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

To: Gilbert Drapeau who wrote (127)	3/17/1999 9:49:00 AM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 169

LGS Group Inc. Expands Into the United States MARCH 17,1999 MONTREAL, QUEBEC--LGS Group Inc. (LGSAF at NASDAQ) is pleased to announce the opening of its first US office. The office, located in northern Virginia's high-tech centre, will serve the booming Washington DC Information Technology market. The LGS expansion into the US is consistent with the company's strategy of growth through strategic partnerships and client relationships. In Washington, LGS is presently teaming with Unisys Corporation to deliver services to U.S. Postal Service. LGS is also participating in bids with Computer Sciences Corporation for US Government supply arrangements for Electronic Commerce, IT security and other IT services. Jim Howard is the Regional Manager in Washington. "This presence in Washington is the result of our intent to be more visible in the US," commented LGS President Raymond Lafontaine. "The company took a first step by listing its shares on NASDAQ last November," he added, noting that "about 35 per cent of our registered shareholders have an address in the US." LGS Group Inc. (LGSAF at NASDAQ, LGS.A at ME) 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 approximately 2,200 professionals in 19 offices in Canada, the United States and 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.