Swiss High-Tech Firms Announce Landmark Merger to Create Global Software & Professional Services Enterprise



    ZURICH, Switzerland, Sept. 12 /CNW/ - Cognosense and Boxalino, two Swiss
technology companies, have today announced plans to merge their operations as
part of an agreement that will see the newly created corporation become a
leading global software and professional services provider.
    The new corporation will retain the Boxalino name and will continue to be
headquartered in Zurich (Switzerland) and will have subsidiaries in    
Beijing (China), and in Montreal (Canada). Mr. Erick Caron, CEO and
Delegate of the Board for Cognosense will continue in the same capacity with
the newly merged Boxalino.
    The merger will position Boxalino as an innovative provider of advanced
software development tools and technologies in the fields of intelligent
search, customer care, personalization and profiling. These technologies will
create a new standard of reliable, integrated self-learning services devoted
to enhancing a corporation's customer experience. Boxalino will improve the
profitability of both online and brick-and-mortar industry verticals like
call-centers, E-Commerce portals and various other retail trade industries
while exceeding their customer expectations.
    "We want to offer an enhanced return on investment to our customer by
improving both their e-business development processes and the user experience
on their applications. The newly merged company will operate in an improved
financial and technical environment to better serve our customers, which will
accelerate our growth on a worldwide base. Our integrated worldwide presence
will allow us to put in place an aggressive global go-to-market strategy" says
Erick Caron, CEO, Delegate and Vice-Chairman of the Board of Directors.

    
    New Boxalino executive team:

    -   Dr. Christian Wenger has been nominated as the Chairman of the
        new company. Dr. Wenger was admitted to the bar in 1993 and is
        partner of the Swiss law firm Wenger & Vieli. Dr. Wenger is also
        Chairman of the CTI Invest, a member of the Executive Committees
        of the SECA (Swiss Venture Capital and Corporate Finance Association)
        and the EVCA (European Venture Capital Association)

    -   Mr. Erick Caron, currently the CEO of Cognosense, will serve as CEO,
        Delegate and Vice-Chairman of the Board of Directors.

    -   Mr. Michael Ammann, originally the founder of Boxalino, will take up
        the position of Chief Technology Officer.

    -   Mr. Sylvain Paillard, who was one of the co-founders of Cognosense,
        will become Executive Vice-President.
    





For further information:

For further information: Erick Caron, Boxalino, Chief Executive Officer,
E-Mail: corporate@boxalino.com, Mobile: +41-79-648-05-65

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COGNOSENSE SA

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