COGNICASE Announces Major Computer Systems Contract with RONA/Revy Group for Western Canada.Business Editors & Technology Writers COGNICASE Inc. (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 :COGI COGI Coalition on Government Information (also known as the Minnesota Coalition on Government Information, or MNCOGI; promotes open access to public records) )(TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :COG), an innovative IT solutions provider specializing in the development and integration of transactional solutions, today announced an agreement with RONA RONA Return On Net Assets RONA Rest of North America (multinational businesses with specific US/Canada markets/divisions) RONA Roll Over No Answer (telecom) Inc., of Boucherville, Quebec, to install its accounting, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale and inventory control computer systems in 29 Revy stores based in Saskatchewan, Alberta and British Columbia. The arrangement also calls for the installation of a technology interface between the stores and the Revy head office. Aimed at upgrading the existing system, COGNICASE's OMNI OMNI Omnidirectional OMNI Organising Medical Networked Information OMNI Opportunities for Micronutrient Interventions Project OMNI Operating Missions as a Node on the Internet (NASA networking project) technology will enable RONA/Revy to improve efficiency, give better control of inventory and help improve customer service. The installations in all stores are expected to be completed in two years. This follows a similar agreement, recently announced, to upgrade the computer systems in the 66 RONA/Cashway Stores in Ontario. The pilot project has been completed and store installations are expected to be completed in the next two to three years. Ronald Brisebois, COGNICASE Chairman of the Board, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. stated, "The RONA Group is a very valued client with whom OMNI Solutions, a recent COGNICASE acquisition, has been working with in Quebec for many years. This represents an opportunity to expand our activity in Western Canada and to show other potential clients the quality of our products and our service. We will soon be opening a service centre in this region to better meet increasing demand." About COGNICASE COGNICASE (TSX: "COG", Nasdaq: "COGI") is an IT products and services provider specializing in advanced transaction processing and Internet-based applications. Relying on its results-driven approach, its software and technology and its Application Services Technology Centre, 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 Canada, the United States, and Europe. About RONA RONA is the leading distributor and retailer of hardware, home improvement and gardening products in Canada. RONA and its dealer-shareholders operate a network of 540 stores of various sizes and types. More than 16,000 employees in all regions of Canada work under the various banners. The RONA network represents almost 10 million square feet and annual sales approaching $3 billion. |
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