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2007-09-06

FONDACTION CSN INVESTS $1.5 MILLION IN THE GROWTH OF SQLIAISON

FONDACTION CSN INVESTS $1.5 MILLION IN THE GROWTH OF SQLIAISON
Fondaction, the development fund of the CSN for the cooperation and employment, invests $1.5 million in SQLiaison. SQLiaison creates and implements softwares for the Insurance industry and offers professional services in Business Intelligence, enabling its clients to use their data to make strategic decisions. This investment will contribute to develop new products and new markets.

About Fondaction
Fondaction invests development capitalm in order to keep and create jobs in Quebec. Its assets of about $550 millions on Mai 31, 2007, stem from the retirement savings from 77 000 shareholders. It is the financial partner of close to one hundred companies and partner or specialized funds. It assigns a particular attention to firms in a process of participatory management, of social economy (coop and others) and those more preoccupied by the environment. Fondaction is the first quebec financial institution having obtained the Organisational Stakeholder status of the Global Reporting Initiative (GRI), a UN program for the environment. Fondaction.com
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