OTTAWA, Canada, April 9 /PRNewswire/ - Fulcrum Technologies Inc. (NASDAQ:
FULCF; TSE: FUL) today announced that it has appointed Andrew Wolff as its new
vice president of finance and chief financial officer, to replace Peter Reid
whose planned retirement was announced December 20, 1996. Reid will continue
to serve as a director of the company.
Wolff was previously senior vice president and chief financial officer
with MD Realty Fund, one of Canada's pre-eminent real estate mutual funds,
recently merged with the Canadian Real Estate Investment Trust. Prior to
working with MD Realty, Wolff held progressively senior management positions
with Gandalf Technologies Inc. His appointment to CFO of Fulcrum(R) takes
effect April 14, 1997.
``We are pleased to welcome Andrew as a strong new addition to our
management team,'' said Mike Laginski, Fulcrum's president and chief operating
officer. ``He brings a breadth of experience from senior operational and
financial positions across industries, along with a solid background in the
high technology sector.''
``Fulcrum represents an exciting opportunity for me to draw on my past
experiences in the high technology sector and with the investment
communities,'' said Wolff. ``Fulcrum is a leading player in Canada's high
technology community, and a world leader in the market for knowledge
management and information-retrieval software. Following the company's
recently announced move into delivering products for enterprise knowledge
management, I am excited to be able to contribute to the company at an
important stage in its evolution.''
ABOUT FULCRUM
For 14 years, Fulcrum Technologies Inc. has led the way in building
innovative and effective knowledge management solutions for some of the
world's most important companies. Fulcrum counts major corporations and
industry leaders like Fujitsu, Microsoft, Nabisco, and Novell among its
customers. Headquartered in Ottawa, Canada, Fulcrum extends its global reach
with offices throughout the United States, Europe, and in Australia and Japan,
and through a network of partners worldwide. Fulcrum is publicly traded on
the Nasdaq National Market (``FULCF'') and on the Toronto Stock Exchange
(``FUL''). For more information on Fulcrum and Fulcrum products, visit
Fulcrum's Web site: http://www.fulcrum.com.
Fulcrum is a registered trademark of Fulcrum Technologies Inc. Other
trademarks used throughout this document are trademarks of their respective
owners.
SOURCE: Fulcrum Technologies Inc.
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CONTACT: Gillian Brouse, Fulcrum, (613) 238-1761, ext.251, e-mail: pr(at)fulcrum.com
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