COGNICASE Acquires a Leading Provider of Network Security Management Solutions.Business Editors MONTREAL--(BUSINESS WIRE)--Feb. 1, 2001 COGNICASE Inc. (Nasdaq:COGI COGI Coalition on Government Information (also known as the Minnesota Coalition on Government Information, or MNCOGI; promotes open access to public records) )(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :COG.), a leading e-business services provider specializing in secure and scalable real time transactional solutions, today announced the acquisition of privately-held Maxon a leading provider of remotely managed network security products and services. Maxon has offices in Brossard, Quebec This article is about the city of Brossard. For other references to this proper noun, see Brossard (disambiguation). Brossard is a city in southwestern Quebec, Canada, on the southern shore of the Saint Lawrence River across from the island and city of and Toronto, Ontario. This acquisition extends COGNICASE's market position as a provider of secure and scalable real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. transactional solutions to provide network security solutions to protect mission critical systems and corporate e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. applications. Maxon and its RxSecure.Net suite of managed security products and services will be integrated with the COGNICASE Watch4me security management platform thereby strategically positioning COGNICASE to capture the rapidly expanding Managed Security Services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the market, expected to increase more than 1.3 billion US dollars in 2002, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. analysts. By leveraging the existing Maxon security infrastructure and its expertise for providing innovative remote management of best-of-breed security solutions, COGNICASE will be able to provide unmatched solutions for worry-free Security Management. "This transaction is about strategic growth and combining forces to meet market opportunity. Today, our customers require the delivery of mission critical network and e-commerce security services. We recognize that the demand for more protection of their vital information assets and the systems that manage them has become a key component of a rapidly expanding market," declared Mr. Ronald Brisebois, COGNICASE's President and Chief Executive Officer. "We are excited to deliver an unmatched enterprise security solution that protects the availability, integrity and confidentiality of our customers," added Mr. Brisebois. "It is with pride and enthusiasm that the Maxon team joins the COGNICASE family. This transaction will allow our team to reach its full potential. COGNICASE will allow us to extend our expertise into new markets in a strategic and focused manner and we are extremely pleased with this acquisition in that regard," said Mr. Pierre Chagnon, Maxon's President. About COGNICASE COGNICASE (TSE: "COG", Nasdaq: "COGI") is an innovative company specializing in the development and integration of real time transactional solutions. Relying on its results-driven approach, its software and technology and its international Internet engineering A person responsible for developing and maintaining the infrastructure that supports the public Web site, intranet and associated LANs and WANs. May be involved in developing transaction-based applications for e-commerce. See e-commerce engineer. and hosting center, COGNICASE offers secure and scalable solutions that contribute to its customers' economic success in the age of the new economy. The Company is active in several countries, including Canada, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , France, Spain, Belgium, the Netherlands and Australia. About Maxon Maxon is a leader in network security and the Canadian pioneer in managed firewall services. Combining a highly skilled staff with the best hardware and software tools available, Maxon has supplied its expertise to companies since 1989. Maxon's team has given great care and consideration in the selection of solutions and only develops and offers the best quality solutions. Maxon's vast experience in the field of computer security as well as the capability to provide the very best for its clientele has motivated mo·ti·vate tr.v. mo·ti·vat·ed, mo·ti·vat·ing, mo·ti·vates To provide with an incentive; move to action; impel. mo , from the very beginning, the search for the best possible network security systems and solutions available. |
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