QUEBEC CITY, Jan. 19 /CNW Telbec/ - Amadeus International Inc. ("Amadeus") announces the listing of its shares on the TSX Venture Exchange Inc. (the "Exchange") at the opening of the market on Wednesday, January 19, 2005 at 9:30 a.m., under the ticker abbreviation "AML".

During the shareholders meeting of Capital A 77 inc. ("A77"), of Amadeus and of 9106-5086 Québec inc. ("SPEQ") held on December 22, 2004, the shareholders voted in favour of the completion of A77's Qualifying Transaction according to Policy 2.4 of the Exchange, which consists of the amalgamation of A77, Amadeus and SPEQ. The completion of the Qualifying Transaction was subject and conditional, among others, to the ratification of the amalgamation by 66 2/3% of the vote cast of A77's, Amadeus' and SPEQ's shareholders and by the majority of the minority shareholders of A77, to the receipt of approvals from the competent regulatory authorities regarding the Qualifying Transaction and to the subscription of a minimum amount of $1,000,000 pursuant to the terms of the private placement announced by press releases on September 13, 2004 and amended as on November 1, and December 16, 2004 (the"Private Placement").

The closing of the Qualifying Transaction and of the Private Placement took place on December 22, 2004. An amount of $1,501,050.05 has been subscribed and articles of amalgamation was filed with the Registraire des enterprises on December 23, 2004 in order to constitute the issuer resulting from the Qualifying Transaction, Amadeus International Inc.

On the other hand, Amadeus announces that it extends the closing of the Private Placement for a period of 30 days from the date of this press release.

Amadeus wishes to remind that the Private Placement aims a maximum of 5,454,545 units, for a maximum amount of $3,000,000, pursuant to which an amount of $1,501,050.05 has been so far subscribed. Also, investors subscribing for a number of units for a total subscription price of more than $500,000 will acquire the units for a price of $0.55 per unit, each unit being comprised of one common share of Amadeus and one half warrant, each whole warrant allowing its holder thereof to subscribe for one common share at a price of $0.65 per share within 24 months following the closing of the Private Placement. Besides, investors subscribing for a number of units for a total subscription price below $500,000, will acquire the units at a price of $0.55 per unit, each unit being comprised of one common share and one half warrant, each whole warrant allowing its holder thereof to subscribe to one common share of Amadeus at a price of $0.85 per share within 18 months following the closing date of the Private Placement.

About Amadeus International

Amadeus develops and markets Web-based and software solutions, including eQRP®’s and eQCM®’s integrated suites. With the help of an integrated management process, management and continuous improvement of an organization business performance is made easy. Compliance to various international and sector-based standards or different management frameworks, corporate knowledge management and retention, as well as training and skills management are simple tasks to conduct when using Amadeus Software Solutions.

With a corporate head office in Quebec, a European head office in Paris, and a satellite office in Kansas City, Missouri, Amadeus International's solutions are distributed in 10 countries and have over 30,000 users in North America, Europe and Africa.

Well-known for its customer-oriented vision, the following are among Amadeus' Customers: Hydro-Québec, Schering-Plough, Bell Canada, Smurfit-Stone, Serono, TotalFinaElf, L'Oréal, Domtar, Siemens, Pizza Hut, Komatsu, Kruger, Abitibi-Consolidated, Multi-Marques and the Government of Canada.

Information

Francis Létourneau, Marketing Coordinator
400 Jean-Lesage Boulevard, Suite 500
Quebec QC, G1K 8W1, Canada
Phone: (418) 525-0606, extension 231
Fax: (418) 525-0909