EmerGeo Solutions (Kavalmedia ) Appoints New CFO
VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 21, 2008) – EmerGeo Solutions, Inc.. (TSX VENTURE: KAV; “EmerGeo” or “the Company”) is pleased to announce the appointment of Mr. Tony M. Ricci, CA, as Chief Financial Officer (CFO).
Mr. Ricci is a Chartered Accountant with over 20 years of practice experience, mainly with public companies listed on Canadian and US stock exchanges. Mr. Ricci is currently also CFO of Keegan Resources Inc. and was formerly a director and CFO of Norsemont Mining Inc. and Petaquilla Minerals Ltd. and Petaquilla Copper Ltd., companies with a combined market capitalization exceeding $700 million. His expertise involves corporate finance, corporate structure and financial reporting. Mr. Ricci has also been involved as director or officer of numerous other public companies and acted as the finder of TSX listed Carmanah Technologies Corp. Mr. Ricci previously worked at Amec (formerly H.A. Simons Ltd.) and KPMG. Mr. Ricci provides EmerGeo with extensive experience in the areas of corporate finance, acquisitions, financial reporting, corporate governance and accounting, and corporate structure advice.
The Company also wishes to announce that it has changed its fiscal year end from June 30 to March 31 to match the fiscal year end.
About EmerGeo Solutions (Kavalmedia)
Effective May 2, 2008, Kavalmedia acquired EmerGeo Solutions, Inc. (“EmerGeo”), a British Columbia corporation which develops, integrates, resells and supports emergency management software solutions and services. Historically, governments and industry have relied on manual (paper-based) tracking systems and voice communications to coordinate and support emergency response activities and resources. EmerGeo’s mapping software is an OpenGIS (Geographic Information System)-based system designed to streamline information flows among first responders in the field and decision makers in emergency operation centres (“EOC’s”), while also providing a strong interoperability tool between diverse GIS and Enterprise software environments facilitating local, state and federal coordination. EmerGeo’s software also provides an optional interface to Augusta, Georgia based ESi Acquisition, Inc.’s WebEOC crisis management software, giving users an ability to visualize their incident, resources and other data on electronic maps.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
EmerGeo Solutions, Inc. provides consulting services and fully integrated situation awareness technology solutions to help manage risk in Emergency Management, Environment Health & Safety, Security and Business Resilience for government and industry. Our EmerGeo software application provides all decision-makers with timely access to critical information and the decision-support tools needed before, during and after emergencies and major events.
EmerGeo’s unique managed Common Operating Picture (mCOP™) technology allows information stored in siloed systems to be shared securely and in a controlled way among work groups so that all decision-makers are working from the most up-to-date, accurate and validated information available. Our hosted Learning Management System (eLearning) ensures customers can implement our technology and best practices in a cost-effective manner.