LARGO, Md., Dec. 14 /PRNewswire/ -- Socrates Technologies Corporation
(Nasdaq: SOCT), a Washington, D.C. area broad based information technology and
software development company, announced the appointment of three new directors
as part of the Company's ongoing strategic plan to reorganize and expand
management capabilities. The new directors are:
JEAN H. SISCO: After receiving an M.B.A. from the University of Chicago
and a distinguished executive career in international trade and human
resources in the retail industry, Ms. Sisco is a principal of Sisco
Associates, a Washington, D.C. international management consulting firm that
she founded in 1979. Ms. Sisco is currently a corporate director of Textron
(Parent Corporation of Cessna Aircraft and Bell Helicopter), Newmont Mining
Corporation, Chiquita Brands International, The Neiman Marcus Group, American
Funds Tax Exempt Series I, and K-Tron International, Inc. She has been
appointed by three U.S. Presidents to serve on Presidential Advisory
Committees on Vocational Training and International Trade. Ms. Sisco is also
the Chairman of the Center for Board Leadership, a director of the National
Association of Corporate Directors, a trustee of the Corina Higginson Trust,
the Treasurer of Reading Is Fundamental, a member of the International Women's
Forum and Chairman of the International Women's Forum's Leadership Foundation.
Active throughout her life in government, business and civic affairs, Ms.
Sisco was the first woman director of the Washington, D.C.'s Metropolitan
Washington Board of Trade and was President of the Washington Performing Arts
Society and the Washington Ballet. Ms. Sisco was inducted into the Washington
D.C. Business Hall of Fame in 1994, received the "Breaking the Glass Ceiling"
award in 1995, and received a Distinguished Alumni Award from the University
of Chicago Graduate School of Business in 1997.
JAMES H. MILLER: Mr. Miller currently serves as Chairman, President and
Chief Executive Officer of Meridian Medical Technologies, Inc., a public
company (Nasdaq: MTEC) that is an international leader in providing technology
solutions for medicine in early intervention home healthcare and emergency
medical technologies, especially the development of auto-injector drug
delivery systems and emerging products in the cardiopulmonary care market.
Mr. Miller was a senior executive with Beecham Laboratories, Frank J.
Corbet, Inc. and Abbott Laboratories. He has also served as Vice President
for the National Security Industrial Association, as a member of the Executive
Committee of the Defense Policy Advisory Committee on Trade (an organization
of CEOs from various defense contractors who advise the Secretary of Defense
and the Ambassador for Trade on major global issues), and as Vice President
and Trustee for the National Security Industrial Association.
Mr. Miller is a two-time winner of the Ernst & Young Entrepreneur of the
Year Award in Life Sciences Health Care in 1998 for successfully leading
Meridian Medical Technologies, Inc. to international prominence in global
medical device and drug delivery systems. He serves as a Board Member of the
University of Maryland Baltimore Campus Research Park, a member of the
Montgomery County (Maryland) High Technology Council and a member of the
Parental Drug Assoc. Mr. Miller received a degree in marketing from Indiana
University.
GEORGE COWAN: Dr. Cowan was appointed to the Board shortly after being
appointed as Executive Vice President of the Company for corporate development
and investment relations. He is an experienced technology executive and
business development professional with a proven track record in assisting
public and private computer technology and software companies realize their
business and financial potentials. Over the past 22 years, Dr. Cowan has
served in various capacities as Chairman, CEO, President, Chief Operating
Officer, Operations Director and Project Managerfor start up companies such
as Verdix Corporation (which he took public in 1983) and MicroNEX, Inc. as
well as industry leaders such as Burroughs Corporation and Computer Sciences
Corporation. Immediately prior to joining the company, Dr. Cowan was a
marketing, sales and technology consultant performing "Routes to Market"
workshops for IBM Corporation in Latin America.
Verdix Corporation, co-founded by Dr. Cowan who also served as its
Chairman and CEO, developed commercially available compilers for the Ada
programming language to address Life Cycle cost problems associated with
software development throughout the DOD. Rational Software Corporation
acquired Verdix Corporation in 1994. Dr. Cowan received his formal education
from the University of Wisconsin at Madison, Wisconsin. He received his BA,
MS and PhD all in the field of Computer Science and was awarded his doctorate
in 1975.
The Company's Chief Executive Officer, Abbas Fathi, stated: "The Company
is honored to have Jean Sisco, James Miller and George Cowan, three
exceptional individuals and business people, join our ongoing efforts to build
a more successful and dynamic information technology and software development
company. They will each play a key role in helping management with strategic
decision making, building a new and dynamic board and management team and
establishing the infrastructure to support and foster the Company's growth.
The slate of director nominees to stand for election at the 1999 Annual
Stockholders Meeting should be announced shortly."
Certain statements in this press release may constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995, as amended.
For additional information on Socrates Technologies Corporation, please
contact the Company at its principal executive offices at 9301 Peppercorn
Place, Largo MD 20774; telephone: 301-925-2200; facsimile: 301-925-4150; and
Web site: www.socratespc.com.
SOURCE Socrates Technologies Corporation
-0- 12/14/98
/CONTACT: George Cowan of Socrates Technologies Corporation,
301-618-0215/
/Web site: socratespc.com
(SOCT)
CO: Socrates Technologies Corporation
ST: Maryland
IN: CPR
SU: PER
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