ZURICH, Switzerland, September 12 /PRNewswire/ --     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 Erik 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.

Contact:

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