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COGNICASE Acquires Information Technology Outsourcing Firm and Announces Long-Term Contract With Guillevin International Inc.


MONTREAL--(BUSINESS WIRE)--April 9, 1998--COGNICASE Inc. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:COG)(NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:COGIF) announces the acquisition of Informatique B.F.G. Limited, a company which manages computer systems on an outsourcing basis. Concurrent with this acquisition, Informatique B.F.G. has renewed for a three-year term its agreement with Guillevin International Inc., its largest customer, continuing a 22-year relationship.

Informatique B.F.G., which acts as an in-house information technology department to its customers, was founded in 1976. The company which has 45 employees posted revenues of US$3.5 million in 1997. The acquisition, to be accounted for as a purchase, is for a cash consideration of US$2.8 million and 46,377 COGNICASE shares.

"This is a significant step towards building a strong service offering in maintenance outsourcing and our objective of making COGNICASE a one-stop provider of information technology solutions," said Ronald Brisebois, President and Chief Executive Officer of COGNICASE. "We can market these services immediately to our growing customer base. Moreover, B.F.G. allows us to greatly expand our testing services in connection with Year 2000 conversions, adding value to our current solutions."

Gilles Marotte Gilles Marotte (January 7, 1945 – July 26, 2005) was a Canadian defenceman in the National Hockey League with the Boston Bruins, Chicago Blackhawks, Los Angeles Kings and St. Louis Blues. , President of B.F.G. Informatique, added: "As a COGNICASE company, we have access to greater resources and a large potential customer base. This acquisition is a great opportunity to grow our IT outsourcing business profitably by leveraging both the COGNICASE name and the strong relationship we have developed with Guillevin International.

COGNICASE, with its wholly-owned subsidiaries Icotech and Hexagon, regrouping more than 850 people, is an integrated provider of value-added IT software solutions and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
, outsourcing business partnerships and software conversions/migrations, differentiated by its industry-leading toolsets, factory-based software development capabilities, certified processes and expertise.

This news release contains certain forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 (US), which involve risks and uncertainties. The Company's actual results may differ significantly from the results discussed in such statements. Certain factors that could cause actual results to differ materially from those discussed in such forward- looking statements include the ability of the Company to (i) successfully integrate business acquisitions (ii) take advantage of opportunities on the Year 2000 market in the short term and (iii) provide software maintenance and platform migration solutions outside the Year 200 market, as well as the risks described in the Company's final prospectus Final Prospectus

A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors.

Notes:
The final prospectus must be given to every investor who purchases a new issue of registered securities.
 dated October 2, 1997 filed with the SEC, the OSC O.S.C. n. short for Order to Show Cause. (See: Order to Show Cause)  and QSC QSC Quality Service Communications (Cologne, Germany)
QSC Quilter Sound Company (QSC Audio Products Inc.)
QSC Queens Surface Corporation
QSC Low-Traffic Ship (radiotelegraphy) 
 in connection with its Public Offering, which factors are incorporated herein by reference. -0-

Note to Editors: COGNICASE press are available at http://www.cognicase.ca

CONTACT: COGNICASE INC.

Ronald Brisebois,

http://www.cognicase.ca

brir@cognicase.ca

or

COGNICASE INC.

Marc Lamy,

http://www.cognicase.ca

lamm@cognicase.ca
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Date:Apr 9, 1998
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