TORONTO--(BUSINESS WIRE)--Jan. 8, 1999--
New structural revisions to benefit customers, enable the two
companies to focus on core business
Changepoint Corporation, the leader in front office software for IT businesses, today announced an organizational restructuring to better serve an ambitious schedule set for 1999.
Company officials confirmed that the company's IT business management software product line now will function independently of the Internet/intranet teamware product line, involv, with each organization operating under separate management.
Effective immediately, Changepoint Corporation will be dedicated entirely to the business of developing and marketing the company's IT business management software now renamed Changepoint, The Front Office for IT (TM) (previously named REMIND). Changepoint's solution integrates critical front office operations in its target markets such as strategy management, client/customer management, service delivery management, financial management, development and support. Newly created involv Corporation will focus on the highly successful involv teamware Internet/intranet product that allows users to better communicate and collaborate on virtually any group effort.
Gerry Smith will continue as President and CEO of Changepoint Corporation while Michael J. Cannata has been selected to serve as President and CEO of involv Corporation. Previous to his appointment, Cannata served as President of systems management software company, Cybermation Inc.
"This move allows each organization to devote full attention to their respective products and markets which, in turn, will greatly benefit our customers," said Gerry Smith, President and CEO of Changepoint Corporation.
"Individual company management will grant both the Changepoint and involv product lines the attention required to manage the expected growth we foresee in 1999," Smith continued. "This move puts us in a better position to more explicitly concentrate on individual market needs and trends."
"The creation of involv Corporation allows us to be dedicated to our vision," added Michael J. Cannata, President and CEO of involv Corporation. "Our vision is to provide unique competitive advantages and measurable business to our clients by developing the best industry-specific intranet and extranet communities using our leading web-based teamware products."
About Changepoint Corporation
Founded in 1992, Changepoint Corporation is the leading software provider in the high growth category of IT business management software. Changepoint provides end-to-end business management software for IT consulting organizations, software companies and corporate IT departments. Changepoint is the only supplier of integrated software for managing the complete business of IT, enabling more efficient processes and closer customer relationships. Changepoint is headquartered in Toronto, Canada. Further information can be obtained from the company's new Web site at http://www.changepoint.com.
About involv Corporation
involv Corporation is a leader in building strategic business communities on the Web. The company was first to market with instant, rentable team applications on the Web and continues to lead the teamware category with its innovative enterprise teaming products, involv Intranet and involv Free Web Teaming. Further information can be obtained from the company's new web site at http://www.involv.com.
Press Contacts: Steve Acken or Andrew Berthoff
Environics Communications
(416) 920-9000
sacken@pr.environics.ca
aberthoff@pr.environics.ca
EDITOR'S NOTE: All Changepoint news releases are available on the Internet, via the Changepoint Corporation Home Page at http://www.changepoint.com. Screenshots and an on-line ScreenCam movie of Changepoint, The Front Office for IT, are also available on Changepoint's Web site. Additional information on Changepoint can be accessed on-line, and by sending email to sales@changepoint.com or calling 1-905-886-7000.
No comments:
Post a Comment