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Technology Stocks : CrossKeys Systems Corp [CKEY and CKY/TSE] -- Ignore unavailable to you. Want to Upgrade?

To: uel_Dave who wrote (562)	11/4/1999 1:07:00 AM
From: Glenn McDougall	Read Replies (1) \| Respond to of 792

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: CrossKeys Systems Corporation TSE SYMBOL: CKY NASDAQ SYMBOL: CKEY November 3, 1999 Prominent US Telecom Executive Greg Jacobsen Joins CrossKeys Board: CrossKeys takes steps to diversify and complement its Board of Directors KANATA, ONTARIO--CrossKeys Systems Corporation (Nasdaq: CKEY; TSE: CKY) today announced that prominent U.S. telecommunications executive, Greg Jacobsen, has been named to CrossKeys Board of Directors. Mr. Jacobsen has 20 years direct experience with the U.S. and global telecommunications industry, specifically with systems integration companies such as EDS and MCI Systemhouse. "With the support of our Chairman, CrossKeys identified the necessity of diversifying our Board to better reflect a growth strategy that depends on multiple channel relationships across the telecommunications industry," says Ian McLaren, President and CEO, CrossKeys. "Mr. Jacobsen brings the insight and relationships that result from two decades of doing business with the world's major telecommunications service providers. He reinforces the systems integrator perspective in our strategic planning. Mr. Jacobsen is a recognized name in the industry and will be a real asset as we move forward." Mr. Jacobsen has global experience in consulting, marketing, sales and operations with telecommunications. He successfully built a major telecommunications consulting firm that was acquired by EDS in 1987. He went on to executive positions with EDS and later the systems integration firms SHL Systemhouse and then MCI Systemhouse. He is currently President and CEO of RedShift Interactive, which he founded in 1998 to focus on eBusiness network solutions. Mr. Jacobsen holds a Masters in Telecommunications from the University of Colorado at Boulder, and he resides in the state. "From my perspective, CrossKeys capabilities meet the urgent needs of service providers -- the means to run complex networks and both keep and win customers," Mr. Jacobsen says. "The battle for customers in the U.S. is intense. Service providers are now recognizing that CrossKeys has the important tools they need to compete. I look forward to working with Ian as CrossKeys diversifies its channels and brings its products to this exciting market." CrossKeys Board of Directors currently stands at 11 members. As indicated at its Annual General Meeting in September, CrossKeys plans additional changes to its Board during this fiscal year. CrossKeys Systems Corporation (www.crosskeys.com) develops software that enables service providers to manage the equipment and traffic on their telecom networks. It was a pioneer in creating software to manage the first service level agreements (SLAs) in the industry. With CrossKeys software, over 180 service providers worldwide operate more efficiently and provide better service to their end-customers. Through its relationships with these customers, leading systems integrators, equipment manufacturers and other vendors, CrossKeys continues to stay ahead of one of the fastest growing and challenging software markets. CrossKeys has been ISO 9001 certified since 1995. CrossKeys Systems Corporation is a public company whose common shares are listed for trading on Nasdaq (CKEY) in the United States and on The Toronto Stock Exchange (CKY) in Canada. CrossKeys and logo are registered trademarks of CrossKeys Systems Corporation. All other trademarks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation. Greg M. Jacobsen: Summary Biography Greg M. Jacobsen is a senior executive with 21 years of diverse experience in telecommunications and information technology. After graduate school, Mr. Jacobsen founded and ran what became a leading telecommunications consulting firm (ranked in the top 10 by AT&T). This firm developed global networking strategies for government, industry and higher education. After selling that firm to EDS, Mr. Jacobsen accepted an executive position with EDS. His successes included marketing EDS's core services to global telecommunications companies including AT&T, MCI and British Telecommunications. Jacobsen joined SHL Systemhouse in 1992 with the specific task of making the company more of a global player by developing an outsourcing practice and leveraging a telecommunications alliance. Subsequently, Systemhouse pioneered the ability to remotely manage client/server computing and desktops from control centers in the US, Canada and the UK. MCI, a world leader in client/server transformation and outsourcing, acquired SHL Systemhouse in 1995. Mr. Jacobsen was instrumental in attracting MCI's attention and throughout the subsequent acquisition and integration efforts. In addition to operating several business units, he was involved in integration activities with Systemhouse and MCI. Currently, Mr. Jacobsen is the President and CEO of RedShift Interactive, which addresses the market for single source providers of a full range of enterprise eBusiness solutions. Mr. Jacobsen, a graduate of the University of Colorado at Boulder with a Masters in Telecommunications, lives in the state with his wife and two children. - 30 - FOR FURTHER INFORMATION PLEASE CONTACT : CrossKeys Systems Corporation John Blackmore Corporate Communications (613) 599-2300 ext. 8936 E-mail: jblackmore@crosskeys.com Web Site: www.crosskeys.com INDUSTRY: CMT ***OT*** David; What can I say other that you made one heck of a call on JDSU and QCOM. People only dream of days like this and you are living it, good for you. Regards Your friend, Glenn