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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Magnatizer who wrote (2051)6/19/1998 10:07:00 AM
From: Magnatizer  Read Replies (1) of 13094
 
DOCSF news

PC DOCS announcement/appointment
Reuters Story - June 19, 1998 10:04
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Jump to first matched term(Full text of press release from Canadian Corporate News)
JUNE 19, 1998
PC DOCS Group International Appoints Gary Rogers President
of CMS/Data Corporation
TORONTO, ONTARIO--PC DOCS Group International Inc. today
announced the appointment of Gary J. Rogers to the position of
President of its subsidiary, CMS/Data Corporation, the global
leader in time and billing solutions for professionals. Rogers
will report directly to Rubin Osten, Chairman & CEO of PC DOCS
Group International.
"This is a very exciting appointment for us," said Rubin
Osten. "Gary has most recently held the position of Vice
President of Sales and Marketing, as well as being an important
member of the executive management team. In this position he
has shown exceptional leadership and management strength,
building a successful professional sales organization that has
been a major factor in CMS/Data's recent rapid growth. Gary
has achieved extraordinary results throughout his career in the
complex market of financial & professional services solutions.
I know that Gary, with his proven record of senior management
and innovation, as well as his knowledge of the industry, will
lead CMS/Data to new levels of growth in the years ahead."
Douglas Horton, who Rogers succeeds as President,
commented, "We have been very fortunate to have someone of
Gary's caliber as part of our senior management team. He has
established a highly motivated and results-oriented sales
organization, and spearheaded our expansion into new
high-growth markets. Gary is an energetic, assertive and
accomplished leader, with a clear vision to build on and
sustain the success of CMS/Data. I'm confident that I am
leaving the company in very capable hands." Horton will be
leaving to become chief executive officer of Docuwork Inc., a
privately owned start-up company in the technology sector,
which already has established relationships with PC DOCS
Group.
Prior to joining CMS/Data, Rogers was Vice President of
Sales for SQL Financials of Atlanta, Georgia. Under his
leadership, revenue growth exceeded 100% year to year and he
rapidly established the company as a leader in the financial
services marketplace. Before that, Rogers was regional manager
for The ASK Group/Ingres, of Mountain View, California, a
leader in the relational database management and application
development tools industry. His background also includes ten
years at Automatic Data Processing where he held a variety of
senior sales and marketing positions.
Rogers stated, "CMS/Open is the most technologically
advanced product, with world-class functionality for the
time-based financial information management marketplace. Recent
enhancements, including Internet reporting, executive inquiries
and multi-language capability, position us for leadership as a
global enterprise solution for the largest professional
services firms worldwide. We are the dominant force in our
industry and I look forward to building on the momentum and
enthusiasm of our company as we continue to grow in the years
ahead."
About CMS/Data
CMS/Data Corporation (http://www.cmsopen.com) has more than
18 years experience in developing and marketing time-based
financial and information management systems to the
professional services market. The company's leading product,
CMS OPEN is an internet enabled, Windows-based, client/server,
financial and information management system for law firms and
other professional services companies.
About PC DOCS Group
PC DOCS Group International Inc. (NASDAQ - DOCSF, TSE -
DXX) and its subsidiaries, PC DOCS, Inc., Fulcrum Technologies
Inc., CMS/Data Corporation and CompInfo, Inc., develop, market
and support object-oriented client/server and Internet document
management systems, knowledge management systems and
information management systems for professionals. The Company's
customers include Fortune 1000 companies, financial
institutions, healthcare providers, manufacturing, consumer
products, communications and pharmaceutical companies,
utilities, government agencies, the legal industry, and
accounting and other professions in North America, Latin
America, Europe, Australia and the Far East.
Forward looking statements
Certain of the above statements are forward-looking
statements which involve risks and uncertainties. Actual
results could differ materially as a consequence of a number of
factors, including: fluctuations in the Company's operating
results due to product demand, length of the sales cycle, size
and timing of individual customer transactions and similar
matters; changes in the client/server application software
market, including technology change, changes in customer
requirements, frequent new product introductions by competitors
and emerging standards; dependence of the Company on the
services market; reliance by the Company on its third-party
resellers; dependence of the Company on its key management;
uncertainties relating to acquisitions, including operational
disruptions, unexpected operating expenses and losses, and
expenses associated with the integration of such acquisitions;
and other factors set forth in the Company's Securities and
Exchange Commission and Ontario Securities Commission reports
and filings.

FOR FURTHER INFORMATION PLEASE CONTACT:

Industry analysts and Trade Press may contact:
Michael O'Connor Clarke, Vice President, Corporate Marketing
PC DOCS Group International Inc.
(416) 497-7700 ext.1121
michaelopcdocs.com
or
Paige Vesuvio, Director of Marketing
CMS/Data Corporation
(850) 224-2200
paigevcmsopen.com
or
Investors and Business Press may contact:
Kristine Sonnenberg, Director, Investor Relations
PC DOCS Group International Inc.
(416) 497-7700 ext.1105
investorpcdocs.com

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