Timeline, Inc. Appoints Terry Harvey as Outside Director.Business/High Tech Editors BELLEVUE, Wash. & LONDON--(BUSINESS WIRE)--Oct. 3, 2000 Timeline Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TMLN TMLN Timeline, Inc. (stock symbol) ) a leading developer of Excel based Financial Reporting and Budgeting solutions, today announced that Terry Harvey, a British venture capitalist Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. , has been appointed to the company's Board of Directors. Timeline's Board now has a total of five directors. "Terry Harvey is a well-respected technology entrepreneur in the UK and brings extraordinary experience and a fresh international perspective to our Board," said Charles Osenbaugh, President and Chief Executive Officer. "We're excited to have an executive of his caliber joining our team. His long-standing investments in our company, dating back to the spin-off of our European operations in 1997, as well as his expertise in our technology and its markets, make Terry an exceptionally solid addition to our board." Terry Harvey founded Harvey Consultants, a UK based consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) systems utilizing relational databases, structured techniques and fourth generation languages, following his departure from Software AG (Frankfurt:SOWG SOWG Science Operations Working Group SOWG Senior Officer Working Group SOWG Sensor Optimization Working Group .F) in 1989. Under his leadership, Harvey Consultants grew into a $30+ million enterprise, achieving a better than 100% growth rate from 1992 to 1999. In 1996, he sold the company to The Olsten Corporation, one of the largest staffing agencies 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. , where he remained as Managing Director until 1999. Harvey's career spans over 20 years in data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a and information technology industry, starting as an operator in the IBM 370 environment in the early 1970's to his present position as a highly respected technical consultant and venture capital investor. "Timeline's technology is elegant and broadly applicable in today's information rich world, because it allows a disparate user-base the ability to access and use date where, when and how they need it," stated Harvey. "I am delighted to be joining the Timeline board and believe the potential for this technology is only just beginning to be appreciated by the technology marketplace." Timeline develops, markets and supports proven, Microsoft Windows-based financial management reporting software suitable for complex applications such as those found in medium to large, multinational corporations. The company's products, including Analyst for Microsoft Excel, were developed to support Microsoft's 32-bit operating systems including Windows 95, Windows 98, Windows NT and Windows 2000 and Microsoft's Office product line including Office 97 and Office 2000. Thus Timeline's products take full advantage of the power and features available in the new operating systems from Microsoft. Timeline is a registered trademark of Timeline, Inc. Microsoft Windows 95, Windows 98, Windows 2000, Office 97 and Windows NT are registered trademarks of Microsoft Corporation. |
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