Ross Systems Announces Changes to the Board And Executive Management
ATLANTA, May 3 /PRNewswire/ -- Ross Systems, Inc. (Nasdaq: ROSSD), a leading world class provider of enterprise management software and e-business solutions for mid-market process manufacturers, today announced that James P. Tinley, in addition to his current responsibilities as Chief Executive Officer, has been elected Chairman of the Board.
"Tinley has made an immediate impact on Ross since taking on the CEO role last July," said William Goodhew, Ross Board member. "He has been decisive in leading the company's transition to an e-business solution provider and returning the company to profitability. Tinley is committed to improving shareholder value and ensuring the success of our 3,000 plus customers."
"I am pleased that the Board of Directors has selected me for the additional responsibilities of Chairman. I am optimistic about the future of the company and look forward to continuing to work with the Board and Ross' talented workforce," said Tinley.
Other recent executive changes include the promotions of Rod Jones to President, Verome Johnston to Chief Financial Officer, and Bob Webster to Executive Vice President. "These appointments were an integral part of our strategy to capitalize on the tremendous opportunities inherent in our iRenaissance product and the process manufacturing market," said Tinley.
Ross Systems Inc. is a leading supplier of enterprise resource planning (ERP) and management software and e-business solutions for process manufacturing industries including food, beverage, chemical, pharmaceutical, paper and metals. The Ross Systems family of solutions includes the award- winning iRenaissance, a broad range of Internet-enabled enterprise resource planning and management applications for financials, manufacturing, advanced planning, supply-chain management, maintenance management, transportation management, and materials management. Ross Systems' e-business product family includes digital marketplace applications spanning procurement, sales, and Internet trading exchange connectivity, collaboration and employee productivity. More than 3,200 companies around the world use Ross Systems solutions in open systems environments including NT and UNIX. Ross Systems has more than 60 offices around the world to serve its customers. Ross Systems Inc., Two Concourse Parkway, Suite 800, Atlanta, Ga. 30328, 770-351-9600, 1-877-ROSS-INC rossinc.com .
STATEMENTS IN THIS ANNOUNCEMENT WHICH EXPRESS THAT THE COMPANY "BELIEVES," "ANTICIPATES," "EXPECTS," "PLANS TO..." OR "SHOULD BEGIN TO... " AS WELL AS OTHER STATEMENTS WHICH ARE NOT HISTORICAL FACT, ARE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY AS A RESULT OF RISKS AND UNCERTAINTIES, INCLUDING THE RISK OF DELISTING IF OUR NASDAQ APPEAL IS UNSUCCESSFUL, QUARTERLY FLUCTUATION OF SOFTWARE PRODUCT LICENSE REVENUE, WEAKENING OF CUSTOMER DEMAND FOR ENTERPRISE SYSTEMS, THE COMPANY'S MAINTENANCE OF A MINIMAL BACKLOG, THE UNCERTAINTY OF DEMAND FOR NEW PRODUCT OFFERINGS AND OTHER RISKS AND UNCERTAINTIES DESCRIBED IN REPORTS FILED BY THE COMPANY WITH THE SEC, INCLUDING THE ANNUAL REPORT ON FORM 10-K FILED FOR THE YEAR ENDED JUNE 30, 2000 AND THE QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED SEPTEMBER 30 AND DECEMBER 31, 2000.
Renaissance and GEMBASE are registered trademarks of Ross Systems, Inc. Throughout this release, software and hardware products are mentioned by name. In most, if not all, cases, these product names are claimed as trademarks by the companies that manufacture the products. It is not our intention to claim these names or trademarks as our own.
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SOURCE Ross Systems, Inc.
CO: Ross Systems, Inc.
ST: Georgia
IN: CPR MLM STW
SU: PER
05/03/2001 10:05 EDT prnewswire.com |
