To: Kevin Hamlin who wrote (1099 ) 5/18/1999 10:16:00 AM From: John BOYCE Respond to of 2259
Might want to watch Group West (GPW/T),NR that certified for IBM e-commerce solutions. Company posted 2nd Q results on Friday(rev up 170% over 2nd Q 98 but less than 1st Q and loss of .01 per share), but this NR caught my eye. Company changing from Y2K and branching out into e-commerce. A few analyst recommendations, ranging from $6-8 so will have to see. NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWSFOR: GROUP WEST SYSTEMS LTD. TSE SYMBOL: GPWMAY 18, 1999Group West Certified For IBM's E-commerce Solution BURNABY, BRITISH COLUMBIA--Group West (TSE:GPW), announced today that it is now certified to provide planning, implementation and support for IBM's Net.Commerce product. Group West Systems Ltd. has had a long term strategic relationship with IBM as an IBM Blue Ribbon partner, and is now one of IBM Canada's more prominent solution providers. This certification has enhanced Group West's ability to deliver comprehensive and fully-integrated internet based solutions to the electronic commerce marketplace. Net.Commerce provides companies a foundation on which to build a custom web-based storefront and also provides a means of selling goods and services through an electronic catalog on the Internet. Financial transactions are facilitated by Net.Commerce which ensures secure on-line credit card processing. Group West has already delivered customized internet/intranet and electronic commerce solutions to a number of customers. The Net.Commerce tool set will permit Group West to give its clients superior electronic commerce solutions with faster delivery. Group West has extensive experience and skills in providing systems integration services to legacy systems. It is these skills that are most essential in implementing electronic commerce initiatives, as they are needed for the integration of data on existing systems. Group West's valuable industry experience, coupled with IBM's technology, has put Group West in a position where it can provide clients with fully integrated, end to end electronic commerce solutions that protect existing IT investments. Founded in 1976, Group West is in the business of supplying computer technology products and services to commercial organizations and government agencies located primarily in North America. The company currently employs over 140 professionals in Canada and the United States to deliver these products and services to its customer base. The company engages in three major areas of business: system integration services, midrange outsourcing, and hardware and software sales.