Point2 Technologies Executive Role
Saskatoon, SK and Vancouver, BC – September 20, 2007 – Point2 Technologies Inc. (“Point2”) today
announced that following the resignation of its former CEO, Wendell Willick
last week, his responsibilities have been assumed by Point2’s existing and long
time executive leadership team.
“While unfortunate, the events are completely unrelated to the business of Point2 and have no effect on our business,” said Brendan King, Point2 Technologies chief operating officer. “Our focus remains completely on our customers and on driving breakthrough technologies that set consistently set new benchmarks and position our customers to dominate their field.”
Mr. Willick had a hands off approach to the day to day operations of the business, with the heavy equipment and real estate business division leaders driving the vision, decisions and
operations of the respective businesses.
Willick resigned amidst personal legal charges unrelated to the business of Point2.
About Point2 Technologies Inc.
Point2 Technologies provides online marketing and eBusiness software solutions for the real estate and heavy equipment industries. Leveraging Point2 proprietary and patented technology,
Point2 develops and markets software solutions that enable organizations to conduct business over the Internet more easily and more profitably. The Company is the largest provider of online marketing and lead management software for real estate professionals, with over 150,000 brokers and agents subscribing to Point2 NLS, in 85 countries. Membership in Point2 NLS continues to grow by over 1000 additional members each week. Point2 is also one of the largest providers
of e-commerce solutions to the heavy equipment industry, powers Caterpillar Inc.’s global heavy equipment dealer network and owns and operates UsedIron.com, one of the largest used equipment venues online.
Founded in 1996, Point2 Technologies is privately held and employs a staff of 100 at its headquarters in Saskatoon, SK and its Vancouver, BC offices. More information can be obtained
at www.Point2.com.
Point2® is a trademark of Point2 Technologies Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
Roger Noujeim
Director of Public Relations
Point2 Technologies Inc.
T. 604-675-9393 Ext. 224
C. 415-248-6335
E.rnoujeim@point2.com
Or, if unavailable:
Jason Golding
Chief Financial Officer and General Counsel
Point2 Technologies Inc.
T. 306-955-7900
C. 306-241-0069