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Gold/Mining/Energy : LGS Group Inc. Y/2000 -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (111)	10/15/1998 8:50:00 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 169

A $38 million contract for LGS NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: LGS GROUP INC. ME SYMBOL: LGS.A OCTOBER 15, 1998 LGS Group Announces a $38 Million Partnership With the Quebec Department of Justice MONTREAL, QUEBEC--LGS Group Inc. is pleased to announce that it has concluded a five-year, $38-million partnership agreement with the Quebec Department of Justice. Under the partnership, LGS will develop and manage the provincial Register of Personal and Moveable Real Rights, accessible through Internet. The new electronic Register will allow the consumer to access information regarding any financial claims against such major items as automobiles and boats. In an effort to better protect the consumer, the Justice Department is expanding the current law to allow the registration of these items. Earlier legislation provided only for the registration of real estate. Not only will LGS Group's technological solution enable users to consult the Register from their business offices via the Internet, it will also provide a secure connection for the registration of Personal and Moveable Real Rights. /T/The project managed by LGS Group includes: - creating and implementing the on-line Register; - maintaining the technological infrastructure; - operating a technical support line and, - promoting the use of the Register with different clientele - legal, financial and commercial./T/ "This new partnership will modernize the way in which the Justice Department provides services to the population. This project is a concrete and conclusive example of the benefits that the Quebec government's Information Highway Policy provides for the entire population", stated Quebec Justice Minister, Serge Menard. "There are very few equivalent projects in the world today", added Raymond Lafontaine, President and CEO of LGS Group, commenting the issue of secure internet connections. "In fact, this project is an international technology showcase which confirms our capability in the attribution of public keys for security purposes on the Internet. It will allow us to introduce our electronic commerce expertise to foreign markets, particularly in Europe". LGS Group Inc. is one of Canada's largest information technology consulting firms, specializing in management and systems integration. With annual sales exceeding $134 million, LGS employs approximately 2,000 professionals in 16 offices in Canada and Europe. The company is active in most of the private and public sectors.