To: sPD who wrote (226 ) 12/21/1998 7:44:00 PM From: rocki Respond to of 1341
MPACT becomes BCE EMERGIS announcement: 20dec98-ISDN Wire: ISDN DateStamp: 981221 13:22:30 Corporation: MPACT IMMEDIA Stock Symbol: IFM Dateline: MONTREAL, QUEBEC Headline: MPACT IMMEDIA BECOMES BCE EMERGIS Text: MPACT Immedia Corporation announced today it will recommend to its shareholders, at the January 21, 1999 annual meeting, that MPACT Immedia Corporation change its name to BCE Emergis Inc. On August 31, 1998 MPACT Immedia acquired the assets of Bell Emergis'' EBS division in return for cash and shares making Bell Canada the controlling shareholder with 65 per cent of the outstanding shares of MPACT Immedia. The stock symbol for the company (TSE/ME:IFM) will not change. "BCE Emergis represents an important element in our broad strategy of investing in companies with high-growth potential," said Jean Monty, President and CEO of BCE Inc. and Chairman and CEO of Bell Canada. "Our 65 per cent ownership in this company will allow us to leverage our e-commerce capabilities throughout the BCE family of companies. BCE Emergis is currently working with both Tele-Direct and our new broadband/IP company to bring advanced e-commerce applications to our customers." "Because of the creative way the logo has been designed, this new corporate name will allow us to benefit from Bell''s brand notoriety in Canada as well as from the power and excellent reputation of the BCE name on the international scene," said Brian Edwards, President and Chief Executive Officer, Bell Emergis/MPACT Immedia. BCE Emergis/MPACT Immedia, a subsidiary of Bell Canada, delivers network-centric business solutions that improve and, in fact, become an integral part of customer processes. Its e-commerce solutions enable organizations to better compete in the global marketplace. Following its recently concluded merger with the Electronic Business Solutions (EBS) unit of Bell Emergis, the combined entity is one of the top tier electronic commerce providers in the world. For more information, please refer to www.mpactimmedia.com or www.bell.ca/netcommerce. Bell Canada, the largest Canadian telecommunications operating company, markets a full range of state-of-the-art products and services to more than seven million business and residence customers in Ontario and Quebec. Bell Canada''s Internet Web site is located at: bell.ca For more information: Anne Belliveau General Manager, Corporate Communications Bell Emergis/MPACT Immedia (514) 397-8535 Email: abelliveau@emergis.com Jean-Charles Robillard Associate Director, Communications BCE Inc. and Bell Canada (514) 786-3908 Email: jeancharles.robillard@bell.ca