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MPSI Forms Technology Advisory Board.

TULSA, Okla.- -- MPSI Systems Inc. (Pink Sheets:MPSM) today announced the formation of a Technology Advisory Board ("TAB") comprised of experts in retail modeling, numerical analysis, simulation and pattern recognition, among other skills. Jim Auten, MPSI's president and CEO named as charter members Dr. Frederick T. Seibel, Dr. Francis C. Wimberly, and Dr. David Izraelevitz.

According to Mr. Auten, the mission of the Technology Advisory Board includes (a) identification of enhancement opportunities with respect to MPSI's present software product suite, (b) development of new products for diversified application of MPSI's retail expertise, (c) management and/or team participation in consultative projects in the retail and governmental sectors, and (d) mentoring to MPSI's technical staff.



Duke University - Ph.D., Yale University -B.S.

Professional Experience

Dr. Seibel has more than 25 years' experience in scientific consulting and software management. He has held a series of management positions involving software development, consulting and supply chain solutions. Dr. Seibel has done extensive work in both the government and private sectors. His private sector experience includes projects in the retail, energy, automotive, computer, airlines, pharmaceutical and manufacturing industries. Dr. Seibel is currently working as a Consultant in the simulation and predictive analytics field.



University of Pittsburgh - Ph.D., Carnegie Mellon University - M.S., University of California - M.A. and A.B.

Professional Experience

Dr. Wimberly has worked in the area of scientific computing for over 25 years. He has taught courses in artificial intelligence, expert systems, data communications, numerical analysis and computer programming. He has extensive experience in both the government and private sectors. His private sector work includes projects in the packaged goods, automotive, airlines, consulting and telecommunications industries. Dr. Wimberly is currently working as a Research Scientist for a NASA-funded project utilizing numerical analysis and statistical tools.



Massachusetts Institute of Technology - Sc.D., E.E. and S.M.,

Rensselaer Polytechnic Institute - B.S.

Professional Experience

Dr. Izraelevitz has been actively involved in the computer and systems engineering field for more than 20 years. He is recognized as one of the foremost contributors in advanced pattern recognition techniques for aerial and satellite remote sensing applications including military force movement analysis and recognition, model-based multispectral image processing, and terrain/target visibility computation. He has also applied his expertise to the biomedical - imaging field, holding two patents in this area. Dr. Izraelevitz has done work in both the government and private sectors. His private sector experience includes projects in the medical, aerospace, computer, and communications and information technology industries. Dr. Izraelevitz is currently Senior Research Engineer at SRI International.

The Technology Advisory Board will be officially commissioned at its first meeting in January 2005. "MPSI brand value has always been grounded in leading-edge technology and an unwavering focus on customer services. The addition of the skills and perspectives of these new TAB members will enhance MPSI's ability to remain on the forefront of convenience retail consulting," said Mr. Auten.

MPSI ( is a global provider of spatial decision support systems (featuring proprietary software and databases), retail analytic consulting services, and information services. Its products and services are designed to meet the business planning needs of its convenience retail clients. The Company's common stock trades on the Pink Sheets under the symbol MPSM.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 6, 2005
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