COGNICASE and Mitsui Announce Strategic Relationship in Canada.Business Editors MONTREAL--(BUSINESS WIRE)--Oct. 24, 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 provider of 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. solutions and Internet-based applications, announced today that it has signed a marketing agreement with Mitsui & Co. (Canada) Ltd. The agreement will benefit both parties, by providing Mitsui Canada's clients with the opportunity to acquire COGNICASE's advanced technology and services. The relationship is intended to leverage Mitsui Canada's established Canadian business Canadian Business is the longest-publishing business magazine in Canada. It was founded in 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce. The magazine was renamed Canadian Business in 1933. network and its relationships within the Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. Japanese business community, most notably in Ontario. "Partnering with such a strong technology partner as COGNICASE presents an excellent opportunity for Mitsui Canada to expand our IT Solutions business into the Canadian market," said Kenji Dewa, President & 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. of Mitsui Canada. "It is the direction of Mitsui Canada to provide high-value-added services to our customers with cost-effective solutions. Our strategic partnership with COGNICASE will enable Mitsui Canada to achieve this goal." The arrangement will enable Mitsui Canada to meet its global parent Mitsui & Co., Ltd. (Tokyo)'s directive to have each of its offices provide best of breed technology services for its clients and business partnerships. "We are very pleased to be in a position to work with Mitsui Canada to provide our technology products and services to their established base of clients in Ontario and throughout Canada," stated Ronald Brisebois, Chairman of the Board, President and CEO of COGNICASE. "We believe our technical competence technical competence, n the ability of the practitioner, during the treatment phase of dental care and with respect to those procedures combining psychomotor and cognitive skills, consistently to provide services at a professionally acceptable level. coupled with our significant experience operating in many of the same business sectors and geographic markets as Mitsui Canada combine to make this marketing arrangement very beneficial not just to each other, but more importantly, to the clients we both take pride in serving. We look forward to a long and mutually rewarding relationship with Mitsui Canada." Under the agreement, Mitsui Canada will identify opportunities with existing business partners for the deployment of COGNICASE's broad suite of technology products and services including but not limited to: -- Payroll and HR outsourcing and software products -- IT facilities management outsourcing -- Call centre services -- Financial software products -- ISP and ASP services -- Strategy, e-commerce, workflow, and ERP services -- Technology education services -- Related technology templates, products and services About COGNICASE COGNICASE (TSE: "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 See ASP and Web 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 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, and the Netherlands. About Mitsui & Co., Ltd. (Tokyo) Mitsui & Co., Ltd.(Tokyo) is Japan's largest sogo shosha Sogo shosha (総合商社 sōgō shōsha , or general trading company. The Company has two principal roles: to facilitate its clients' international trade-related activities and - making use of its substantial information, human, financial, and other resources - to create new trade flows, new enterprises, and new industries around the world. Mitsui & Co., Ltd. (Tokyo) is an international "business creator" offering value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. to clients worldwide. The Company's 17 Operating Groups oversee a broad range of products, and have the knowledge and experience to best serve the ever-changing needs of the global marketplace. For more information about Mitsui & Co., Ltd. (Tokyo), visit the Company's Web site at http://www.mitsui.co.jp. |
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