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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: paul e thomas who wrote (12424)	7/21/1998 12:45:00 PM
From: BM	Read Replies (1) \| Respond to of 13949

COGNICASE TO IMPLEMENT WEB-BASED BANKING SYSTEM FOR LAURENTIAN BANK MONTREAL, CANADA, July 21 /CNW/ - COGNICASE Inc. (NASDAQ: ''COGIF'', TSE: ''COG''), a leading provider of value-added software solutions and information technology (IT) consulting services, today announced that it has been awarded a contract to rewrite Laurentian Bank's Application Programmer applications using state-of-the-art web-based technologies. This will allow Laurentian Bank tellers to access the Bank's systems through a graphical user interface and a web transaction server. ''COGNICASE is a leading global IT provider in today's marketplace,'' said Mr. Phillipe Duby, Assistant-Vice President at Laurentian Bank. ''Their reliable and responsive service offerings, as well as their banking and technical expertise make them an outs tanding choice for this project.'' Founded in 1846, Laurentian Bank with assets of over $12 billion is one of the largest Canadian regional banks. ''We are very pleased to be selected by Laurentian Bank to assist them in implementing the next generation of banking services using web-based technology,'' said Ronald Brisebois, President and Chief Executive Officer of COGNICASE. ''This contract awarde inforces our position as a key player in state-of-the-art web-based and other IT technologies.'' COGNICASE Inc., founded in 1991, is an international provider of value-added software solutions and information technology (IT) consulting services. The Company's services encompass three core areas: Software Solutions, including Year 2000 remediation and technology migration projects, Business IT Services, and Business IT Partnerships, including outsourcing. Through automation, reusability, and high quality IT resources, COGNICASE delivers reliable, cost-effective and timely solutions that generate added value for customers, employees, and shareholders. COGNICASE has more than 1,200 employees and a revenue run rate of over $80 million US. For further information, please contact: Andr‚ Nadeau, Vice President, Marketing, COGNICASE, 514-866-6161; nada@cognicase.ca; Duc Nguyen, Vice President, Technology, COGNICASE, 514-866-6161; duc.nguyen@cognicase.ca