Very good !
-21% Q/Q growth
-increasing margins
-new sales channels
-new products in the pipeline
and now, new board members:
Thursday July 6, 4:19 pm Eastern Time
Company Press Release
CrossKeys Diversifies Board with New Appointments:
New Members Bring Substantial Experience With
Telecommunications Service Providers and Systems
Integration
KANATA, Ontario--(BUSINESS WIRE)--July 6, 2000--CrossKeys Systems Corporation (Nasdaq:CKEY -
news; TSE:CKY. - news) announces today the appointment of two seasoned telecommunications executives
-- Patrick N. Smith, and Peter Gordon Jollymore -- to its Board of Directors.
Both men bring considerable engineering and marketing experience in the telecommunications industry.
``These appointments reflect CrossKeys commitment to diversifying the Board, and pursuing new market
opportunities,'' says Ian McLaren, President and CEO, CrossKeys. ``Mr. Smith brings keen insight into the
systems integration business through his senior positions with one of the world's major service providers --
Sprint. Mr. Jollymore has extensive management experience and understands the customer need for service
assurance from the service provider's perspective. The addition of these well-respected telecom executives
reflects the transformation of the Board to one that's more balanced in terms of channels and customers, and
better positioned to direct CrossKeys strategy.''
Mr. Smith has 30 years of experience in the systems integration business. His current position is Vice President,
Systems Integration and Technology Planning for Sprint. In this capacity, Mr. Smith's responsibilities include
assessing the technology opportunities in the systems integration marketplace, and the interoperability of
systems throughout Sprint divisions.
Mr. Smith lives in Kansas City, Missouri.
Mr. Jollymore, an electrical engineer, has over 30 years of experience with telecom service providers. He has
held various senior executive positions with New Brunswick Telephone Company (NBTel) and Stentor. With
Stentor, Mr. Jollymore was President of Stentor Canadian Network Management (SCNM). He has direct
experience planning and managing the growth and change of telecom networks to digital and optical
infrastructure. Mr. Jollymore has also led the marketing efforts for service offerings to corporate customers
based on these networks.
Concurrent with these appointments, John Selwyn, James F. Elder, Roger J. Maggs and Dr. Hiroyuki Mizuno
are retiring from the Board. As a result of these changes the Board will be reduced from 11 members to nine
members. The current Board members are Terence H. Matthews, Joe Culp, Ian McLaren, James C. Avis, Peter
Charbonneau, Greg Jacobsen, Dr. Gordon I. Jenkins, Patrick N. Smith and Peter Gordon Jollymore.
About CrossKeys Systems Corporation
CrossKeys Systems Corporation (www.crosskeys.com) develops software that makes the Internet work for
business. The world's largest and fastest growing service providers manage the equipment, traffic, and service
on their telecom networks with CrossKeys.
CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ
(CKEY) in the United States and on The Toronto Stock Exchange (CKY) in Canada.
CrossKeys, its logo and Resolve are registered trademarks of CrossKeys Systems Corporation. All other
trademarks are the property of their respective holders and are acknowledged by CrossKeys Systems
Corporation. |
