MONTREAL, June 21, 2005 (PRIMEZONE) -- PyraSolutions Management, Inc., a subsidiary of Central Network Communications, Inc. (Pink Sheets:CNCW), announced today the nomination of Mr. Albert Hadida as Chief Technical Officer. Mr. Hadida has over 30 years of solid experience in computer engineering and project management particularly for financial software solutions. Following the successful installation of its Pyramid software at the Hotel-Dieu de Saint-Jerome, PyraSolutions is forging ahead with plans to accelerate the installation at other Quebec hospitals. As such, the Company is structuring and reinforcing its technical team.
Mr. Hadida has extensive knowledge of system's design and support. As the new CTO, he will oversee all the activities related to technical support, training, installation, development, and interfaces management of the Pyramid software. Mr. Hadida has already unveiled the team of highly qualified technical experts who will support him in the day to day running of the department.
"I am convinced that my technical expertise and management experience coupled with the power of the Pyramid solution will accelerate the implementation of this software in Quebec and in the rest of Canada," commented Mr. Hadida. He added, "I am delighted to have the opportunity to actively contribute to PyraSolutions' business expansion and look forward to assuring the implementation of Pyramid in new hospitals."
Mr. Hadida has diversified experience with well-known companies such as IBM, NCR, and Data General including project management, development, and large software installations. He has also developed Aditext, a software solution for the textile industry which has been widely used in Quebec and Ontario for over 18 years. This expertise extends beyond to various fields such as pharmaceutical, retail, and the public service.
Pyramid is a powerful cost management and decision-support software tool that enables healthcare administrators to track and fully evaluate the detailed direct and indirect costs of clinical and medical activities. This software has already been successfully implemented in several hospitals including St-Jerome Hospital which has became the first permanent technology showcase for the Pyramid software solution in Quebec.
Central Network Communications, Inc. is a public company listed on the market under the ticker symbol (Pink Sheets:CNCW). For more information, visit www.cncinc.ca.
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Except for any historic information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934 and are subject to safe harbor created by these sections. Any statements that express or involve discussions with respect to predictions, beliefs, plans, projections, objectives, goals, assumptions of future events, or performances are not statements of historical fact and may be "forward-looking statements". Forward-looking statements in this release may be identified through the use of such words as "expects", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur. Actual results, performance, or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to market its products and services in a competitive environment as well as other factors.