnership;
Michelin et cie, societe en commandite par actions - Belgium, France, Germany;
Olin Corporation;
The Pillsbury Company;

FINANCIAL INSTITUTIONS AND INSURANCE COMPANIES
-------------------------------------------------------

Banco di Chiavari - Italy;
Banco Credito Bergamasco - Italy;
Banque La HENM - France;
Banque UCB - France;
Cassa di Risparmio di Torino - Italy;
Casden BP - France;
Confederation des caisses populaires et d'economie Desjardins du Quebec;
Le Groupe Desjardins assurances gentrales;
Desjardins-Laurentian Life Insurance Inc.;
The Standard Life Assurance Company;

TELECOMMUNICATIONS
--------------------------

AT & T Canada Enterprises Inc.;
Bell Canada;
Bell Sygma Inc.;
Harris Farinon Canada;
New Brunswick Telephone;
Northern Telecom Limited;
Quebec-Telephone;
Rai Radiotelevisione Italiano - Italy;
SR Telecom Inc.;
Tellabs Transport Group Inc.

AERONAUTICS/TRANSPORTATION
---------------------------------

Air Canada;
Allied Signal Aerospace Canada Inc.;
Pratt & Whitney Canada Inc.;

GOVERNMENT BODIES
---------------------

Bureau des soumissions deposees du Quebec;
Conseil du tresor (Quebec Treasury Board);
Commission de la sante et de la securite du travail;
Cities of Montreal and Quebec;
Gouvemement du Quebec - Ministere de I'education;
Gouvernement du Quibec - Ministere de I'emploi et de la solidarite;
Gouvemement du Quebec - Ministere de l'etat de l'economie et des finances;
Gouvernement du Quebec - Ministere de I'industrie, du commerce, de la science et de la technologie;
Gouvernement du Quebec - Ministere des ressources naturelles;
Gouvemement du Qutbec - Ministere des transports;
Regie des rentes du Quebec;
Societe de I'assurance automobile du Quebec;
Ontario Ministry of Community and Social Services;
Ontario Ministry of Health;
Public Works and Government Services Canada (Valcartier Defence Research Establishment);
Supply and Services Canada;

OTHERS
----------

Clinidata Inc.;
Various hospitals and health establishments;
Hydro-Quebec and Institut de la recherche en electricite du Quebec (Quebec Electrical Research Institute);
Institut national de la recherche scientifique.



To: BM who wrote (6)5/3/1998 10:58:00 PM
From: BM  Read Replies (1) | Respond to of 192
 
IFN may now be the only euro conversion software player among Canadian migration companies - based on Thursday's conference call, Cognicase doesn't seem to be actively working towards that market (see the following link to the Cognicase thread).

Message 4304796