Computer Modelling Group Ltd.

Computer Modelling Group Ltd.

November 30, 2011 15:58 ET

Computer Modelling Group Announces Appointment of Vice President, Visualization

CALGARY, ALBERTA--(Marketwire - Nov. 30, 2011) - Computer Modelling Group Ltd. (TSX:CMG) ("CMG") is pleased to announce that Robert Eastick has been promoted to Vice President, Visualization effective December 1, 2011.

Mr. Eastick has served as Manager, Visualization and Deployment since he joined CMG in 2007 and has been responsible for the leadership of CMG's Visualization team, including software development planning and execution for CMG's Builder, Results, and Launcher products, working with CMG's simulator development group to support feature additions, software release integration testing, product licensing and installation.

Mr. Eastick is a Professional Engineer with more than 20 years of experience in the software industry, with a focus on user experience. Prior to joining CMG, he was Product Manager at Honeywell Process Solutions, where he oversaw implementation of product strategy and new product roll-out at the multinational corporation. Mr. Eastick holds Bachelor of Science and Master of Science degrees in Chemical Engineering and a Master of Business Administration degree, all from the University of Calgary.

"This appointment is well-deserved," said Ken Dedeluk, President and Chief Executive Officer. "Rob has been a key contributor to the evolution and success of CMG's products - Builder, Results and our Visualization have set our products apart from the rest - and he will add incremental value as a member of our executive team. As our customers' needs and challenges grow, I am confident that CMG has the right team in place to serve those needs and collaboratively meet those challenges."

Computer Modelling Group Ltd. is a computer software technology and consulting company serving the oil and gas industry. CMG, recognized by oil and gas companies worldwide as a leading developer of reservoir modelling software, has sales and technical support services based in Calgary, Houston, London, Caracas and Dubai. CMG is the leading supplier of advanced processes reservoir modelling software in the world with a blue chip client base of international oil companies and technology centers in approximately 50 countries. The Company's shares are listed on the Toronto Stock Exchange under the trading symbol "CMG."

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