Critical Path Appoints Edgard Gassino as Vice President, Managing Director EMEA.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Nov. 28, 2001 Former Lotus/Oracle VP and Manager to Draw Upon Extensive Professional Services and Enterprise Computing Refers to information technology in the larger company. See enterprise data and enterprise networking. Experience to Drive Overseas Revenue Growth Critical Path, Inc. (Nasdaq:CPTH), a global leader in communication technology and integrated messaging solutions, serving carriers, service providers and corporations worldwide, today announced the appointment of Edgard Gassino as vice president and managing director for Critical Path EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. (Europe, Middle East and Africa). Gassino, a software industry veteran with more than 25 years experience, will be responsible for all sales and services in the region. He will report to Critical Path's recently appointed President, Pierre Van Beneden. "Critical Path has a strong presence in Europe, which is vital to our continued growth and future profitability," said Van Beneden. "Edgard Gassino brings a solid record of greatly improving Lotus' EMEA revenues and growing Oracle's sales throughout Europe. His appointment further strengthens our position overseas, and his enterprise and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. experience will help open new avenues for the Critical Path(TM) Communication Platform." Gassino brings extensive experience driving EMEA sales and revenues for industry leaders that include Lotus, Oracle and other leading software and services companies. As vice president and managing director, EMEA for Lotus Professional Services, his team grew revenues from $44 million in 1996 to $230 million in 2000. During his tenure at Oracle, he managed a sales team that consistently exceeded its revenue objectives. Additionally he has served as a sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → , sales engineer and systems engineer for Matra Data Systems and Control Data. "I believe Critical Path has a clear strategy focusing on growth and market leadership in EMEA with its integrated Communications Platform. While we are already seeing great traction Traction Definition Traction is the use of a pulling force to treat muscle and skeleton disorders. Purpose Traction is usually applied to the arms and legs, the neck, the backbone, or the pelvis. with service providers, the Communication Platform also presents a tremendous opportunity for meeting the changing communication needs of global enterprises," said Gassino. "I look forward to playing an important role in helping Critical Path maintain and grow a dominant position in this rapidly expanding market, as well as the opportunity to improve our momentum as a world leader in integrated communication solutions." About Critical Path, Inc. Critical Path, Inc. (Nasdaq:CPTH) is a global leader in communication technology and complete messaging solutions for wireless and wireline carriers, service providers and corporations through its integrated platform of messaging applications and directory infrastructure. Critical Path is headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , with offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . More information on Critical Path can be found at http://www.cp.net./. 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. This press release contains forward-looking statements by the Company and its executives regarding expected future business, financial and product performance, including the Company's statements regarding endorsements of our product and services offerings by our customers, the refocusing Noun 1. refocusing - focusing again focalisation, focalization, focusing - the act of bringing into focus of our operations throughout the world, the performance of senior executives in meeting strategic goals, and the market for outsourced services like ours. The words "will," "expect," "plan," "believe," "seek," "strive for," "anticipate," "estimate" and similar expressions are intended to identify the Company's forward-looking statements. These forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, our evolving business strategy and the emerging and changing nature of the market for our products and services, our ability to deliver on our sales objectives, the ability of our technology and our competitors' technologies to address customer demands, changes in economic and market conditions, unplanned system interruptions and capacity constraints, software and service design defects. These and other risks and uncertainties are described in more detail in the Company's filings with the U.S Securities and Exchange Commission (www.sec.gov) made from time to time, including Critical Path's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 2000, as amended, and the Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. for the quarters ended June 30, 2001 and March 30, 2001, both as may be amended from time to time. Note to Editors: Critical Path and the Critical Path logo are the trademarks of Critical Path, Inc. All other trademarks are the property of their holders. |
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