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Vancouver, BC, August 19, 2002 -- Antarctica Systems Inc, a pioneer developer of information visualization software, is pleased to announce the appointment of Barry Yates as President and CEO, as well as two new Directors: Bryan Plug of Saratoga, CA and Lyle A. Wharton of Vancouver, BC.
Prior to joining Antarctica, Barry Yates was the Senior Vice President of Worldwide Sales & Marketing for Delano Technology Corporation, an eMarketing software company. Mr. Yates joined Delano in 1998 and helped grow the company from 0 to over $US30 million in annual revenues before its recent acquisition by divine. Mr. Yates also has over 10 years of experience as a senior Management Consultant at Bain & Company, KPMG and A ccenture (formerly Andersen Consulting). Antarctica's Founder, Tim Bray, will assume the position of Chief Technology Officer (CTO). Mr. Yates has also been appointed to the Board of Directors.
"The team at Antarctica has built a solid technology foundation. I am very excited about playing a key role in the growth of the company," states Barry Yates, "Given the massive growth of information on the net and within corporations, finding relevant information is getting harder and taking longer, yet existing tools have not kept pace. The natural evolution will be towards products that use visualization to help users intuitively find information. I am confident that Antarctica will continue to lead the development of this emerging market."
Tim Bray, Founder and CTO of Antarctica, who previously founded Open Text (Nasdaq:OTEX), said "The pattern of handing the leadership of a startup to a savvy sales professional has worked for me in the past and I expect it will again. I remain 100% committed to Antarctica and I'm looking forward to supporting Barry and to putting time into technology and evangelism. I'm also tremendously excited about the extra team power we're gaining by adding Bryan and Lyle to our Board."
Bryan Plug is currently President and CEO of Kintana Inc., a provider of Technology Chain Management. He is also the former President and CEO of SMART Technologies, Pandesic and SAP Canada. Lyle Wharton currently sits on the boards of a number of Vancouver area technology companies. He is the former CEO of Fincentric (formerly Prologic Corporation) and Westronic Inc. (acquired by Harris Corporation).
About Antarctica Systems Inc.
With offices in Seattle, WA and headquartered in Vancouver, BC, Antarctica is a pioneer developer of data visualization technology. The flagship product, Visual
Net, enables users to intuitively access information across multiple data sources using visual maps. Antarctica was founded in 1999 by search engine pioneer and XML co-creator Tim Bray. Privately held, Antarctica's investment partners include BDC, Bosa Ventures Inc., Royal Bank Capital Partners, the Working Opportunity Fund and Primaxis Technology Ventures Inc. For additional information, please visit antarcti.ca or call 866-NET-MAPS.
Antarctica and Visual Net are trademarks or registered trademarks of Antarctica Systems Inc. in Canada and foreign countries. All other referenced trademarks belong to their respective owners.
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