To: Kevin Clarke who wrote (11327 ) 10/8/1999 9:33:00 AM From: Link Lady Read Replies (1) | Respond to of 150070
newsalert.com -INFOWAVE SOFTWARE: Infowave appoints high tech veteran as Chairman Jump to first matched term M2 PRESSWIRE-7 October 1999-INFOWAVE SOFTWARE: Infowave appoints high tech veteran as Chairman (C)1994-99 M2 COMMUNICATIONS LTD * Morgan Sturdy to provide strategic financial and business guidance Burnaby, British Columbia -- Infowave Software, Inc. (VSE: IWM) is pleased to announce that Morgan Sturdy has been appointed as Chairman of the board of directors of the company. Morgan Sturdy is a high-tech entrepreneur and executive with an impressive 15-year track record. Mr. Sturdy recently served as the Chairman of Hothaus Technologies Inc., a developer of DSP solutions for voice over IP, until it was acquired by Broadcom Corporation (NASDAQ: BRCM) in July of 1999 for $400 million. In 1985 Mr. Sturdy founded Dees Communications Engineering Ltd., a developer of computer telephony integration products for Northern Telecom networks. Dees was acquired by Nice Systems Limited (NASDAQ: NICE) in 1997 and Mr. Sturdy has served as Executive Vice-President and Chief Operating Officer for Nice Systems since that time. Mr. Sturdy has also been an active volunteer participant in the growth of the high-tech community in Canada. He has served as Chairman for the Board of Academy for Chief Executives in Technology Companies (ACETECH) and the Vancouver Enterprise Forum and has also served as a director of the National Wireless Canadian Research Foundation, the Technology Industry Association of British Columbia and the Electronics Manufacturers Association of British Columbia. "Morgan brings an incredible depth of high-tech expertise to Infowave and we will immediately draw on his strategic vision and leadership skills," said Jim McIntosh, Infowave's president and CEO. About Infowave Infowave was founded in 1984 and is headquartered in Vancouver, Canada. Infowave's Wireless Division builds mobile business solutions that use the power of wireless communications to extend the reach of enterprise computing. Infowave for Exchange and Infowave for the Net are advanced and secure wireless solutions for connecting mobile workers to key corporate information and applications. Infowave's Imaging Division builds award-winning printing solutions - PowerPrint and StyleScript software kits provide Apple Macintosh users with improved print quality and access to more than 1,600 printers. Note: Infowave, the Infowave logo, PowerPrint and StyleScript are trademarks of Infowave Software, Inc. All other trademarks are the property of their respective owners. Some of the above trademarks may be registered in certain jurisdictions. This news release contains certain forward-looking statements about Infowave's appointment of Morgan Sturdy as Chairman of the board that involve risks and uncertainties such as that Infowave does not have an employment agreement with Mr. Sturdy and that Mr. Sturdy could terminate his involvement with Infowave at anytime without penalty. Actual results could differ materially from the Company's expectations. Forward-looking statements are based on the expectations and opinions of Infowave's management on the date the statements are made, and Infowave assumes no obligation to update forward-looking statements should circumstances in management's expectations or opinions change. The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Todd Carter, CFO, Infowave Software, Inc. Tel: +1 800 463 6928 e-mail: cfo@infowave.com Steve Hanson, The Investor Relations Group Tel: +1 800 444 9214 e-mail: irg@invrel.com *M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES.* BROADCOM CORP 'A' - BRCM Price 124 1/16 Net Change +1/16 Volume (000) 1389 Day High 127 Day Low 121 1/8 NICE-SYSTEMS ADR - NICE Price 26 1/8 Net Change 0 Volume (000) 48 Day High 26 1/8 Day Low 26 as of 10/08/99 09:29 AM EDT