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Gold/Mining/Energy : Conac Software Corp COT.V (was Exor Data)
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To: Bob who wrote (408)10/26/1998 1:25:00 PM
From: Bob  Read Replies (2) of 527
 
U.S. market entered with office in Redmond, Wash.

Conac Software Corp COT
Shares issued 8,205,234 Oct 23 close $0.58
Mon 26 Oct 98 News Release
Ms. Jacqueline Michael reports
Conac Software has expanded its operations into the United States with a
new sales and marketing office in Redmond, Wash.
Conac opened the Redmond office following several months of research in a
U.S. test market. The company's research revealed a definite need for
Conac's unique suite of financial and project management software products.
The acceptance of Conac's estimating and job cost accounting software in
the test market was well beyond expectations. Professional contractors
demonstrated a real need for innovative solutions, and Conac's products
were widely viewed as a cost efficient alternative. The company's research
strongly supported its expansion into the United States.
The company has hired Robert Nyman as director of sales and marketing for
the new U.S. operations. Mr. Nyman was recruited from the U.S. firm,
WinEstimator, one of Conac's main competitors, and has more than 15 years
of experience in business development for the high-tech industry. Mr.
Nyman's proven skills in strategic and national account management,
building customer loyalty and international business will be definite
assets.
Mr. Nyman has already hired a number of qualified sales people with direct
industry experience and is currently recruiting additional sales personnel
to complement the existing Conac team.
Operating under the name Conac Software USA Inc., the Redmond office will
focus on taking maximum advantage of the growing U.S. market for its unique
suite of products.
Conac will be launching its U.S. product line at the AEC fall Computers for
Contractors trade show in Baltimore. The AEC trade show attracts thousands
of visitors from across the United States every year and participants
include the leading software providers for the industry.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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