BrainTech Inc. Hires Vice President Strategy Marketing.VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 13, 1998--Management is pleased to announce that Michael Marckwort has been hired as Vice President Strategy Marketing for BrainTech Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BNTI BNTI Blind Nasotracheal Intubation ). In this capacity Marckwort will manage strategic marketing for the BrainTech Inc. Michael Marckwort has 18 years experience in senior Marketing and Business Development management positions, in the computer industry. Experience includes the General Management of Multiactive Data Inc., one of Canada's largest On-line E-commerce companies. Marckwort was also employed as Business Development Director for iStar, Canada's largest ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. . Previously, Marckwort worked for Novell Inc. and held senior positions including European Marketing Director. Marckwort graduated from studies at Carleton University, with a BComm, in Ottawa and from Electronics Engineering at the Humber Tech. Inst. in Toronto. Owen Jones, BrainTech's president states, "Michael's skill set will be instrumental in the commercialization of our Odysee Development Studio into OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and sales channels and the product and company market positioning of BrainTech Inc. We are pleased to welcome Michael to our team." BrainTech specializes in the design, development and commercialization of advanced pattern recognition technologies and products. Founded in 1994, the company builds highly effective, adaptive pattern matching recognition systems based on its patented technologies. BrainTech shares trade on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol BNTI. For more information, visit www.bnti.com. ON BEHALF OF THE BOARD OWEN JONES PRESIDENT BRAINTECH, Odysee and BrainTron are registered trademarks of BRAINTECH INC. IMPAC IMPAC International Merchant Purchase Authorization Card IMPAC Intersegmental Major Preparation Articulated Curriculum IMPAC Information for Management, Planning, Analysis, and Coordination (National Institutes of Health) is a jointly owned trademark of UTMC UTMC Urban Traffic Management and Control UTMC United Technologies Microelectronics Center UTMC Underground Terrorist Motorcycle Cult UTMC United Technologies Microelectronics Corporation UTMC Utah Microelectronic Center UTMC Unit Training Management Configuration and BrainTech. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by BRAINTECH INC.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of BrainTech Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state income tax laws, and market competition factors. |
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