1mage Software Appoints James J. Capeless to Board of Directors.Business Editors ENGLEWOOD, Colo.--(BUSINESS WIRE)--March 16, 2000 Former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of VMARK (Ardent Software Inc) Joins 1mage mage n. A magician or sorcerer. [From Middle English mages, magicians, variant of magi; see magus.] 1mage Software, Inc. (symbol: ISOL), a leading provider of electronic document imaging systems for UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). , Linux, and NT environments, today announced the appointment of James J. Capeless, veteran high-technology chief executive, to its Board of Directors. Capeless served 11 years at VMARK Software, Inc., Westborough, MA, formerly Ardent Software Inc (www.ardentsoftware.com). Ardent merged with Informix on March 1, 2000. Capeless, as President and CEO of VMARK, undertook strategic and operational leadership when they were a $3 million, 35-person software company operating at a loss. He turned the company into one of the fastest-growing software suppliers worldwide, with $68 million in revenue and 440 employees. Under his leadership, VMARK achieved seven-plus years of revenue and profit growth from business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , including a string of 25 consecutive quarters. VMARK was selected as one of Software Magazine's "top 100 Software Companies" in 1994-1996. Prior to joining VMARK, Capeless held several executive marketing positions with firms such as Prime Computer and Honeywell Information Systems, where he was responsible for building domestic and international markets. Capeless holds both BA and MA degrees from the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. . David DeYoung, president and CEO of 1mage, stated: "the appointment of Capeless brings more than 34 years of exemplary business strategy and software marketing experience to the 1mage Board. Jim's extensive international marketing and operational background -- as well as his outstanding reputation, will add a new dimension and a valuable depth of experience to our Board. The very successful distribution channels developed at VMARK are the same channels that we primarily focus on for our resellers," continued DeYoung. Colorado-based 1mage Software, Inc. is a leading provider of computer-based document management and workflow automation See workflow. systems for UNIX, Linux, and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. environments. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , 1MAGE, converts business documents, of any origin, into electronic images, and manages them throughout their lifecycle. 1mage's entire product line is marketed through a direct sales force and an international network of Value Added Resellers (VARs). The company has a Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. Group that offers project management, consulting, installation, training, and image-enabling applications services. For additional information on 1mage, call 303.773.1424 or visit our web site at www.1mage.com. Statements expressing the beliefs and expectations of 1MAGE management regarding future performance are forward-looking and involve risks and uncertainties, including but not limited to: market demand for products, the overall demand for imaging software, maintenance of adequate cash flow to sustain operations, quarterly fluctuations in financial results, and other risk factors identified from time to time in 1MAGE's reports filed with the Securities and Exchange Commission. Copies may be obtained at www.sec.gov or by written request submitted to 1MAGE. |
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