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Gold/Mining/Energy : Conac Software Corp COT.V (was Exor Data)

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To: Bob who wrote (460)	9/17/1999 9:22:00 PM
From: Bob	Read Replies (1) of 527

Conac management restructuring; $350,000 financing closes Conac Software Corp COT Shares issued 16,052,668 Sep 15 close $0.15 Fri 17 Sept 99 News Release Ms. Jacqueline Michael reports Conac Software Corporation (VSE:COT) announced today as part of its management restructuring that Kulwant Sandher the chief financial officer has resigned. His duties will be assumed by Andrea Chwaklinski an in house CGA and Morgan and Company Conac's auditors. Conac Software Corp. would like to take this opportunity to thank Kulwant Sandher for his significant contribution to the success of Conac over the past year and a half. Since 1989, Conac Software Corporation has, been a specialist in software solutions for project management in the multibillion dollar global construction industry. Peer companies include Timberline Software Corporation (Nasdaq:TMBS) For more information on the company, or our complete suite of integrated products, visit our Web site at: www.conac.com or contact: Gordon Case Allan Thompson Corporate Corporate Communications Communications 888-887-0168 888-753-2266 or or (604) 642-642-6266 (604) 642-6266 gcase@maxmerc.com thompson@maxmerc.com The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy of this new release. Ms. Michael also reports Conac Software Corporation has closed its private placement. Originally scheduled to be two million units at 25 cents with a full warrant the company has resized and repriced the placement to 1.75 million units at 20 cents with a full warrant to raise $350,000. Since 1989, Conac Software Corporation has been a specialist in software solutions for project management in the multibillion dollar global construction industry. Peer companies include Timberline Software Corporation. For more information on the company, or its complete suite of integrated products, visit its Web site at www.conac.com. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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