DataMirror names Lai as VP, Asia Pacific; opens office DataMirror Corp DMC Shares issued 11,356,117 Jul 7 close $18.75 Mon 10 Jul 2000 News Release Mr. Nigel Stokes reports DataMirror has established a new field office in Hong Kong to serve as the base of operations for the company's expansion into the Asia Pacific region. Angelo Lai has been appointed as vice-president, Asia Pacific with responsibility for DataMirror's Asia Pacific operations. In this role , Mr. Lai will be instrumental in leading DataMirror into the diversified Asian and Pacific rim markets covering over 15 countries from Japan to Australia to India. Prior to joining DataMirror, Mr. Lai was a 16-year veteran of various IBM organizations worldwide with sales, marketing and technical expertise in many international projects. Originally from Hong Kong, Mr. Lai is multilingual and has previously engaged in business development activities across China and other Asia Pacific countries. "There has never been a better time for DataMirror to expand into Asia Pacific," said Nigel Stokes, chairman, president and chief executive officer of DataMirror. "We feel that all the indicators point towards a strong economic rebound in Asia Pacific markets as several regional business centres focus on building or expanding their e-business and Internet infrastructure. Already, a number of multinational companies in the region have adopted DataMirror's real-time data capture, transform and flow (CTF) technology for e-business, business intelligence and other distributed data applications." Maintaining the momentum of strong DataMirror growth in North America and Europe, this expansion is a natural step in DataMirror's evolution as the company broadens the global use of its technology for enterprise-wide data replication, replenishment and resiliency. With a combination of direct and indirect coverage, DataMirror will work to establish brand-name awareness of DataMirror software in five focus markets: China, Hong Kong, Singapore, Australia and Japan. "We are currently building our sales, consulting and product support infrastructure to address local market needs and better serve our customers in Asia Pacific," said Mr. Lai. "In terms of product development, we will continuously enhance our product offerings to address specific local market demands. We are committed to building a solid regional presence to deliver long-term value to customers, shareholders and alliances." |