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IMS Experts-Conseils Inc. Bi-monthly Update

Fri Feb 15, 2008 4:49pm EST
  TROIS-RIVIERES, QUEBEC, Feb 15 (MARKET WIRE) -- 
 IMS Experts-Conseils Inc. (TSX VENTURE: IMS) ("IMS").  Mr. Andre
Tousignant, President and Chief Executive Officer announced that, IMS
Experts-Conseils Inc., a multidisciplinary consulting engineering firm,
the status of the non-issuance report remained unchanged in relation to
the January 4, 2008 non-issuance of its financial statements notice. IMS
indicated in this non-issuance notice that it did not meet the prescribed
date of December 29, 2007 relative to the issuance of its financial
statements and its management report yet to be issued to the regulatory
authorities for the financial period terminated August 31, 2007.

    According to the report regarding the status of the non-issuance notice,
the firm indicated that there were no developments or important changes
with respect to the information released in the non-issuance notice
published by IMS January 4, 2008 (non-issuance notice). IMS indicates
that it did not commit a breach regarding the accomplishment of its
intentions declared in the non-issuance notice.  The firm intends to
respect the conditions of the Canadian Securities Administrators notice
number 57-301, until it has complied in remedying this default.

    IMS Experts-Conseils Inc. (IMS)

    IMS is a Canadian firm offering the full range of engineering consulting
services, notably in the building and related technologies sector as well
as in industrial facilities (mining, metallurgy, pulp and paper), energy,
municipal engineering, project management and supply, economic studies
and consulting management, environmental technologies, transport and town
planning. Moreover, IMS is also specialized in training and the
development of human resources, providing of personnel in the engineering
field and supports its customers by offering turnkey services. Since its
foundation in 1993, IMS ranks amongst the most important consulting
engineering firms in Quebec and Canada. IMS relies on a team of more than
150 highly specialized professionals and technicians located in Quebec
and abroad. IMS also owns one of Quebec's finest consulting engineering
firms namely Pasquin St-Jean, recognized for its expertise in the
building structures field.

    IMS has demonstrated its expertise by executing major projects such as
the Norsk Hydro plant expansion in Becancour, the construction of the
magnesium Magnola plant in Danville, planning of the world's largest
magnesium production facilities, AMO, in Queensland, Australia. Among
IMS's customer base, our firm has undertaken over 20 hospital projects in
Canada, the IBM Marathon tower, the Ecole Polytechnique's Bombardier and
Lassonde pavilions (Universite de Montreal), the principal place of
business of the Caisse de depot et placement du Quebec, the Montreal
Eaton Centre/Les Ailes complex located in Montreal and the Key Center,
Buffalo, New York.

    PROSECTIVE STATEMENTS

    This document may contain prospective statements that reflect
management's current expectations regarding future events. These
prospective statements depend on a certain number of factors and involve
risks and uncertainty. Actual results may differ from expected results.
Management assumes no obligation to update or revise these prospective
statements in light of new information or future events. The TSX Venture
Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of the information contained in this release.


 
 information
can be found on the SEDAR group site (www.sedar.com)

Contacts:
IMS Experts-Conseils Inc. (IMS)
Francine Gauthier
Vice-Presidente, Finances
514-282-8100, ext.  227

Copyright 2008, Market Wire, All rights reserved.

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