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Gold/Mining/Energy : PKS-PeakSoft Multinet Corp. (was PeakSoft Corp.)

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To: Kenneth E. De Paul who wrote (1063)1/15/1998 10:44:00 AM
From: Steve  Read Replies (2) of 1470
 
Peak NEWS OUT

PeakSoft Appoints New Chief Operations Officer and Corporate Counsel

Bellingham, WA. January 15, 1998 - PeakSoft Corporation (PKT.ASE), a leader in the development of award-winning Internet productivity and communication software, today announced two executive appointments. Timothy Metz has become Chief Operations Officer, bringing 30 years of experience in operations, business development and financing for manufacturing and high technology companies. In addition to managing high growth companies Metz has prepared and completed a successful registration of common stock with a previously listed NASDAQ company.

Calvin Patterson has been appointed to the position of Corporate Counsel for PeakSoft. Mr. Patterson has over 17 years of corporate legal experience, running his own successful practice. Mr. Patterson will manage all corporate agreements in the areas of distribution, licensing and strategic partnering. In addition, Mr. Patterson will focus on intellectual property, patents and reporting requirements for the corporation.

"These new additions to the management team reflect our strategy of attracting experienced individuals who are focused on specific management areas and on building profitable operations to maximize shareholder value," stated Doug Foster, PeakSoft President and C.E.O. "Both Mr. Metz and Mr. Patterson will enable current management to de dedicate more resources to corporate product sales, marketing, and partnership opportunities."

PeakSoft Corporation, headquartered in Bellingham, WA. is publicly traded on the Alberta Stock Exchange (PKT). For investor information call 888-377-7325 visit the PeakSoft Web site at peak.com or send e-mail to invest@peak.com
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