And 6 weeks ago.The News READ Bold.What about all the F big Names CYSG doing business with???Man this is Crazy.
Thomas W. Janes Joins CAPE Systems Group, Inc.'s Board of Directors
PISCATAWAY, N.J., Sept 02, 2010 /PRNewswire via COMTEX/ -- Taking another key step in bringing on broadly experienced managers to help restore and guide its growth, CAPE SYSTEMS GROUP, INC. (Pink Sheets: CYSG.PK) a leading provider of supply chain execution technologies and services, today announced that Mr. Thomas W. Janes has joined its Board of Directors, effective immediately. Mr. Janes brings a wealth of experience at both the operational and the board levels of both private and public technology companies.
Thomas Janes is founder and Chief Executive Officer of Kerry Capital Advisors, Inc. (www.kerrycapital.com), a private investment company. Mr. Janes has a 25-year track record of successfully working with management teams in the middle market. Prior to founding Kerry Capital Advisors, he was a Managing Director of Lincolnshire Management and head of Lincolnshire's Boston office where he served as a member of the board of directors of a number of Lincolnshire's portfolio companies, from 2003 to 2010. Prior to Lincolnshire, Mr. Janes was a co-founder and Managing Director of Triumph Capital Group, where he served as a senior member of a private equity team that successfully sourced and managed approximately $900 million in private equity capital. Before entering the world of private equity investing he was an investment banker at Drexel Burnham, First Boston, and Lazard Freres & Co., where he led numerous corporate finance and merger and acquisition transactions. He has an AB degree with honors from Harvard College and MBA from Harvard Business School.
"I am delighted to join the CAPE Board. This is an exciting and challenging time for technology companies generally and software companies especially. There is a huge business opportunity for CAPE, and we will have to move deliberately to capitalize on it," said Mr. Janes. "I look forward to a bright future for CAPE and am committed to helping senior management deliver value to our shareholders."
Hugo Biermann, Executive Chairman of CAPE, said, "We welcome Tom to our Board. His experience as a director as well as a private equity investor in a wide array of companies is a real benefit for CAPE, its employees and its shareholders. We all look forward to Tom's contributions as a new member of our Board. As CAPE returns to growth, it will be key to ensure depth of management at all levels in the Company. Tom's experience in both private and publicly traded companies across a broad spectrum of businesses will be an invaluable asset."
About CAPE Systems
CAPE Systems is an international provider of supply chain optimization technologies. CAPE Systems offers a comprehensive range of software systems and tools, from packaging and pallet optimization software, RFID asset tracking, to integrated warehouse and inventory management solutions, pick-to-light systems, and transportation management systems for enterprise wide and collaborative supply chain optimization. For more information about CAPE visit: www.capesystems.com.
SOURCE CAPE Systems Group, Inc.
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