CIMdata PLM Industry Summary Online Archive

October 21, 2004

Company News

Geac appoints Eric Rosenfeld to Board of Directors

Geac Computer Corporation Limited , a global enterprise software company dedicated to addressing the needs of CFOs, today announced that its Board of Directors has appointed Eric Rosenfeld of New York-based Crescendo Partners, L.P., as director of the Company, effective immediately.

"During the last many weeks, the Board's Corporate Governance and Nominating Committee has had the opportunity to conduct a full and proper review of Eric's credentials and candidacy, and we are delighted to welcome him to the Board of Geac," said Kent Jespersen, Chairman of Geac. "Eric's experience with mergers and acquisitions, his understanding of the technology sector and his focus in the public company arena will be strong assets for Geac as we continue to examine the best possibilities for growth and value for the benefit of employees, customers and our shareholders. We are particularly pleased that Eric and our CEO have developed a good working relationship."

Mr. Rosenfeld has been President and Chief Executive Officer of Crescendo Partners, L.P., an investment firm based in New York, since its formation in 1998. Crescendo and its affiliates own approximately 5% of the issued and outstanding shares of Geac.

Prior to forming Crescendo Partners, Mr. Rosenfeld held the position of Managing Director at CIBC Oppenheimer and its predecessor company Oppenheimer & Co., Inc. He received an MBA from Harvard University and an BA degree in Economics from Brown University. He was Chairman of the Board of Spar Aerospace Limited from 1999 through 2001 until its sale to L-3 Communications. Mr. Rosenfeld is also Chairman, President and Chief Executive Officer of Arpeggio Acquisition Corporation, Chairman of CPI Aerostructures, Inc. and Computer Horizons Corp., and a director of Sierra Systems Group Inc. and Emergis, Inc.

Mr. Rosenfeld is a regular guest lecturer at Columbia Business School and is a member of the faculty of Directors College. He has served on numerous panels at Queen's University Business Law School Symposia, McGill Law School and the World Presidents' Organization. Mr. Rosenfeld has also been a regular guest host on CNBC.

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