Captaris Announces Richard J. LaPorte's Retirement As Chairman of the Board; Bruce L. Crockett assumes role of Captaris Chairman.Business Editors BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 24, 2003 Captaris, Inc. (Nasdaq:CAPA CAPA California Alternate Performance Assessment CAPA Captaris, Inc (stock symbol) CAPA Confederation of Asian and Pacific Accountants CAPA Creative and Performing Arts (school) ), a leading provider of business information delivery solutions, today announced that Richard J. LaPorte has retired as Chairman of the Board and as a Director of the company. Captaris also announced that Bruce L. Crockett, appointed to the Captaris board of directors in September 2001, will assume the role of Chairman effective immediately. Mr. LaPorte has been affiliated with Captaris since May 1990, serving as the company's 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. for ten years prior to his retirement from active management in 2000, and serving as the company's Chairman of the Board since 1994. "My association with AVT/Captaris over the past 13 years has been the most rewarding and satisfying period of my career. Furthermore, it has been a pleasure and an honor to have served our shareholders, employees and customers. I leave the company in excellent hands, having the utmost confidence in the management, employees and directors of the company. Needless to say, I wish everyone involved with the company the greatest of success in the future," said Mr. LaPorte. "On behalf of the entire Captaris family, I thank Dick LaPorte for his many significant contributions to the growth and success of this company and for his support in transitioning the company over the last several years," said David P. Anastasi, President and CEO of Captaris. "I also welcome Bruce Crockett to the chairman's role. Tapping his 30 years of experience in finance and technology, Bruce will build upon the strong foundation Captaris has established and will help us continue to focus on growing our business as the premier business information delivery provider." "I have admired ad·mire v. ad·mired, ad·mir·ing, ad·mires v.tr. 1. To regard with pleasure, wonder, and approval. 2. To have a high opinion of; esteem or respect. 3. the role Dick has played at the helm of the Captaris board, and will continue his efforts to achieve new levels of success and growth opportunities for Captaris employees, stockholders, customers and partners," said Mr. Crockett. Mr. Crockett brings 30 years of experience in finance and general management in the banking, aerospace and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industries. Since 1996, Mr. Crockett has served as Chairman of Crockett Technologies Associates, a strategic consulting and investment firm that provides services to the information technology and communications industries communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. . From 1992 to 1996, he served as President, Chief Executive Officer and a Director of COMSAT Comsat: see Communications Satellite Corporation; communications satellite. (COMSAT General Corporation, Bethesda, MD) Formerly Communications Satellite Corporation, COMSAT was a private company that was created by the U.S. Corporation, an international satellite and wireless telecommunications company See telecom company. . Mr. Crockett currently serves on the boards of directors of ACE Limited, an insurance company, the Mutual Fund Boards of AIM Management Group Inc. and is also a member of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of the University of Rochester The University of Rochester (UR) is a private, coeducational and nonsectarian research university located in Rochester, New York. The university is one of 62 elected members of the Association of American Universities. . About Captaris, Inc. Captaris is a leading provider of business information delivery solutions that integrate and automate To turn a set of manual steps into an operation that goes by itself. See automation. the flow of messages, data and documents. Captaris produces a suite of proven products and services, in partnership with leading enterprise software companies, delivered through a global distribution network. Captaris has nearly 100,000 systems installed worldwide, with more than 90 of the Fortune 100 using the company's award-winning products and services to reduce costs and increase the performance of critical business information investments. Captaris is headquartered in Bellevue, WA, and has main offices in Tucson, AZ, Portland, OR, and the European headquarters in Nieuwegein, The Netherlands. In addition, Captaris has sales and support offices in Switzerland, the United Kingdom, Germany, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Australia, and Dubai. The company was founded in 1982 and is publicly traded on the NASDAQ National Market under the symbol CAPA. For more information please visit www.captaris.com. Captaris products RightFax, CallXpress and Infinite are trademarks of Captaris. All other company, brand and product names are the property and/or trademarks of their respective companies. |
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