COGNICASE Reinforces Manufacturing Management and ERP Expertise: Announces Acquisition of Groupe Genitique Inc.Business Editors 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 the acquisition of Saguenay-based Groupe Genitique Inc., a computer and engineering services company. Groupe Genitique's consultants serve the manufacturing management and engineering markets. The company's engineering division specializes in energy production and high-voltage as well as automation and instrumentation control, which bridges the gap between computing and engineering. The computer group provides manufacturing management, technology infrastructure and solutions development services. This acquisition reinforces COGNICASE's commitment to serving its industrial and manufacturing clients. 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, "Groupe Genitique is well-known for its engineering and computer expertise, in automation controls, industrial computing and energy production in particular. This acquisition supports our strategy of enhancing our enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) and energy offerings." Michel Martel, President of Groupe Genitique, said, "We are pleased to be joining forces with COGNICASE. The synergy created by our increased size will allow us to pursue our growth objectives of providing excellent service to our engineering and manufacturing clients." About COGNICASE COGNICASE (TSX: "COG", Nasdaq: "COGI") is an IT products and services provider specializing in advanced transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. 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 Groupe Genitique Group Genitique was founded in 1986, and is a leading computer and engineering consulting player in the Saguenay region. Groupe Genitique's consultants serve the manufacturing management and engineering markets. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion