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Technology Stocks : Documentum (DCTM) Software -- Ignore unavailable to you. Want to Upgrade?

To: kha vu who wrote (456)	3/22/1999 1:52:00 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 600

Today's excitement: DOCUMENTUM VICE PRESIDENT OF SALES ANNOUNCES PLANS TO LEAVE COMPANY RELATED SYMBOLS: (DCTM) PLEASANTON, Calif., March 22 /PRNewswire/ -- Documentum, Inc. (Nasdaq: DCTM), provider of the market-leading Web Application Environment(TM) and the Innovation Series of Applications(TM), today announced that Paul Hoffman, vice president of worldwide sales, plans to leave the company as of April 1. "Paul has contributed significantly to the tremendous growth and success of Documentum," said Jeffrey A. Miller, Documentum's president and chief executive officer. "His sales leadership and hard work have played a key role in building a solid foundation for the company. Documentum wishes him the best of luck in his future endeavors and offers sincere thanks for his contributions." Hoffman joined Documentum in September 1996, contributing to the company's growth over the past two years. Under Paul's tenure revenue grew from $45.3 million in 1996 to $123.8 million in 1998. "Working at Documentum over the past two and a half years has been extremely rewarding," said Hoffman. "Documentum has become the market leader in its field, has developed a strong sales force and has built an impressive customer base. As I leave the company, I am confident in its future success."