Sebastien Demers Takes Over the Reins at Komunik
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MONTREAL, QUEBEC, Jul 31 (MARKET WIRE) --
The Board of Directors of Komunik Corporation Inc. ("Komunik")(TSX: KOM)
announces that Sebastien Demers, who occupied the position of Chief
Financial Officer, will assume the role of President, effective August 1,
2008.
Alain Paquin, the current President of Komunik, has announced today his
decision to step down from his position but will stay on as Chairman of
the Board of Directors as well as remain active in key projects for the
company. He will also continue to be a major shareholder of the Company.
"I am convinced that Komunik will be in good hands under Sebastien's
leadership. For the past 12 years, we formed a solid and flourishing
partnership that enabled us to collaborate on the development of many
business projects. Sebastien always demonstrated great management skills
and possesses the abilities necessary to bring Komunik to a new level of
success," explains Alain Paquin. "As for myself, I have decided to
concentrate my efforts on strategic planning activities rather than on
business management."
"Considering all of the important changes that we have accomplished since
the acquisition of Datamark Systems Group inc., we remain confident in
our capacity to successfully complete our transformation, while
maintaining our leadership position in the market," claims Sebastien
Demers." I sincerely thank Alain for his trust and contributions over the
years. I accept this new challenge with much enthusiasm and
determination."
In 1997, Sebastien Demers and Alain Paquin created FokusGroup, a
consulting firm that specialised in interactive marketing and in
information technology. They eventually sold the firm in 2000 to a
company listed on the Toronto Stock Exchange. In 2002, Sebastien, still
in partnership with Alain, participated in the launch of Komunik, where
he managed the firm's financial operations and piloted numerous
acquisition projects.
Mr. Demers completed a MBA at Queen's University. He also obtained a B.A.
in Administration and a degree in Law from the University of Montreal. In
the business world, he is recognised as a top strategist and an
exceptional administrator. His expertise has been recognized with
numerous prizes, notably a Mercure and a first prize at the Electronic
Commerce Gala. After being a finalist in 2001 for the title of
Entrepreneur of the Year, awarded by Ernst & Young, he took home the
prestigious award in 2004 for his accomplishments at Komunik. He is a
member of the Quebec Order of Certified Management Accountants.
About Komunik Corporation
Komunik is a leading provider of end-to-end solutions for Communication
Resource Management. We simplify the management of communication
resources to help our clients increase efficiency and control over their
overall communications.
Komunik develops best of class technology, and provides expertise and
support for document management, multi-channel relationship marketing and
overall print services. Our clients count on hundreds of experienced
employees with experts covering each area of our value proposition. Our
nationwide network of 6 production & project development facilities and 5
distribution centres, touch points in every major Canadian city, as well
as strategically located offices in the United States, ensures that our
clients benefit from local support. For more information about Komunik
visit www.komunik.com.
Cautionary note about forward-looking statements
Some of the statements made in this release may constitute
forward-looking information or statements within the meaning of
securities laws. These statements are based on certain factors and
assumptions, which Komunik believes are reasonable as of the current
date. While Komunik considers these assumptions to be reasonable based on
information currently available to them, they may prove to be incorrect.
Komunik cautions that actual future performance could be affected by a
number of factors, including technological change, regulatory change and
competitive factors, many of which are beyond Komunik's control.
Therefore, future events and results may vary substantially from what
Komunik currently foresees. While Komunik may elect to, it is under no
obligation (and expressly disclaims any such obligation) and does not
undertake to update or alter this information.
Contacts:
Massy-Forget Public Relations
David Barrett
514-842-2455 ext. 15
Mobile: 514-823-3726
dbarrett@mfrp.com
Copyright 2008, Market Wire, All rights reserved.
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