BakBone Software Names Storage Industry Veteran Keith Rickard Chief Executive Officer, President.Business/High-Tech Editors SAN DIEGO--(BUSINESS WIRE)--June 25, 2001 BakBone Software  This article about a company does not make it clear whether the subject meets the Wikipedia criteria for . , Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BKB BKB Basler Kantonalbank (Switzerland) BKB Black King Bar (gaming weapon) BKB BV Kwaliteitsverklaringen Bouw (Dutch) BKB BankBoston Corporation , OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BKBOF), a global provider of storage management software, today announced the appointment of Keith Rickard as Chief Executive Officer and President. Mr. Rickard joins BakBone with more than twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. experience in the software industry, including significant experience in storage management software. He will report directly to BakBone's Board of Directors, and is responsible for driving the company's sales and marketing strategy, as well as determining and implementing an optimum business strategy to promote the future of the company while ensuring maximum value for its shareholders. "We sought out a candidate with significant blue-chip experience in developing a company to the next level," said Archie Nesbitt, BakBone Software's Board Chairman. "Keith has the documented track record that met our requirements. His demonstrated ability to consistently grow sales, as well as his global contacts throughout our industry, are what we require as we position BakBone for additional progress." Mr. Rickard most recently served as President of Sterling Software's Storage Management Division, prior to its purchase by Computer Associates (NYSE NYSE See: New York Stock Exchange : CA). While in that role, his division increased its annual worldwide revenues to US$120 million, improving its operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. 137%, and increasing its profit margin 25%. In his seventeen years at Sterling Software, Mr. Rickard also served as President of the VM Operating Software Division and Americas Division, and as Vice President of the company's United Kingdom Division. "Keith has a wealth of domestic and international experience, customer-facing skills in sales and marketing, and a track record of operational excellence," commented Sterling Williams, former president and 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 Sterling Software, one of the world's 10 largest independent software vendors. "He succeeded in every challenge he assumed while at Sterling. BakBone Software is fortunate to obtain a leader of Keith's caliber." "BakBone has a tremendous opportunity to become a significant presence in the storage software industry," Mr. Rickard stated. "The technical quality of its software is unsurpassed, and the team has what it takes to produce industry-leading results. I'm excited about the challenge, and look forward to building revenues and profitability, and capitalizing on BakBone's successes." Mr. Rickard assumes the role of CEO from BakBone co-founder Tony Cerqueira. Mr. Cerqueira has been named Executive Vice President, with responsibility for corporate development, working with institutional and investment bankers, and will continue to participate in product strategy. He remains a member of BakBone Software's Board of Directors. About BakBone Software, Inc. BakBone Software(TM) (TSE: BKB, OTC: BKBOF) is an international storage management software company that develops and globally distributes high-performance software solutions to the network storage and open systems markets. BakBone's near-line archival and backup/restore software suites provide scalable data protection from the workgroup to the enterprise. Founded in 2000, BakBone Software's products are used by companies worldwide, and are distributed through a network of OEMs and solution providers. BakBone's corporate headquarters is located at 10145 Pacific Heights Boulevard, San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. 92121. Its stock is listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and is included on the TSE 300 Composite, S&P/TSE Canadian SmallCap and TSE 200 indices. For more information on BakBone products, call (866) 484-2663, e-mail sales@bakbone.com, or access BakBone's web site at www.bakbone.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. The statements contained in this press release that are not historical in nature are forward-looking statements. Forward-looking statements are not guarantees since there are inherent difficulties in predicting future results, and actual results could differ materially from those expressed or implied in the forward-looking statements. BakBone Software, the BakBone logo, and NetVault are all trademarks or registered trademarks of BakBone Software, Inc., in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or in other countries. All other brands, products or service names are or may be trademarks or service marks of, and used to identify, products or services of their respective owners. |
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