SAND Appoints Duncan Painter as Director
ClarityBlue President Adds Strong Commercial Focus
And International Perspective
WASHINGTON, March 13 /PRNewswire-FirstCall/ -- SAND Technology(TM) (Nasdaq: SNDT) today announced that Duncan Painter, President of the Company's ClarityBlue Customer Intelligence Division has been elected to the Board of Directors. Painter, who runs SAND's highest revenue producing business unit, brings a strong commercial focus to the Board. "The Board and I are very excited to have Duncan join us in this capacity," said Arthur Ritchie, SAND's CEO and Chairman of the Board. "Duncan has truly earned his place on the Board through consistent strong progress in sales and business development in the areas under his direct management and we now look forward to his sales acumen contributing strongly to the Company's revenue growth in all areas. As the second citizen of the European Economic Community on the Board, his appointment also reflects the international flavor of our business." From 1997 until the formation of the ClarityBlue division in 2002, Mr. Painter was the president of SAND Technology's Europe, Middle East and Africa sales operation. Prior to joining SAND, he worked for 14 years in information technology and project implementation, including a period as European Director of Solutions, Sales, and Systems Integration for Hitachi Data Systems. In this role, he increased the division's revenue to more than 26m pounds within three years, and in 1997 he became the youngest-ever board director of Hitachi Data Systems UK." About SAND Technology(TM) SAND Technology empowers organizations worldwide with a better understanding of their business through a better understanding of their business data. SAND Analytic Server-based solutions include CRM analytics, web analytics, and other specialized "Business Intelligence" applications for government and security, healthcare, supply chain management, inventory and production optimization, financial analysis, and strategic planning. SAND's customer intelligence division, ClarityBlue(TM), is a world leader in providing large-scale CRM analytics systems integration solutions. SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe, and is traded on NASDAQ under the symbol SNDT. For more information on Sand Technology visit www.sand.com. Sand Technology, Nucleus, Nucleus Server, N: VECTOR, Nucleus Exploration Warehouse, Nucleus Exploration Mart, Nucleus Exploration Data Warehouse, Nucleus Octopus and MPSO are registered trademarks and, Nucleus Virtual Database (VDB), Nucleus Powered!, Nucleus E!, Nucleus Adviser, Sand Analytic Server, Sand Analytic Warehouse, Analytics @ the Speed of Business, and ClarityBlue are trademarks of Sand Technology Inc. Other trademarks are the property of their respective owners. Certain statements contained in this press release are "forward-looking statements" within the meaning of the United States Private Securities Reform Act of 1995 and are intended to be subject to the safe harbour protection provided by this Act. Such forward-looking statements are based on reasonable assumptions and current expectations, but involve known and unknown risks and uncertainties. Some assumptions may not materialize and unanticipated events may occur which could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Competitive pressures, availability and cost competitiveness of competing products, timing of significant orders, management of potential growth, risks of new business areas, international expansion, decreased demand for computer software and services due to weakening economic conditions and market acceptance of the Sand Nucleus Product Suite are important factors which could cause actual results to differ materially from those projected. More information about factors that potentially could affect Sand's financial results is included in Sand's current Annual Report and in Sand's reports to the Securities and Exchange Commission.RELATED LINKS
SOURCE SAND Technology
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