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Technology Stocks : Cognicase (COGI, T.COG) - Integrated IT Solutions -- Ignore unavailable to you. Want to Upgrade?


To: Gilbert Drapeau who wrote (612)2/4/1999 10:40:00 PM
From: airborn  Read Replies (1) | Respond to of 843
 
Finally an up-day for COGIF on the 3rd worst down-day for Nasdaq, maybe people do still want stock's with great growth and excellent profits, with much more too come, what a concept.........



To: Gilbert Drapeau who wrote (612)2/9/1999 1:24:00 PM
From: Gilbert Drapeau  Read Replies (1) | Respond to of 843
 
COGNICASE Inc. Announces the Closing of its new Issue of Common Shares

www2.cdn-news.com

MONTREAL, QUEBEC, CANADA--COGNICASE Inc. (NASDAQ: COGIF) announced
today the completion of its new issue of 2,000,000 Common shares
at a price of Cdn.$35.00 per share. The estimated net proceeds
from the issue of Common shares offered by the Company, after
deducting the expenses of the offering, are approximately
Cdn.$66.6 million and to be added to the Corporation's working
capital, used for general corporate purposes or to fund
acquisitions of businesses. The offering was led by CIBC Wood
Gundy Securities Inc.
The Common Shares will not be registered under the U.S. Securities
Act of 1933, as amended, ("U.S. Securities Act") and may not be
offered or sold within the United States or to, or for the account
or benefit of, U.S. persons except in certain transactions exempt
from the registration requirements of the U.S. Securities Act.
Founded in 1991, COGNICASE is an international provider of value-
added information technology consulting services, solutions and
software. The Company offers a full range of IT solutions
including outsourcing, ERP implementation, application
development, WEB/E-commerce development, network architecture,
management and application development software for client/server
and Web-based application, as well as software for automated
software conversion, platform migration and IT outsourcing.
COGNICASE has over 1,740 resources serving customers from business
offices in 15 cities in North America, Europe and Australia.