PSDI Elects David Sample Chairman Of The Board Of Directors
PR Newswire - February 24, 1997 16:48
CAMBRIDGE, Mass., Feb. 24 /PRNewswire/ -- The board of directors of
Project Software & Development, Inc. (Nasdaq: PSDI), a leading provider of
maintenance management software, announced today they have elected David M.
Sample chairman of the board of directors effective immediately. Sample began
serving in his new role as chairman of the board, president and CEO today.
Dean Goodermote, former PSDI chairman of the board, remains a director.
Sample joined PSDI after 11 years with Hyperion Software Corp.
(Nasdaq: HYSW) of Stamford, Conn. where he most recently served as senior vice
president of international operations and North American sales. Sample helped
grow Hyperion to $173 million in fiscal 1996, achieving the number one ranking
worldwide from International Data Corp. in budgeting software revenue and
number three worldwide in client/server accounting software revenue.
"PSDI is well-positioned for continued leadership in the fast growing
maintenance management marketplace," said David Sample, chairman, president
and CEO of PSDI. "I look forward to leading the company's excellent
management team and employee base as we harness the innovative MAXIMO
technology to take advantage of the tremendous opportunity within this
market."
PSDI develops, markets and supports applications software used by
businesses, government agencies, and other organizations to assist them in
maintaining high-value capital assets such as plants, facilities and
production equipment. The Company's products are designed to enable customers
to reduce downtime, control maintenance expenses, cut spare parts inventories
and costs, improve purchasing efficiency, and more effectively deploy
productive assets, personnel and other resources.
Based in Cambridge, Mass., PSDI markets its products through a direct
sales force with sales offices throughout the United States, Canada,
Argentina, Australia, UK, France, Germany, Hong Kong, Thailand, Sweden and the
Netherlands, combined with a network of international sales agents.
SOURCE PSDI
CONTACT: Christine Simeone of Lois Paul & Partners, 617-238-5773 OR
simeone@lpp.com, or Paul Birch, EVP, Finance & Administration of PSDI,
617-503-3550 or paul_birch@psdi.com |
