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Attention Business Editors
Matrikon(TM) announces Nimal Rodrigo's plans to step down as CFO
EDMONTON, Feb. 21 /CNW/ - Matrikon Inc. (TSX:MTK) today announced that
chief financial officer Nimal Rodrigo will resign as of July 31, 2006 for
personal reasons.
Amin Rawji, president and chief executive officer of Matrikon commented:
"We thank Nimal for his contributions to Matrikon over the past year and a
half, including the tremendous leadership he has provided to the financial
team. We are sad to accept his resignation, however we are appreciative of his
commitment to ensuring a smooth transition to the new CFO."
"We are affirming our previous guidance for fiscal year 2006 revenue
growth of 10% to 15% and net income growth of 34% to 62%," continued Rawji.
"I've greatly enjoyed my time at Matrikon and am grateful for the
opportunities it has presented to me," stated Nimal Rodrigo. "I look forward
to helping ensure a smooth transition once a new CFO has been found."
Matrikon will begin an external search for Nimal's replacement
immediately to allow ample transition time prior to July 31.
About Matrikon
Matrikon is a leading provider of industrial intelligence solutions that
enable manufacturing plants to achieve operational excellence by transforming
production data into knowledge to predict and prevent problems and optimize
operations. Matrikon's customers achieve agile operations through the
combination of external market and plant data to make informed, intelligent
decisions in real-time. With offices in major cities throughout North America,
Australia, Europe and the Middle East and a global client base including
industry leaders in a wide range of process industries, Matrikon's reach is
global.
Matrikon is a trademark or registered trademark of Matrikon Inc.
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/For further information: Nicole Sayler, Matrikon Investor Relations,
Phone: (780) 945-4010, nicole.sayler@matrikon.com;
To request a free copy of this organization's annual report, please go to
http://www.newswire.ca and click on Tools for Investors./
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