Business
TECSYS Inc. Announces Organizational Change
TECSYS Inc. Announces Organizational Change.
About this update from Tecsys Inc.
[{"type":"text","content":"\n\n\n\n\nMONTREAL, Oct. 31 /CNW Telbec/ - TECSYS Inc. (TSX: TCS), an\nindustry-leading supply chain management company announced today that Peter\nBrereton, currently President and Co-CEO, was named President and CEO\neffective November 1, 2006 by the board of directors. David Brereton continues\nin his position as Executive Chairman of TECSYS Inc. but will no longer serve\nas Co-CEO as of November 1, 2006. The board of directors believes that\nseparating the roles of chairman and CEO will ensure not only better corporate\ngovernance for TECSYS but also the continuing streamlining of operations.\n\nAbout TECSYS\n\nTECSYS is a leading supply chain management software provider that\ndelivers powerful enterprise distribution, warehouse and transportation\nlogistics software solutions. The company's customers include about 800\nmid-size and Fortune 1000 corporations in healthcare, giftware, office\nproducts, third-party logistics and general wholesale high-volume distribution\nmarkets. TECSYS' shares are listed on the Toronto Stock Exchange under the\nticker symbol TCS.\n\nThe statements in this news release relating to matters that are not\nhistorical fact are forward looking statements that are based on management's\nbeliefs and assumptions. Such statements are not guarantees of future\nperformance and are subject to a number of uncertainties, including but not\nlimited to future economic conditions, the markets that TECSYS Inc. serves,\nthe actions of competitors, major new technological trends, and other factors\nbeyond the control of TECSYS Inc., which could cause actual results to differ\nmaterially from such statements. All names, trademarks, products, and services\nmentioned are registered or unregistered trademarks of their respective\nowners.\n%SEDAR: 00010494EF\n\n\n","length":1844,"tagName":"div"}]