DataWorks Expands Management Team With Chief Financial Officer.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif.--(BUSINESS WIRE)--Feb. 1, 1996--DataWorks Corporation (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :DWRX) announced today that it has added a key new executive to its senior management team. Norm Farquhar, who has been on the DataWorks Board of Directors since August 1995, has joined DataWorks as its Executive Vice President and Chief Financial Officer. The addition of a senior CFO See Chief Financial Officer. with public company experience has been a prime component of DataWorks management strategy after the company's initial public offering in late 1995. In addition to his public company experience, Farquhar brings a significant background in corporate development at growth technology companies. Farquhar has over fifteen years experience with Wall Street, including the management of six public offerings (both initial and follow-on offerings) and eighteen mergers and acquisitions. Prior to joining DataWorks, Farquhar was Senior Vice President of Finance & Administration and Chief Financial Officer for Wonderware Corporation. At Wonderware, he played an important role in the company's business development, including Wonderware, highly successful initial public offering, and key strategic acquisitions and alliances. Farquhar's extensive finance background also includes key positions at Micro Technology Inc., Cipher cipher: see cryptography. (1) The core algorithm used to encrypt data. A cipher transforms regular data (plaintext) into a coded set of data (ciphertext) that is not reversible without a key. Data Products, Amperif Corporation and Computer Automation. In addition, he has considerable expertise in establishing international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. . DataWorks 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. , Stu Clifton, stated that, "By bringing Norm Farquhar to the DataWorks team, we have greatly strengthened our management group in two important ways. First, we get someone with strong relationships and experience in the financial community. Secondly, we have expanded our management skills to support our efforts with respect to strategic acquisitions and alliances that will be fundamental to our forward plans. We also plan to use Mr. Farquhar's experience more directly in the expanding operational side of our business." Clifton further added, "It's also a great advantage to have a new senior executive with broad manufacturing software and factory automation knowledge. He can hit the street running." DataWorks has been a supplier of software solutions for discrete and repetitive manufacturers for over ten years. The Company's products feature advanced ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. system functionality combined with open system technologies, including client-server architecture, relational data base and easy-to-use Windows-based graphical user interface graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to . DataWorks is one of the first manufacturing software companies to be completely installed and operational on the Windows NT operating system. The Company has over 600 customer sites. Worldwide headquarters is located in San Diego, CA. For more information, contact Chris Jensen, DataWorks Corporation, 7441 Lincoln Way, Garden Grove, CA 92641, (714) 891-6336, ext. 134. CONTACT: Chris Jensen, 714/891-6336, ext. 134 |
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