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Monday March 29, 5:19 pm Eastern Time
Company Press Release
Geac Appoints New CEO
MARKHAM, ONTARIO--(BUSINESS WIRE)--March 29, 1999--Geac Computer Corpor(TSE:GAC. - news) Geac Computer Corporation Limited Monday announced the appointment of Mr. Douglas G. Bergeron as President, Chief Executive Officer and as a member of the Board of Directors of the corporation, effective April 26, 1999.
Geac, Canada's largest software company, is a worldwide provider of mission critical enterprise applications covering numerous industry sectors.
Most recently, Mr. Bergeron, a 38 year old Canadian, served as Group Chief Executive Officer of SunGard Brokerage Systems Group, a large and highly successful group of application software companies within SunGard Data Systems Inc (NYSE: SDS - news). The division employs over 1,000 professionals in nine countries across the world.
According to the Economist Magazine, SunGard is ranked amongst the 20 largest software companies in the world. Mr. Bergeron has been employed by SunGard since 1990 and has held several executive management positions at the firm. He has personally led SunGard through numerous complex acquisitions and has been a key contributor to the overall acquisition and growth strategy of the business. He is a computer science graduate of York University (1983) and the University of Southern California (1987).
''Mr. Bergeron has built an exceptionally strong group of application software companies'', said Mr. William Nelson, Chairman of Geac. ''His acquisition experience is world class and is a perfect fit for Geac. Furthermore, he has developed a rare and impressive track record of harnessing the entrepreneurial spirit, accelerating internally generated sales growth and improving results through effective cost management. This signals a new era of growth and performance for Geac''.
Mr. Bergeron added: ''Geac has an exceptional staff of over 3,000 professionals, serving 20,000 corporate clients worldwide. Coupled with our strong financial resources, we are positioned to grow this company for the benefit of all stakeholders in Geac, namely, our customers, our employees, and especially our shareholders''.
Founded in 1971, Geac is a provider of mission critical enterprise applications, supplying industry specific software to ten vertical markets as well as cross industry administrative applications comprised of financial, human resources and materials management software.
Headquartered in Markham, Canada, Geac has more than 90 offices in 16 countries and serves customers in more than 40 countries worldwide. Geac product and service information is available on the World Wide Web at geac.com, or through email at info@geac.com. Geac is a publicly traded company with its common shares listed on the Toronto Stock Exchange (Symbol - GAC).
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