Coscient Group Concludes Production and Distribution Agreement With Richard Laferriere and Laurent Gaudreau.MONTREAL--(BUSINESS WIRE)--May 10, 1999-- Guy Crevier, president and chief executive officer of Coscient Group Inc. (ME:CST CST abbr. 1. Central Standard Time 2. convulsive shock treatment CST Central Standard Time Noun 1. .A.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CST.A.), today announced the signing of a production and distribution agreement with Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a Laferriere and Laurent Gaudreau. Under the terms of the agreement, Laferriere will step down from his current position as president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Coscient Group to focus fully on the development and production of audio-visual products. Laferriere will continue to sit on Coscient Group's Board of Directors. Laurent Gaudreau, while continuing as vice-chairman of the board, will join Laferriere in this new endeavour. The agreement establishes a partnership with Coscient on several levels. It outlines the terms for the production of concepts developed as well as their distribution, with distribution of products to be carried out exclusively by Coscient's distribution unit, Motion International. Crevier, who will assume interim responsibility for operations, stressed the significant contribution of Coscient's founders: "It is important to recall that Richard Laferriere and Laurent Gaudreau founded what is now Coscient Group in the early 1980s. They accomplished something tremendous, oversaw o·ver·saw v. Past tense of oversee. the growth of the company, and I am pleased that they will continue to enrich the Group with their abilities, energy and talent. The management, employees and creative staff of Coscient Group join me in acknowledging their contribution to the Group's development." Coscient Group is the largest independent producer in Quebec and the second largest in Canada; it is also the leading 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. distributor of television programs. The company produces drama (TV movies, series and feature films), youth programming and animation, entertainment products and documentaries -- in addition to its domestic and international distribution activities. Coscient also produces and distributes large-format films for the IMAX IMAX Noun a film projection process that produces an image ten times larger than standard theatre network. Class A shares of Coscient Group are listed on the Montreal and Toronto exchanges under the symbol CST.A. |
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