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National Bank of Canada and IBM team up for ClicCommerce
Montreal, 21 February 2002 - The National Bank of Canada (NA-T) and IBM Canada Ltd today announced IBM's participation in the Bank's e-commerce subsidiary, ClicCommerce (www.cliccommerce.ca). This transaction will mean an increase in resources for the development of the ClicCommerce portal and is a clear endorsement of the business model created by the National Bank of Canada.
ClicCommerce will leverage from IBM's participation by leveraging IBM's global capabilities and leadership in e-commerce "This contribution demonstrates IBM Canada's commitment to e-procurement and its confidence in the National Bank's role as the premier e-commerce driver in Quebec," explained Michel Lozeau, Senior Vice-President, E-commerce, National Bank. ClicCommerce is a firm specialized in electronic commerce owned by National Bank of Canada and COGNICASE.
"IBM's participation is an integral part of our partnership agreement with the National Bank of Canada," said Denis Desbiens, Vice-President, Quebec, IBM Canada. "ClicCommerce is an innovative portal that provides enterprises with information and services, simplifying the way they do business. We are confident that IBM's participation will help to further extend the portal's capabilities and make it an industry leader."
ClicCommerce offers B2C hosting and B2B e-procurement services through its ClicInc portal. IBM was one of the first suppliers to join ClicCommerce. This latest announcement further reinforces IBM's commitment to the e-commerce market.
The National Bank of Canada is an integrated group that provides comprehensive financial services to its core market – individuals, SMEs and large companies, as well as providing specialized services to its other customers worldwide. The National Bank has assets exceeding $75 billion and employs over 17,000 people – it is the sixth largest bank in Canada. Its shares are listed on the Toronto Stock Exchange (TSE).
ClicCommerce is a company specialized in e-commerce and is held by National Bank of Canada and COGNICASE. Since it was created in January 2001, ClicCommerce has developed and implemented four electronic platforms currently serving over 4,500 businesses.
IBM is the world's largest information technology services provider, with more than 6,000 employees in Quebec alone. The company is a major supplier of products, services, and support programs that help Quebec enterprises grow and extend their reach throughout the world. For more than 80 years,IBM has been providing innovative solutions through its global presence and network of business partners. IBM offers a full range of services, solutions and technologies that enable companies of all sizes to fully realize the potential of e-business. IBM's mission in Quebec is to help drive the province's entry into the New Economy. IBM's Quebec operations include a state-of-the-art microelectronics facility in Bromont, and LGS Group – a full service consulting and systems integration firm. For more information, go to: www.ibm.ca.
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For more information: |
Carole Gagné
Senior Manager
Public Relations Department
National Bank of Canada
Tel.: (514) 394-6991
E-mail: carole.gagne@bnc.ca |
* The telephone number and e-mail address are for the exclusive use of journalists and other media representatives. |
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