Charles Sansbury Announces Intention to Resign as Chief Financial Officer of Vignette.AUSTIN, Texas -- Vignette Vignette A symbol or pictorial representation of the corporation on a stock certificate. Usually a complicated and artistic design, it is meant to make the counterfeiting of stock certificates as difficult as possible. Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :VIGN VIGN Vignette Corporation (stock abbreviation, AMEX) ), a leading provider of enterprise content management (ECM (1) (Enterprise Change Management) See version control and configuration management. (2) (Error Correcting Mode) A Group 3 fax capability that can test for errors within a row of pixels and request retransmission. ) solutions, today announced that Charles Sansbury Charles Sansbury (1916 – 1989) was a respected sculptor and artisit based in the North-East of England. Biography Education Sansbury was born in Watford in 1916, and by the time he was in his teens, painting was already an important part of his life. intends to resign from his role as chief financial officer, effective June 20, 2006. Sansbury will assist the company's senior management team for a period of time thereafter on transition activities, including recruiting a replacement for his position. Sansbury has served as Vignette's CFO See Chief Financial Officer. since September 2001. "During my five years as CFO, we have built a broad set of solutions and put the company on a solid financial foundation," said Sansbury. "I have enjoyed working with an outstanding team at Vignette. With the completion of a successful 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. transition and our track record of profitability and cash generation, I feel that now is the right time for me to turn my attention to new pursuits and challenges." "On behalf of the entire board and management at Vignette, we commend Charles for his dedicated service," said Mike Aviles, president and CEO of Vignette. "We respect his decision and wish him well in his future endeavors. We are confident Vignette will attract a high-caliber candidate who will continue the standard of commitment and excellence we have come to appreciate from Charles." About Vignette For more than 10 years, Vignette has helped organizations worldwide transform their content from a liability to an asset. Vignette's family of Enterprise Content Management (ECM) solutions lets these organizations leverage their records, documents, Web pages, images, multimedia and other unstructured content to create new opportunities, expand profits, and realize greater savings and efficiencies. Vignette (NASDAQ:VIGN) is headquartered in Austin, Texas with local operations worldwide. Visit www.vignette.com to see how the world's best-known organizations have worked with Vignette to increase their productivity, reduce their costs, manage their risk and improve their interactions with key constituents. FORWARD-LOOKING STATEMENTS forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The statements contained in this press release that are not purely historical are forward-looking statements including statements regarding the Company's expectations, beliefs, hopes, intentions or strategies regarding the future. Forward-looking statements include statements regarding Vignette's products, future sales, market growth and competition. All forward-looking statements included in this press release are based upon information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward-looking statement. Actual results could differ materially from the Company's current expectations. Factors that could cause or contribute to such differences include, but are not limited to, Future Losses, Limited Operating History, Fluctuation Fluctuation A price or interest rate change. of Quarterly Revenues and Operating Results, Acquisition Integration, Competition, Dependence on a Small Number of Large Orders, Lengthy Sales Cycle and Product Implementation, Market Awareness of Our Product, Rapid Changes in Technology and New Products, and other factors and risks discussed in the Company's reports filed from time to time with the Securities and Exchange Commission. Vignette, the V Logo, e:fficiency, and e:fficiency experts are trademarks or registered trademarks of Vignette Corp. 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 other countries. All other names are the trademarks or registered trademarks of their respective companies. |
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