QUEBEC, Oct. 9 /CNW Telbec/ - Fortsum Business Solutions Inc. (Fortsum
Business Solutions) (TSX Venture Exchange: FRT), as part of an on-going
restructuring process, announces today the departure of Louis St-Hilaire,
Vice-president, Business Development - Major Accounts and Public Sector.
"This latest corporate reorganization step is in keeping with
Management's strategy to streamline its structure in order to cut management
costs and maximize the Corporation's financial performance. This will in turn
increase our value in the eyes of our shareholders and potential investors,"
said the Corporation's new Chief Executive Officer, André Thompson. "The
Corporation's activities and priorities have evolved and now's the time to
take strategic actions necessary to reap maximum benefits from our activity
sectors while staying the course of our growth plan as presented to our
shareholders," added Thompson. "In this light, we heartily thank
Louis St-Hilaire for his contribution to Fortsum Business Solutions and wish
him the best in his future endeavours," concluded André Thompson.
This press release may contain forward-looking information. Statements
based on current management expectations involve inherent risks and
uncertainties, both known and unknown. Actual results may vary from forecasts.
The reader should not place undue faith in forward-looking information.
Fortsum Business Solutions Inc. is mainly involved in the development,
marketing, integration and support of accounting, commercial and banking
software. For more information: www.fortsum.com.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of the release.
For further information:
For further information: André Thompson, Chief Executive Officer,
firstname.lastname@example.org; Dany Beaudet, Corporate Communications Coordinator,
email@example.com, (418) 877-3003, ext. 2272, Toll-free: 1-888-268-0088,
Fax: (418) 877-9994