CIMdata PLM Industry Summary Online Archive

5 January 2007

Company News

SofTech Announces Management Changes

SofTech, Inc . announced several management changes.

Joseph P. Mullaney has given his notice of resignation of his position as President, COO and CFO at SofTech to accept a senior management position at another Massachusetts technology company. Jean J. Croteau has been promoted to President of SofTech. Mr. Croteau is a long-time SofTech Vice President who contributed greatly to the financial turnaround that began in June 2001.

Additionally, Amy McGuire has been promoted to Chief Financial Officer of SofTech. Amy joined SofTech in 2002 when Workgroup Technology Corporation ("WTC") was acquired and became Corporate Controller on August 1, 2004. She was employed by WTC for 5 years prior to that acquisition.

"I would like to thank Joe for his significant contributions over many years at SofTech," said Bill Johnston, SofTech's Chairman. "Congratulations to both Jean and Amy in their new positions and I look forward to working with them to continue to create value for the SofTech shareholders," he added.

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