Pierre Ducros to play strategic role in expanding software firm
2001-11-22
Montreal (Quebec), November 22, 2001 - The Chairman and Chief Executive Officer of Nstein Technologies Inc. "Nstein" (CDNX: EIN), Mr. Mario Girard, is pleased to announce the appointment of Mr. Pierre Ducros to the Company's Board of Directors.
Mr. Ducros held several senior management positions at IBM Canada before leaving to found DMR. Under Mr. Ducros' leadership from 1973 to 1996, DMR grew into a global IT consulting power with more than 3,500 employees in 49 offices around the world.
"Nstein's Linguistic Intelligence technology will be an enabler of a revolution in Knowledge Management and Content Management," stated Mr. Ducros. "At a very basic level, this technology will change the way we relate to information. It will allow gains in productivity of tremendous magnitude. I look forward to working with the management team and the other members of the Board to help ensure Nstein takes the lead in this new and expanding market."
Mr. Ducros brings with him a wealth of business and technology experience and contacts as evidenced by his past positions as a member of the Policy Committee of the Business Council on National Issues and as the Chairman of the Information Technology Association of Canada. Mr. Ducros is currently a board member at National Bank Financial, BCE Emergis, ManuLife Financial, and Cognos Incorporated. He is also a member of the Order of Canada.
"Mr. Ducros" addition brings another very experienced and well connected voice to what is already a strong board," said Mario Girard, President and Chief Executive Officer of Nstein. "He is a tech-savvy businessman with a proven track record. His experience in growing DMR will be invaluable for a high-growth company such as ours. We are proud that Mr. Ducros has agreed to share his time and knowledge with us."
Mr. Louis Massicotte, President and Chief Executive Officer of Net Creation, and co-founder of Nstein Technologies has resigned as a member of Nstein's Board of Directors to allow for the appointment of Mr. Ducros.
About Nstein Technologies
Nstein Technologies is a public company listed on the Canadian Venture Exchange. The company develops and markets innovative content management software solutions based on linguistic artificial intelligence. Nstein's software solutions automate time-consuming and complex tasks such as content classification as well as XML tagging and summarization. The company's Nserver™ products provide a revolutionary leap in effectiveness and cost reduction for e-publishers, portals, CRM solutions and e-marketplaces.
Nstein's intensive research in computational linguistics has resulted in Linguistic DNA™ technology'which combines the strengths of linguistic and statistical analysis (used by our competitors) with artificial intelligence. This resulting technology extracts meaning from even short, unstructured documents and organizes them with unparalleled precision and relevance.For further information on Nstein Technologies Inc., please visit www.nstein.com.
- The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
- Any statement that appears prospective shall not be interpreted as such.
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For more information:Nstein Technologies Inc.:
Yves H. Boucher
Vice President and Chief Financial Officer
Nstein Technologies Inc.
Tel: 514 908-5406
yves.boucher@nstein.com
Marketing Director
Nstein Technologies Inc.
Tel: 514 908-5406
andrew.hannan@nstein.com
Hill & Knowlton/Ducharme Perron
Montreal
Tel: 514 395-0375
