/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
EDMONTON and CALGARY, March 5 /CNW/ - Sylogist Ltd. (TSX:SYZ), today announced their selection as provider of enterprise information management solutions for a warehouse optimization project with FortisAlberta, an electricity utility serving more than 448,000 customers in over 175 communities in central and southern Alberta.
The project includes the implementation of Sylogist's Sylobridge integration software, consulting, project management services and hardware. Sylogist has received orders for the first phase of deployment scheduled for implementation in the first quarter of 2008.
"We are very proud to have been selected by FortisAlberta on this key project," said Werner Biegler, President and CEO, Sylogist, "It demonstrates the breadth of our solution approach and the value of our Sylobridge integration software."
About Sylogist
--------------
Sylogist provides leading enterprise information management and collaboration software applications to municipal, education and private sector customers. We provide an integrated suite of business applications to municipalities that serve their needs for revenue, finance and operations management capabilities. Our education applications provide financial, student information and collaborative web-based systems for the K-12 market. Our industry leading collaborative web solutions enhance teacher, parent and student on-line collaboration driving improved student achievement.
The Company's stock is traded on the TSX Venture Exchange under the symbol SYZ. Information about Sylogist can be found at http://www.sylogist.com.
Forward-looking statements: This press release contains statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and Sylogist's capability to execute and implement its future plans. Actual results may differ materially from those projected by management.
Although Sylogist believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because Sylogist can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the date hereof and Sylogist undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
- The TSX-Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release -