Matrikon Adds Senior Executive to Expand Global Market Presence

Matrikon accelerates growth through expansion of corporate management

team



Apr 18, 2001, 01:00 ET from Matrikon Inc.

    EDMONTON, April 18 /PRNewswire/ - Matrikon Inc. (MTK.TO) today announced
 the appointment of Nand Ramchandani, PhD as Director of Marketing. Ramchandani
 brings more than 10 years of senior management, marketing and business
 development experience with technology-based companies worldwide.
     As Director of Marketing, Ramchandani will be responsible for
 accelerating Matrikon's growth through strategic positioning of Matrikon's
 products and services in the global market.
     "Nand is an integral addition to Matrikon's management team," stated
 Nizar Somji, Matrikon's President and CEO. "His background as a senior-level
 executive with world-class technology companies will assist us in further
 penetrating markets both domestically and abroad. Nand's international
 expertise coupled with Matrikon's leading-edge technology solutions will be an
 important part of our global growth strategy."
     Ramchandani was formerly the Vice President of Siemens ITPS (IT Products
 and Services) group based in Singapore and the World Wide Director of Sales
 (Oil and Gas) for Gensym Corp. based in Cambridge, Mass. He also sits on the
 Board of Directors of Oil Movement Systems based in Houston and holds
 technology steering positions with the Asia Pacific Pipeline Consortium and
 1st Silicon (Malaysia) Sdn.
     According to Ramchandani, "Matrikon is redefining IT for manufacturing
 facilities with its innovative products and creative technology solutions. I
 am excited to be joining an organization that is increasing its market
 presence with such energy, and the possibilities for taking that growth even
 further are evident."
 
     About Matrikon
     Founded in 1988, Matrikon is a leading integrated solutions provider
 specializing in supply chain and process management solutions for the
 manufacturing industries. Matrikon is headquartered in Edmonton, Alberta with
 offices throughout North America and employs over 300 people.
     Matrikon's products and services help clients turn the massive volumes of
 data they collect into information - the new currency.
     Matrikon's client list includes industry leaders in oil and gas,
 petrochemicals, pipelines, cement, utilities, pulp and paper, pharmaceuticals,
 and food and beverage processing.
 
     Forward Looking Statements
     The press release contains forward-looking statements. When used in this
 press release, the words "anticipates", "designed to", "will", "are confident
 that" and similar expressions are intended to identify such forward-looking
 statements. Actual events or results may differ materially from those
 described in the forward-looking statements due to a number of risks,
 uncertainties and other factors, including but not limited to, the market
 demand for Matrikon's product and service solutions, intensity of competition,
 general economic and industry conditions, and delays or difficulties in
 programs designed to increase sales. Forward looking statements are based on
 management's estimates, beliefs and opinions on the date the statements are
 made. Matrikon assumes no obligation to update forward-looking statements if
 circumstances or management's estimates, beliefs or opinions should change.
 
 

SOURCE Matrikon Inc.
    EDMONTON, April 18 /PRNewswire/ - Matrikon Inc. (MTK.TO) today announced
 the appointment of Nand Ramchandani, PhD as Director of Marketing. Ramchandani
 brings more than 10 years of senior management, marketing and business
 development experience with technology-based companies worldwide.
     As Director of Marketing, Ramchandani will be responsible for
 accelerating Matrikon's growth through strategic positioning of Matrikon's
 products and services in the global market.
     "Nand is an integral addition to Matrikon's management team," stated
 Nizar Somji, Matrikon's President and CEO. "His background as a senior-level
 executive with world-class technology companies will assist us in further
 penetrating markets both domestically and abroad. Nand's international
 expertise coupled with Matrikon's leading-edge technology solutions will be an
 important part of our global growth strategy."
     Ramchandani was formerly the Vice President of Siemens ITPS (IT Products
 and Services) group based in Singapore and the World Wide Director of Sales
 (Oil and Gas) for Gensym Corp. based in Cambridge, Mass. He also sits on the
 Board of Directors of Oil Movement Systems based in Houston and holds
 technology steering positions with the Asia Pacific Pipeline Consortium and
 1st Silicon (Malaysia) Sdn.
     According to Ramchandani, "Matrikon is redefining IT for manufacturing
 facilities with its innovative products and creative technology solutions. I
 am excited to be joining an organization that is increasing its market
 presence with such energy, and the possibilities for taking that growth even
 further are evident."
 
     About Matrikon
     Founded in 1988, Matrikon is a leading integrated solutions provider
 specializing in supply chain and process management solutions for the
 manufacturing industries. Matrikon is headquartered in Edmonton, Alberta with
 offices throughout North America and employs over 300 people.
     Matrikon's products and services help clients turn the massive volumes of
 data they collect into information - the new currency.
     Matrikon's client list includes industry leaders in oil and gas,
 petrochemicals, pipelines, cement, utilities, pulp and paper, pharmaceuticals,
 and food and beverage processing.
 
     Forward Looking Statements
     The press release contains forward-looking statements. When used in this
 press release, the words "anticipates", "designed to", "will", "are confident
 that" and similar expressions are intended to identify such forward-looking
 statements. Actual events or results may differ materially from those
 described in the forward-looking statements due to a number of risks,
 uncertainties and other factors, including but not limited to, the market
 demand for Matrikon's product and service solutions, intensity of competition,
 general economic and industry conditions, and delays or difficulties in
 programs designed to increase sales. Forward looking statements are based on
 management's estimates, beliefs and opinions on the date the statements are
 made. Matrikon assumes no obligation to update forward-looking statements if
 circumstances or management's estimates, beliefs or opinions should change.
 
 SOURCE Matrikon Inc.