Nstein Technologies signs contract with Computer Sciences Corporation
2004-08-05
- Nstein solutions to be used for the world's largest educational database
Montreal, Quebec, August 5, 2004 - Nstein Technologies Inc. (TSX-V: EIN), an emerging leader in new Business Intelligence (BI) solutions, revealed today the details of a contract previously announced on April 29, 2004, signed with Computer Sciences Corporation (NYSE: CSC) - a leading global information technology (IT) services company - to develop the world's largest educational database, the Educational Resources Information Center (ERIC), a project funded by the U.S. Department of Education.
The U.S Department of Education has teamed up with CSC and subcontractors like Nstein Technologies to develop and operate a brand new version of the ERIC database. Established in 1966, ERIC is composed of more than one million bibliographic records. Its goal is to give educators, researchers and the general public ready access to high-quality, education-related materials through the Internet.
"Nstein is proud to be associated with this extremely ambitious educational database project and to provide leading-edge research and data-retrieval solutions for one of the U.S. Department of Education's most strategic projects," stated Mario Girard, Chairman and Chief Executive Officer of Nstein Technologies.
"Not only is this contract with CSC, a major player in the field of systems integration, an important business opportunity for Nstein in the area of education, it opens a door for the Company to develop American government business and business in the United States in general," Mr. Girard added.
About ERIC
ERIC is a national information system funded by the U.S. Department of Education's Institute of Education Sciences to provide access to education literature and resources. For more information, please visit: www.eric.ed.gov/index.html
About CSC
Founded in 1959, Computer Sciences Corporation is a leading global IT services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology. With approximately 90,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.8 billion for the 12 months ended April. 2, 2004. For more information, please visit: www.csc.com
About Nstein TechnologiesÂ
Nstein Technologies, (TSX-V: EIN), an innovative software development company, provides a Global Intelligent Information Management (GIIM) platform for large corporations and organizations. This flexible platform assimilates, organizes, analyses (text mining), shares and disseminates information arising from structured and unstructured multilingual data sources and essential to operational and decision-making processes. Nstein solutions based on its GIIM platform provide decision-makers with highly pertinent information and transform reactive decision-making into a proactive and even predictive process. Nstein offers new Business Intelligence (BI) solutions that create a new level of global knowledge, accessible at any time, particularly suited to e-publishing, finance, legal, government and homeland security markets. Nstein is based in Montreal, Canada with customer-facing presence in Boston, San Francisco, Washington D.C. and New York, USA. For more information, please visit our website at www.nstein.com
- The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
- Any statement that appears prospective shall not be interpreted as such.
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For more information:Nstein Technologies Inc.:
Bruno Martel
Finance Director
Nstein Technologies Inc.
Tel: 514 908-5406
bruno.martel@nstein.com
Rina Marchand
Marketing Manager
Nstein Technologies Inc.
Tel: 514 908-5406
rina.marchand@nstein.com
