eNGENUITY Technologies Inc. Announces Appointment of Chief Financial Officer.Business Editors MONTREAL--(BUSINESS WIRE)--Jan. 7, 2003 eNGENUITY Technologies Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :EGY EGY Egypt (ISO Country code) EGY Energy XXI (Bermuda) Ltd ), a leading provider of software tools and components for the development of advanced visual and simulation applications, today announced the appointment of Mr. Yves H. Boucher as Executive Vice President and Chief Financial Officer based in Montreal. Mr. Yves H. Boucher brings with him more than 17 years of experience in finance, administration, operations, and international business development to his role as Executive Vice President and Chief Financial Officer at eNGENUITY Technologies. From 2000 to 2002, Mr. Boucher was Executive Vice President and Chief Financial Officer for Nstein Technologies involved in the artificial linguistic intelligence field. Joining Nstein Technologies at the start-up stage, Mr. Boucher was responsible for strategic development and raised substantial equity for the company, positioning them to go public. Prior to joining Nstein in May 2000, Mr. Boucher was Executive Vice President for BABN BABN Bay Area Bisexual Network (San Francisco, CA) Technologies where he directed marketing, international business development and strategic alliances for this global leader in lottery ticket printing and consulting services. From 1990 to 1995, Mr. Boucher was Vice President Finance and Administration for Ramca Tiles Ltd., one of the largest importers and distributors of ceramic tiles in Canada. From 1985 to 1990, Mr. Boucher occupied increasingly responsible positions within the Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing Company in the Montreal office in the fields of strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , development, auditing, tax planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. and business consulting. Mr. Boucher holds a Master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in Business Administration from McGill University McGill University, at Montreal, Que., Canada; coeducational; chartered 1821, opened 1829. It was named for James McGill, who left a bequest to establish it. Its real development dates from 1855 when John W. Dawson became principal. in Montreal, and earned a Bachelor of Commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA). (Honors) degree from the University of Trois-Rivieres, Quebec. Mr. Boucher also ranked (Honors) 15th in Canada for the Uniform Final Exams for the Canadian Institute of Chartered Accountants The Canadian Institute of Chartered Accountants (CICA) is the umbrella body for the Chartered Accountant profession in Canada and Bermuda. Membership of the CICA totals 70,000 Chartered Accountants and 8,500 students. , and second in Canada for the Certified Management Accountancy Final Exams. "It is a great pleasure to have Yves join our Company and become part of our team. Yves' previous international experience combined with his vast knowledge and expertise in the financial market will be a significant asset to our Company", said Patrice Commune, President of eNGENUITY Technologies Inc. About eNGENUITY Technologies Inc. eNGENUITY Technologies is a leading provider of software tools and components for the development of advanced visual and simulation applications. The company specializes in Human-Machine-Interface, simulation and Java 2D(TM) visualization solutions. eNGENUITY Technologies' products provide the means to dramatically shorten development cycles while improving software performance reliability. Our tools are currently in use by over 800 customers globally within thousands of mission, business and safety-critical applications. The Company is headquartered in Montreal and has offices and distributors throughout Canada, the United States, Europe and Asia. Further information about eNGENUITY Technologies Inc. is available at www.engenuitytech.com. Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties that could affect the Company's abilities to achieve its objectives and cause actual events to differ materially from expectations. These risks and uncertainties are described in the Company's prospectus filed with the Canadian Securities Commissions on July 12, 1999 and its Annual Report for fiscal year 2002 filed on October 10, 2002. |
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