Here's today's press release:
Subj: Scangraphics appoints Colin B. Matthews president of Sedona GeoServices Inc
Date: 97-04-02 09:21:45 EST
From: AOLNewsProfiles@aol.net
BROOMALL, Pa.--(BUSINESS WIRE)--April 2, 1997--Scangraphics Inc.
(NASDAQ: SCNG), announced the appointment of Colin B. Matthews to
the position of president of Sedona GeoServices, Inc., a subsidiary
of the company.
Colin Matthews has most recently been president, COO and a
director of Denbridge Capital Corp., Canada, a TSE-listed
venture capital/merchant bank to high technology and junior resource
companies.
Concurrently, he was chief executive officer of Denbridge Digital
Group, a consolidation of several Denbridge international technology
companies into a single operational entity which focused on Vessel
Traffic Management, Air Traffic Control, Highway Traffic Management
business sectors.
Matthews first became a part of the Denbridge organization in
1994, when a company which he co-founded in 1992, RMSL Traffic
Systems Ltd., was acquired by Denbridge Capital in a $50 million
transaction.
Matthews was vice president and general manager of US
Operations for Cornix Systems Inc. from 1991 to 1992. He was with
Cubic Corp., a $500 million AMEX traded company, from 1982 to
1991, where he was vice president of marketing from 1988 to 1991.
Andrew E. Trolio, chairman and CEO of Scangraphics, stated that,
"Colin Matthews is the kind of strong leader that will assure the
success of Scangraphics and Sedona GeoServices as we move forward
with our mission to become the premiere provider of geospatial
software and services in the growing Geographic Information Systems
industry. I am very pleased that Colin has joined our company as
president of Sedona GeoServices."
Laurence L. Osterwise, COO of Scangraphics, said, "Colin has a
track record of success in marketing, sales and operations. His
exceptional leadership and motivational skills will be a major asset
as Colin and our team of professionals enable Sedona GeoServices to
achieve its full potential."
Matthews stated, "I am very excited by this opportunity,
and delighted to be joining the team of fine people at Sedona
GeoServices. Market potential for both existing products and those
in final development is impressive and I am confident that the solid
foundation already laid at the company will serve it well as these
markets are more fully exploited in the months ahead."
Scangraphics is a provider of Geographic Information Systems
(GIS) database management software products and is a pioneer and
leader in scanning and image processing technology, large document
scanners, backfile conversion services, and imaging software and
systems. Its products are marketed internationally through systems
integrators and distributors.
Scangraphics is a publicly held corporation, with shares traded
on NASDAQ (SCNG). Scangraphics Internet Home Page is:
scangraphics.com Sedona GeoServices Internet Home Page is:
sedonageo.com
-0-
Sedona is a trademark of Scangraphics Inc.
Scangraphics is a registered trademark of Scangraphics Inc.
--30--EB/ny* MB/ph
CONTACT:
Scangraphics Inc.
Financial and Company Information: Donna McMenamin
VOICE: 610/328-1040, Ext 216
FAX: 610/543-6257
E-MAIL: donnam@scangraphics.com
or
Sedona GeoServices Inc.
Product Information: Dean Deitrich
VOICE: 610/495-6701, Ext. 103
FAX: 610/495-6735
E-MAIL:deand@sedonageo.com |
