Pacific Software, Inc. New Appointments
April 16 2013 - 1:28PM
Marketwired
Pacific Software, Inc. ("the Company") (OTCBB:PFSF) is pleased to
announce that it has appointed Mr. John G. Simmonds as Chairman
& CEO of Pacific Software, Inc. Mr. Simmonds was previously
appointed director of the Company in March.
Ms. Carrie J. Weiler and Mr. Henry J. Kloepper have been
appointed to the company's Board of Directors. Ms. Weiler will be
appointed Corporate Secretary.
Carrie J. Weiler has over twenty years experience in the public
company sector providing corporate secretarial services to several
public companies and is a member of the Canadian Society of
Corporate Secretaries.
Mr. Henry J. Kloepper has enjoyed a 30-year career in structured
finance and investment banking, holding executive positions at
Citibank Canada, JP Morgan, Security Pacific Bank (now Bank of
America) and North American Trust (now Laurentian Bank). He is a
director of publicly listed Mogul Energy International lnc. and is
the Chief Operating Officer of Via Bank Ltd.
Effective April 15, 2013, the Corporation accepted the
resignation of Mr. Bruce E. Thomsen as President, Secretary and
Director.
Forward-looking Statements
Note: This press release contains "forward-looking statements"
as defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on currently available
competitive, financial and economic data and management's views and
assumptions regarding future events. Such forward-looking
statements are inherently uncertain. Pacific Software, Inc. cannot
provide assurances that the matters described in this press release
will be successfully completed or that the company will realize the
anticipated benefits of any transaction. Actual results may differ
materially from those projected as a result of certain risks and
uncertainties, including but not limited to: global economic and
market conditions; the war on terrorism and the potential for war
or other hostilities in other parts of the world; the availability
of financing and lines of credit; successful integration of
acquired or merged businesses; changes in interest rates;
management's ability to forecast revenues and control expenses,
especially on a quarterly basis; unexpected decline in revenues
without a corresponding and timely slowdown in expense growth; the
company's ability to retain key management and employees; intense
competition and the company's ability to meet demand at competitive
prices and to continue to introduce new products and new versions
of existing products that keep pace with technological
developments, satisfy increasingly sophisticated customer
requirements and achieve market acceptance; relationships with
significant suppliers and customers; as well as other risks and
uncertainties, including but not limited to those detailed from
time to time in Pacific Software's SEC filings. Pacific Software,
Inc. undertakes no obligation to update information contained in
this release.
Contacts: Pacific Software, Inc: Mr. John G. Simmonds Chairman,
President and Chief Executive Officer Direct: +1 905-833-3072 Ext
223
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