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Technology Stocks : TouchStone S/W (TSSW) -- Ignore unavailable to you. Want to Upgrade?


To: jonj who wrote (2196)8/20/1998 8:28:00 AM
From: Grupo Brad  Read Replies (1) | Respond to of 3627
 
(COMTEX) B: TouchStone Appoints New Chief Executive Officer; Kenneth B: TouchStone Appoints New Chief Executive Officer; Kenneth S. Forbes to Redirect Product Development and Expand Customer Base HUNTINGTON BEACH, CALIF. (Aug. 20) BUSINESS WIRE -Aug. 20, 1998-- TouchStone Software Corp. (Nasdaq:TSSW) Thursday announced the appointment of Kenneth S. Forbes III, as the company's new president and chief executive officer, effective immediately. As president and CEO, Forbes will focus on the development and marketing of new TouchStone products aimed at both retail and commercial customers while also helping the company achieve its goal of becoming a leading supplier of windows-based testing and certification tools. In addition, he will oversee all day-to-day operations of TouchStone. "With his extensive experience in developing and marketing software products to both retail and commercial markets, the board of directors believes Mr. Forbes will be able to execute, quickly and successfully, our recently announced new product strategy. He also has demonstrated a sense of urgency and attention to the bottom line, as well as an



To: jonj who wrote (2196)8/20/1998 8:30:00 AM
From: Grupo Brad  Respond to of 3627
 
ability to be an effective team leader, which will serve him well at TouchStone," said Larry Jordan, chairman of the board of directors. "TouchStone's new product strategy puts a stronger and more focused emphasis on the development of additional diagnostic tools for professional PC technicians, VARs and system builders," Jordan said. "TouchStone's greatest successes in the past have resulted from our ability to develop and market technology products that assist advanced PC users and professionals in the setup, installation and maintenance of their own and their customers' computers. "Mr. Forbes will take the lead in returning TouchStone to those roots, while as chairman of the board, I will be involved in strategic opportunities, such as merger and acquisition activity, as well as serving on the boards of other technology companies," Jordan added. Forbes said, "I am excited to be able to use my experience to redirect TouchStone's product development and marketing strategies. We will begin work immediately to expand TouchStone's core product line. "At the same time, we will aggressively start to build a broader base



To: jonj who wrote (2196)8/20/1998 8:32:00 AM
From: Grupo Brad  Respond to of 3627
 
of customers among the professional technicians, VARS and system builders who rely upon TouchStone products to help them diagnose and troubleshoot complex computer issues." Forbes also has launched three computer software companies. He served as president of Adaptiv Software Corp., developer of Windows-based employee-scheduling products and retains a position on Adaptiv's board of directors. He also founded MobileDigital Corp., a developer of middleware software providing protocol transition between wireless data networks. Also, Forbes was a principal founder of TransTech Services Inc., developer of advanced dispatch automation systems for the trucking industry. Most recently, Forbes served as vice president of worldwide engineering at NetManage, a $75 million software company. In this position, Forbes was responsible for software development, quality assurance and technical publications. Prior to NetManage, Forbes worked as the vice president of development for XP Systems, a banking software developer with $40 million in annual revenue.



To: jonj who wrote (2196)8/20/1998 8:33:00 AM
From: Grupo Brad  Respond to of 3627
 
He earned both a master of business administration and a bachelor of science degree in management science from the University of West Florida. He resides with his family in Laguna Niguel, Calif. TouchStone recently announced a three-year technology license agreement with Award Software International Inc. (Nasdaq:AWRD), under which Award will aid TouchStone in creating sophisticated versions of TouchStone's CheckIt products for the growing market of experienced PC users and technicians. Award is well known for leading-edge AwardBIOS(TM) and CardWare, a PC Card enhancement software for Windows NT. In addition, early in August 1998, TouchStone exited from the anti-virus market by transferring responsibility for its PC-cillin anti-virus product to Trend Micro. TouchStone and Trend Micro have co-developed the successful PC-cillin line of products since 1995. About TouchStone TouchStone Software is a leading developer of innovative software designed to help people use complex technologies. The company's products, which include CheckIt, CheckIt Professional Edition, CheckIt



To: jonj who wrote (2196)8/20/1998 8:35:00 AM
From: Grupo Brad  Respond to of 3627
 
NetOptimizer, PC-cillin Anti-Virus, FastMove! and e.Support, are distributed worldwide through the retail, VAR, distributor, direct and OEM sales channels. TouchStone's corporate headquarters are located at 2124 Main St., Huntington Beach, Calif. 92648. European headquarters are located at 2380 Perchtoldsdorf, Vienna, Austria, 011-43-1-869-09-35 (phone), 011-43-1-869-09-3518 (fax) or e-mail at TouchStone_europe@aon.at. Additional information about TouchStone Software is available at www.TouchStonesoftware.com. -0- KM/np* JP/np CONTACT: TouchStone Software Corp. Pam Swartwood, 714/969-7746, ext. 302 pswartwood@TouchStone-sc.com KEYWORD: CALIFORNIA FLORIDA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED MANAGEMENT CHANGES Today's News On The Net - Business Wire's full file on the Internet



To: jonj who wrote (2196)8/20/1998 8:36:00 AM
From: Grupo Brad  Respond to of 3627
 
with Hyperlinks to your home page. URL: businesswire.com *** end of story ***