Dendrite International, Inc. Appoints Nobuya Kawasaki Vice President and General Manager of Dendrite's Japanese Division.Business Editors MORRISTOWN, N.J.--(BUSINESS WIRE)--Dec. 21, 1999 Dendrite dendrite: see nervous system; synapse. International, Inc. (NASDAQ/NMS: DRTE DRTE Defence Research Telecommunications Establishment ) Chairman 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. John E. Bailye today announced that Nobuya Kawasaki has been named Vice President and General Manager of Dendrite Japan. Mr. Kawasaki comes to Dendrite from his position as President and CEO of Molecular Simulations Inc. K.K. in Tokyo, Japan, the Asia-Pacific division of Molecular Simulations Inc., a 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. , California-based leading provider of molecular compound simulation software Simulation software is based on the process of imitating a real phenomenon with a set of mathematical formulas. It is, essentially, a program that allows the user to observe an operation through simulation without actually running the program. to pharmaceutical research and scientific R&D institutions. As President of Molecular Simulations in the Asia-Pacific region, Mr. Kawasaki formulated and implemented the company's short and mid-term business plans to meet strategic goals set by the company's board in San Diego and met with great success during these ventures as he built a solid market presence for Molecular in Asia. "Mr. Kawasaki is a high-energy, hands-on executive with extensive experience in sales, marketing and general management in Japan's high-tech industry," said Jean-Paul Modde, Dendrite Vice-President, Asia-Pacific. "I am confident that his strong track record of success will continue with his career here at Dendrite." With a degree in mechanical engineering, Mr. Kawasaki began his career with Data General Japan as an account executive, where he remained for five years before becoming a district sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → for Floating Points System Japan. He then spent eight years at Convex Computer Convex Computer was a company that produced a number of vector minisupercomputers, supercomputers for small-to-medium-sized businesses. Their later Exemplar series of parallel computing machines were based on the Hewlett-Packard PA-RISC CPU series, and in 1995, HP bought the Japan K.K. as a general manager of sales development before being promoted to Corporate Director. After Convex was acquired by Hewlett-Packard, Mr. Kawasaki continued his career with the company, managing the Convex division. He has been President and CEO of Molecular Simulations Inc. K.K. since 1997. "I'm looking forward to joining Dendrite's Asia-Pacific management team," said Mr. Kawasaki. "I feel that my past professional experiences of mastering the communication balance between Japanese and US work practices will assist in continuing to build upon my present relationships with major Japanese pharmaceutical companies for Dendrite." ABOUT DENDRITE As a leading global provider of highly specialized, integrated product and service offerings for the Pharmaceutical and Consumer Package Goods (CPG CPG central pattern generators. ) industries, Dendrite supports corporate strategies for a sustained competitive advantage. Thousands of sales representatives and their managers from over 150 companies and 57 countries rely on Dendrite for a uniquely tailored combination of tools, information and skills to help them prepare for tomorrow's challenges and improve their sales success. Focusing strongly on outcomes, Dendrite combines its modular software See modular programming. products with specifically tailored coaching and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . With a global infrastructure as its foundation, Dendrite's commitment to unparalleled service has been the hallmark of the business and the basis of strong customer loyalty since the Company's inception in 1986. Headquartered in Morristown, New Jersey Morristown is a town in Morris County, New Jersey, United States. As of the United States 2000 Census, the town population was 18,544. Its estimated population in 2004 was 18,842. It is the county seat of Morris CountyGR6. , Dendrite employs over 1200 people around the world. For more information, visit the Company's Web site at http://www.drte.com. Note: Dendrite is a registered trademark of Dendrite International, Inc. This press release contains statements that are forward-looking statements and discuss expectations about future events or outcomes with respect to Dendrite and its business, including statements regarding expected results for future periods. We believe these statements are within the scope of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and we intend that these statements be covered by the safe harbors created by such acts. The forward-looking statements are based on our current expectations, assumptions, estimates and projections about our company and the pharmaceutical and consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one industries and involve risks and uncertainties. Accordingly, Dendrite's actual results may differ materially from the results discussed in or implied by such forward-looking statements. The risk factors that could cause actual results to differ from the results expressed or implied by these forward-looking statements include the following: (i) our business is heavily dependent on the pharmaceutical industry; (ii) our quarterly results of operations may fluctuate significantly and may not meet market expectations; (iii) our lengthy sales and implementation cycles make it difficult to predict our quarterly revenues; (iv) our fixed costs fixed costs, n.pl the costs that do not change to meet fluctuations in enrollment or in use of services (e.g., salaries, rent, business license fees, and depreciation). may lead to fluctuations in our quarterly operating results if revenues fall below expectations; (v) our business is affected by variations in our customers' budget cycles; (vi) our revenues would decline and our business would be adversely affected by the loss of one of our major customers; (vii) we may be unable to successfully introduce new products or respond to technological change; (viii) we are exposed to risks associated with the Year 2000 (for example, (a) demand for our software products and services may decline before and after the Year 2000, (b) our Year 2000 remediation efforts may be unsuccessful and (c) we may incur material expenses in connection with any claim relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Year 2000 compliance of our own products or the products of third parties); (ix) increased competition may result in price reductions and decreased demand for our products and services; (x) some of our customers rely on our competitors for market data; (xi) our international operations have risks that our domestic operations do not; (xii) our success depends on retaining our key senior management team and on attracting and retaining qualified personnel; (xiii) our inability to manage our growth could adversely affect our business; (xiv) our business depends on proprietary technology that we may not be to protect completely; and (xv) the consumer packaged goods industry may have different characteristics from those we are used to in the pharmaceutical industry. In light of the significant uncertainties inherent in these forward-looking statements, you should not consider their inclusion as a representation by us or anyone else that we will achieve our objectives and plans. Moreover, we assume no obligation to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking statements. For further discussion of these and other factors that could adversely affect Dendrite's financial condition and results of operations consult Dendrite'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. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. filed with the Securities and Exchange Commission. |
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