To: Bob who wrote (408 ) 10/26/1998 1:25:00 PM From: Bob Read Replies (2) | Respond to of 527
U.S. market entered with office in Redmond, Wash. Conac Software Corp COT Shares issued 8,205,234 Oct 23 close $0.58 Mon 26 Oct 98 News Release Ms. Jacqueline Michael reports Conac Software has expanded its operations into the United States with a new sales and marketing office in Redmond, Wash. Conac opened the Redmond office following several months of research in a U.S. test market. The company's research revealed a definite need for Conac's unique suite of financial and project management software products. The acceptance of Conac's estimating and job cost accounting software in the test market was well beyond expectations. Professional contractors demonstrated a real need for innovative solutions, and Conac's products were widely viewed as a cost efficient alternative. The company's research strongly supported its expansion into the United States. The company has hired Robert Nyman as director of sales and marketing for the new U.S. operations. Mr. Nyman was recruited from the U.S. firm, WinEstimator, one of Conac's main competitors, and has more than 15 years of experience in business development for the high-tech industry. Mr. Nyman's proven skills in strategic and national account management, building customer loyalty and international business will be definite assets. Mr. Nyman has already hired a number of qualified sales people with direct industry experience and is currently recruiting additional sales personnel to complement the existing Conac team. Operating under the name Conac Software USA Inc., the Redmond office will focus on taking maximum advantage of the growing U.S. market for its unique suite of products. Conac will be launching its U.S. product line at the AEC fall Computers for Contractors trade show in Baltimore. The AEC trade show attracts thousands of visitors from across the United States every year and participants include the leading software providers for the industry. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com