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Home » Events & Press Centre » Press Releases » Montreal, Canada, February 6, 2001

AD OPT ANNOUNCES NEW EXECUTIVE APPOINTMENTS

2001-02-06

Montreal, Canada, February 6, 2001- AD OPT Technologies Inc. (AD OPT), a leading developer and vendor of advanced workforce management software, is pleased to announce the appointments of Mr. Paul Bourgon CA to the position of Divisional Vice-President, Altitude™ and Mr. Jean-Pierre Servant, LL.B., MBA to Divisional Vice-President, ShiftLogic™.

“We are extremely pleased to welcome these highly qualified individuals to the AD OPT team,” said AD OPT President and CEO Mr. Tom Ivaskiv. “We plan to take full advantage of their combined experience and managerial capabilities as we ramp up for increased sales and other opportunities.”

Mr. Bourgon brings experience in finance and international sales through several key positions with Nortel Networks (1989-1994). At Nortel, Mr. Bourgon rose to the position of Director of Sales for Eastern Europe, a position based out of Paris, France. His duties as Director of Sales included the establishment of distribution and joint venture agreements. Mr. Bourgon was previously employed at Roll-Royce Canada from 1996 to 2000 where he held several senior positions, including Vice President, Industrial Business with worldwide responsibilities for sales, marketing and operation of the Montréal division. Prior to joining Rolls-Royce, Mr. Bourgon was employed at Transcontinental Printing Inc. where he led eight corporate acquisitions.

Mr. Bourgon graduated from Concordia University in 1980 where he received a Bachelor of Commerce degree. He attained his Chartered Accountant (CA) designation in 1983 while employed at Coopers & Lybrand where he worked from 1980 to 1984. He subsequently held senior positions at Rothmans Benson & Hedges as Controller and Director of National Sales from 1984 to 1989.

Mr. Servant brings ample sales and marketing experience to AD OPT, along with a solid legal background. Before joining AD OPT, Mr. Servant was Executive Vice-President at Groupe Québec Amérique, where he was in charge of all sales and marketing for the QA International and QA Digital divisions. Prior to that, Mr. Servant served as Vice-President, International Sales, and Marketing Manager for Groupe Québec Amérique. Before joining Groupe Québec Amérique, Mr. Servant was Regional Manager, Europe, and Sales Manager, Southwest United States, for Alis Technologies. Mr. Servant has also worked as a corporate finance lawyer for one of the largest law firms in Montreal.

Mr. Servant has an MBA in Marketing and International Management from Ecole des Hautes Etudes Commerciales (HEC) in Montreal, Quebec. Mr. Servant also holds a Bachelor’s degree in Law and a certificate in Economics from the University of Montreal. He has been a member of the Quebec Bar since 1990.

Mr. Bourgon and Mr. Servant will jointly assume the responsibilities formerly carried out by AD OPT's Chief Operating Officer, Mr. Peter Alessi who is no longer with the company.

About AD OPT
AD OPT’s products, based on proprietary mathematical algorithms, serve as workforce planning and scheduling tools that allow companies with large and complex scheduling functions to quantify labor costs, enhance planning capabilities, and improve quality of life for employees. This technology, which is the result of more than 15 years of continuing research and development, forms the basis for all the Company’s leading applications: Altitude and ShiftLogic. Currently, the Company is pursuing an aggressive growth strategy that will leverage its workforce scheduling know-how and applications into new labor-intensive vertical markets.

AD OPT is a Montreal based public company with 11,102,332 shares outstanding. The Company’s common shares trade on the Toronto Stock Exchange (TSE) under the symbol “AOP.” For additional information you can visit AD OPT on the World Wide Web at www.ad-opt.com.

For more information, please contact:

Dave Mason
Investor Relations
The Equicom Group Inc.
416-815-0700 ext. 237
416-815-0080 Fax
E-mail: dmason@equicomgroup.com
Internet: www.investorlook.com

Donna Farnworth
Chief Financial Officer
AD OPT Technologies Inc.
514-345-0580 ext. 344
514-345-0422 fax
E-mail : dfarnworth@ad-opt.com
Internet: www.ad-opt.com




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