Copernic Inc. Announces the Consolidation of its Operations
12 11월 2008 - 6:10AM
Marketwired
Copernic Inc., (the "Company") (NASDAQ: CNIC), a leading software
development company specializing in internet, desktop and mobile
search products, announced the consolidation of its operations. The
Montreal office will be closed and Sales, Finance and
Administrative functions will be transferred to its Quebec City
offices prior to the end of the first quarter in 2009.
"While we regret the termination of our Montreal based
employees, centralizing our operations in Quebec City will result
in cost improvements, enhance operating synergies and further the
achievement of generating profits to our shareholders in the near
term", stated Marc Ferland, President and CEO of Copernic Inc.
In addition Eric Bouchard, Vice President Marketing and Officer
of the Company, for personal reasons will not be renewing his
employment contract which expires at year end with the Company.
"We thank Eric Bouchard and our Montreal employees for their
many years of service to the Company, and wish them well in their
future endeavours", stated Mr. Ferland.
Furthermore, Mr. David Goldman, Executive Chairman of the Board,
has become Non-Executive Chairman and the Officers of the Company
are Marc Ferland, President and Chief Executive Officer, Claire
Castonguay, Vice President Finance and Controller, Benoit Godbout,
Chief Technology Officer and Dennis Dion, Vice President Sales.
About Copernic Inc.
Copernic Inc. specializes in developing, marketing and selling
cutting-edge search technology, providing innovative home and
business software products and solutions for desktop, web and
mobile users, through its online properties, including
www.mamma.com and www.copernic.com.
With its award winning Copernic Desktop Search� software search
engine product, the Company brings the power of a sophisticated,
yet easy-to-use search engine to the user's PC. Additionally,
Copernic Inc. provides both online advertising as well as pure
content to its vast array of partnerships worldwide through its
well established media placement channels. Copernic handles over
one billion search requests per month and has media placement
partnerships established not only in North America, but also in
Europe and Australia.
More information can be found at www.copernic-inc.com.
Statements contained in this press release, which are not
historical facts, are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements are subject to risks and
uncertainties that can cause actual results to differ materially
from estimated results. Such risks and uncertainties are detailed
in the Company's filings with the Securities and Exchange
Commission and the Ontario Securities Commission. The Company
expressly disclaims and intent or obligation to update any
description of the scope, focus or subject matter of the statements
in this press release.
Contacts: Copernic Inc. Marc Ferland Chief Executive Officer
514-908-4339 Toll Free: 877-289-4682 #139 mferland@copernic.com /
www.copernic-inc.com
Copernic Inc. (MM) (NASDAQ:CNIC)
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