To: Gilbert Drapeau who wrote (125 ) 2/25/1999 9:46:00 AM From: Gilbert Drapeau Read Replies (1) | Respond to of 169
LGS Opens New Office in Kitchener-Waterloo FEBRUARY 25, 1999 MONTREAL, QUEBEC--LGS Group Inc. (LGSAF at NASDAQ) is pleased to announce the opening of an office in Kitchener-Waterloo, its second branch in the fast growing region of South-western Ontario. This new office will continue to offer LGS' services to the financial market with a renewed focus on the manufacturing and distribution sectors. Kitchener-Waterloo is recognized as a centre of excellence for technology innovation and consequently has an excellent supply of highly trained professionals. LGS sees growth of 25 to 30 professional consultants in the coming year bringing its staff in its London and Kitchener-Waterloo offices to 60 resident professionals. "We are encouraged and pleased with the excellent support we have received from the City and the regional economic development department" comments Paul Hansen, Vice President for South-western Ontario, LGS Group Inc. "We are committed to this dynamic region and hope to duplicate our London success in the Kitchener-Waterloo area, added Raymond Lafontaine, President of LGS." 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 in the last financial year and $160 million for the current nine months, LGS employs more than 2,200 professionals in 18 offices in Canada and in Europe. The company is active in most of the private and public sectors. This release may contain forward-looking statements that involve risks and uncertainties which might cause the actual results to differ materially from those projected. Potential risks and uncertainties include the ability to procure, properly price, retain, and successfully complete projects, the availability of technical personnel, and competition. These risks and uncertainties are discussed under the heading "Risk Management" in the Company's Annual Report.