Preo Software Inc.: News Release
November 21 2011 - 7:27PM
Marketwired
PREO SOFTWARE INC. (the "Corporation") (TSX VENTURE:PKM) announces
that Mr. Ted Redmond has resigned from the board of directors. "Mr.
Redmond was one of the original directors of the Corporation and on
behalf of the rest of the board of directors, I would like to thank
Ted for his contributions and dedication, and wish him all the best
in his future business ventures", commented Gary McCone, President
of the Corporation.
The Corporation also announces that David Cameron has been
appointed as an interim director. Mr. Cameron has over 14 years of
senior experience with technology companies such as Texas
Instruments (Production Engineering), IBM Global Services
(Consultant) and Dell (Production Development, Engineering,
Strategist). From 2009 to March, 2011, Mr. Cameron was the founder
and Chief Operating Officer for Photizo Group, a business
development company. Since April, 2011, Mr. Cameron has been
operating Cameron Consulting Group, a market research and
consulting company in the print management space.
The Corporation has granted Mr. Cameron options to purchase
30,000 shares at an exercise price of $0.10. The options are
subject to the terms of the Corporation's Stock Option Plan and
approval of the TSX Venture Exchange.
About Preo(TM) Software
Preo Software Inc. is the market leader in providing Print
Knowledge Management Systems (PKMS) to enterprises, select OEMs,
and Managed Print Services providers around the world.
Printelligence(TM), the company's award winning flagship SaaS
(Software as a Service) offering, empowers users to optimize their
print assets and reduce print volumes, while yielding significant
cost savings and reducing the environmental footprint.
Preo Software is a seven-year-old technology company maintaining
offices in both Canada and in the United States. For more
information, visit www.preosoftware.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the
securities in any state of the United States or any other
jurisdiction outside of Canada in which such offer, solicitation or
sale would be unlawful. The securities have not been registered
under the U.S. Securities Act of 1933, as amended, or any state
securities laws and may not be offered or sold in the United States
absent registration or an applicable exemption from the
registration requirements of the U.S. Securities Act of 1933 and
applicable state securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Preo Software Inc. Karim Teja (403) 265-0556 x3259
(403) 210-8299karim.teja@preosoftware.comwww.preosoftware.com
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