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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!! -- Ignore unavailable to you. Want to Upgrade?

To: hasbeen101 who wrote (2677)	1/11/1999 9:44:00 AM
From: GUSTAVE JAEGER	Respond to of 3194

Kudos for Goldman! After he has successfully implemented a sound business rationale, Goldman gets Perreault in the driver seat: Monday January 11, 9:01 am Eastern Time Company Press Release SOURCE: Object Design, Inc. Object Design Names Justin J. Perreault President and CEO Robert N. Goldman to Remain Chairman of The Board BURLINGTON, Mass., Jan. 11 /PRNewswire/ -- Object Design, Inc. (Nasdaq: ODIS - news), the leading provider of object-oriented data management solutions for C++, Java and XML-based applications,, today announced that Justin J. Perreault has been named the company's new president and chief executive officer. Perreault, who had previously been the company's executive vice president and chief operating officer, succeeds Robert N. Goldman, who will continue to serve as the company's chairman of the board. ''Justin and I have worked very closely together for the last three-and-a- half years at Object Design and we have grown the company and dramatically expanded our customer base,'' Goldman said. ''I look forward to continuing our work together as we both move into our new roles.'' Perreault joined Object Design as executive vice president and chief operating officer in November 1995. Prior to that time, he was a vice president with Harvard Management Company, where he made a number of venture investments in successful technology companies, and a management consultant with McKinsey & Company, Inc. ''This is a very exciting time for Object Design. We are continuing to see growing adoption of our ObjectStore database among new customers and markets. And, the launch of our new eXcelon XML data server this quarter opens up exciting new opportunities for further growth,'' Perreault said. ''Bob Goldman has done a great job as CEO in guiding Object Design over the past few years. I look forward to working with him and the rest of our outstanding team to move the company forward in the years to come.''