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Gold/Mining/Energy : Newsys Solutions Inc A. NSS -- Ignore unavailable to you. Want to Upgrade?

To: BM who wrote (44)	2/15/1999 8:09:00 AM
From: BM	Read Replies (1) \| Respond to of 111

News - partnership with IBM NEWSYS SOLUTIONS ANNOUNCES PARTNER AGREEMENT WITH IBM - IBM TO CONTRIBUTE TO NEWSYS MARKETING BUDGET FOR IBM'S INTELLIGENT MINER PRODUCTS February 15, 1999 OTTAWA, ONTARIO--NewSys Solutions Inc. ("NewSys" or the "Company"), (ASE:NSS) a leading Information Technology ("IT") services company, is pleased to announce that it has entered into a partner agreement with IBM, to act as a reseller and integrator for IBM's Intelligent Miner(TM) analytical tools. This agreement, covering both Canada and the United States, represents an important development in the Company's Business Intelligence ("BI") practice. NewSys is one of only two IT services companies in Canada with the necessary training and technical expertise to offer integration services for this product line. As part of IBM's Business Intelligence Partner Initiative, NewSys will also receive a marketing investment from IBM to assist the Company in its marketing program for Intelligent Miner. IBM's Intelligent Miner solutions help identify and extract high-value BI from corporate data assets. Organizations can leverage hidden information in their data, uncovering associations, patterns, and trends that can lead to a significant competitive advantage. Included in this product suite are: (i) Intelligent Miner for Data which mines structured data stored in conventional databases or flat files and address business problems in such areas as customer relationship marketing, financial analysis and sales performance; and (ii) Intelligent Miner for Text which harvests information from text sources such as customer correspondence, online news services, e-mail and Web pages. "We are excited to have NewSys join our Business Intelligence Partnership Initiative," said Jim Kelly, Vice President, Data Management Marketing, IBM Software Solutions. "NewSys' services expertise, combined with our award winning Intelligent Miner for Data and Text as well as DB2 Universal Database, will bring many new business intelligence solution opportunities to our mutual customers." NewSys Solutions Inc. is an Information Technology consulting firm and an innovator in business intelligence solutions, specializing in data warehousing, integration, and outsourcing. Employing over 160 IT professionals, NewSys' clients include Fortune 500 corporations and government departments located in both Canada and the United States. The Company achieved $14.2 million in revenues in its last 4 quarters, and has a current annualized revenue run rate of $17 million. The Company has recorded 22 consecutive quarters of growth and profitability and has been acknowledged by Profit Magazine as one of the fastest growing companies in Canada. IBM and Intelligent Miner are trademarks of IBM Corporation. All logos, trade names and product names and trademarks or registered trademarks are property of their respective owners. The Alberta Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. -30- FOR FURTHER INFORMATION PLEASE CONTACT: NewSys Solutions Inc. Website: newsys.com (877) 761-9436 or For Investor Relations Bristol Communications Group Inc. Stephen Paterson or Michael Simon (416) 203-1800 E-Mail: spaterson@newsys.com or mdsimon@newsys.com