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Printcafe Appoints Tim Daisy as Product Manager, Completes Reorganization

Thursday, September 05, 2002

Press release from the issuing company

Industry Veteran, Tim Daisy, Assumes New Role Leading Introduction of Solutions Linking Print Manufacturing and Business Processes, Substantially Completing Recent Reorganization PITTSBURGH, Sept. 4 -- Printcafe Software, Inc., the operating system for print, has named Tim Daisy, product manager for cross-platform, computer integrated manufacturing (CIM) solutions. Previously, Mr. Daisy was part of the team that developed the award-winning Printcafe PrintFlow add-on module for dynamic scheduling. He will now help to define and execute the product strategy for developing new solutions to bridge the gap between print manufacturing and business management. "Tim Daisy is very well-suited for this new role. He played a significant part in helping to make PrintFlow such a valuable add-on module for our management systems," said Bob Bierwagen, senior vice president of product management with Printcafe. "As a leading provider of software solutions for the print industry, we're well positioned to link our customers' production equipment to their Printcafe print management systems and we believe Tim is the right person to lead the charge in product management." As part of its ongoing efforts to enhance its products and services, improve customer support and satisfaction and generate cost savings, Printcafe also announced that it has substantially completed its corporate reorganization. These efforts resulted in a reduction in workforce of approximately 40 employees and an annual cost savings of approximately $2.5 million. The Company now has approximately 325 employees. During the third quarter, the Company expects to take a restructuring charge of approximately $600,000 to cover the costs of severance and other expenses related to the reorganization.




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