LAVAL, QC, March 18 /CNW Telbec/ - 20-20 Technologies Inc. (TSX: TWT), the world leader in 3D interior design and furniture manufacturing software, today announced that Mr. Ghislain St-Pierre completed his mandate as a Member of the Board of Directors of the Company as of March 16, 2010. Mr. St-Pierre elected not to seek re-election at the Company's Annual Meeting of Shareholders.
20-20 Technologies wishes to thank Mr. St-Pierre for his significant contribution to the Company as a member of its Board of Directors for the past twelve years and wishes him well in his future endeavors. Despite his departure from the Board of Directors, Mr. St-Pierre will continue to act as a special strategic consultant to the Company, thereby allowing 20-20 Technologies to further benefit from his substantial expertise in the technology sector.
The Company is pleased to announce the election of Mr. David Moszkowski, a highly regarded chartered accountant, to replace Mr. St-Pierre on the Board. Mr. Moszkowski has extensive experience with public companies acting in the technology and software markets. He is currently acting as a consultant to several public and private organizations. Previously, Mr. Moszkowski served as Chief Financial Officer and Vice-President of Fieldturf Tarkett Inc. The Directors of the Company extend a warm welcome to Mr. Moszkowski, who brings a wealth of experience to the Board. The newly re-elected Board, with the contribution of Mr. Moszkowski, looks forward to achieving the Company's strategic objectives, embarking on a new era of growth and value creation for its shareholders.
About 20-20 Technologies Inc.
20-20 Technologies is the world's leading provider of computer-aided design, business and manufacturing software solutions tailored for the interior design and furniture industries. Dealers and retailers use its desktop and Web-based products and solutions for the residential and commercial markets. 20-20 offers a unique proprietary end-to-end solution, integrating the entire breadth of functions in interior design. It provides a bridge for data communication from the point-of-sale to manufacturing and world-leading enterprise resource planning (ERP) systems, including computer-aided engineering and plant floor automation software. Operating in 12 countries with more than 500 employees, 20-20 is a publicly traded company (TWT) on the Toronto Stock Exchange (TSX). For more information, visit www.2020Technologies.com.
SOURCE 20-20 Technologies Inc.
For further information: For further information: Media Relations: Jean Mignault, Executive Chairman of the Board and Chief of Strategic Direction, (514) 332-4110