Spescom Appoints Longtime Houston Resident to Business Development and Sales Team
24 June 2005 - 7:30AM
PR Newswire (US)
Spescom Appoints Longtime Houston Resident to Business Development
and Sales Team Veteran Executive to Take Local Lead in Spescom's
Expansion Into Oil, Gas and Petrochemical Market SAN DIEGO, June 23
/PRNewswire-FirstCall/ -- Spescom Software Inc. (OTC:SPCO)
(BULLETIN BOARD: SPCO) , a leading developer of enterprise content,
configuration and change management software solutions for
mission-critical industrial applications, today announced the
appointment of Jonathan Reed to the Business Development and Sales
team. Mr. Reed will play a key role in the expansion of Spescom's
customer base in the oil, gas and petrochemical market. Mr. Reed
joins Spescom after having worked as an officer of NEON Systems in
a variety of senior management roles including Senior Vice
President of Business Development and Vice President of Marketing.
Prior to NEON Systems Mr. Reed held a number of key marketing and
sales management roles at Compaq Computer, BMC Software, and
Sybase. A long-time Houston resident, Mr. Reed has significant
experience with the Oil & Gas industry and other key vertical
markets critical to Spescom's success and is located in Houston,
Texas where he is responsible for Spescom's Oil, Gas and
Petrochemical business development efforts worldwide. "We are very
pleased to have a person of Jonathan's caliber and experience
joining our company to develop the marketing and sales efforts into
the Oil, Gas and Petrochemical market," commented Carl Mostert, CEO
of Spescom. "His appointment is the latest step in our plans to
achieve our strategic objectives through investment and expansion
of our sales and marketing activities in order to grow revenues.
Jonathan's extensive software and hardware industry experience
combined with his knowledge of this key vertical market will allow
Spescom to make significant progress in delivery of solutions based
on the breakthrough technology found in the latest version of our
eB product built on Microsoft's .Net platform." About Spescom
Software Spescom Software is a developer and marketer of
leading-edge content and configuration management software and
solutions for complex applications in energy, homeland security,
defense and other sectors that provide the unique ability to manage
disparate types of content and other data on a single platform. The
Company's proprietary eB platform provides extensive enterprise
content management (ECM) functionality, together with best-of-breed
configuration management capabilities. These capabilities enable
the secure capture and storage of both structured and unstructured
information, in addition to the ability to organize, control and
manage this information. Spescom's eB software solution
revolutionizes data management through an innovative new paradigm
of data management that re-invents how organizations store, track,
access, and use their enterprise's data to maximize efficiency and
guarantee accuracy and integrity of the data. Key customers include
Constellation Energy, Continental Express, AmerenUE, Cities of Las
Vegas and Dayton, Lloyds Register, United Space Alliance, Entergy,
Northeast Utilities, London Underground, Network Rail, and many
others. The Company is headquartered in San Diego, California, with
an international sales and support center in London. Cautionary
Statement Except for historical information contained herein, the
matters set forth in this release include forward-looking
statements that are dependent on certain risks and uncertainties,
including such factors, among others, as market acceptance, market
demand, pricing, changing regulatory environment, the effect of the
Company's accounting policies, potential seasonality and other risk
factors detailed in the Company's SEC filings. For a discussion of
additional risk factors relating to Spescom's business, see
Spescom's annual report on Form 10-K for the fiscal year ended
September 30, 2004 and quarterly reports on Form 10-Q for the
quarter ended March, 2005, including the discussion in Management's
Discussion and Analysis of Financial Condition and Results of
Operations contained therein. Spescom Software Inc. Carl Mostert
(CEO)/John Low (CFO), 858-625-3000 Investor Relations: Trilogy
Capital Partners, Inc. Paul Karon, 800-342-1467 DATASOURCE: Spescom
Software Inc. CONTACT: Carl Mostert, CEO, or John Low, CFO, both of
Spescom Software Inc., +1-858-625-3000; or Investor Relations, Paul
Karon of Trilogy Capital Partners, Inc., +1-800-342-1467, , for
Spescom Software Inc. Web site: http://www.spescomsoftware.com/
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