Kasten Chase Applied Research Limited

Kasten Chase Applied Research Limited

October 06, 2005 16:13 ET

Director Resigns from Board of Kasten Chase

TORONTO, ONTARIO--(CCNMatthews - Oct. 6, 2005) - Kasten Chase (TSX:KCA) today announced Mr. Colin Watson's resignation from the Board of Directors effective October 3, 2005. Mr. Watson has served as a member of the Board as well as Chairman of the Audit Committee for the past 9 years.

Mr. Watson made this decision to resign only after many discussions with various members of the Board of Directors regarding the future direction of the company and after concluding he would like to focus his attention and time on other interests.

Michael L. Davies, Chairman of the Board of Directors of Kasten Chase, thanked Mr. Watson for his many years of service.

About Kasten Chase

Kasten Chase (TSX:KCA) delivers innovative data storage security solutions to mitigate information security risks, meet compliance obligations and reduce the cost and complexity of data storage operations. The Company's award-winning, enterprise-class, storage security solution, utilizes a distributed, scalable architecture to encrypt networked, archive and backup storage. Kasten Chase complements its award-winning technology with business services that assess information risk and audit compliance practices for enterprise storage. Kasten Chase is headquartered in Mississauga, Ontario with offices in Ottawa, Ontario and Sterling, Virginia. Kasten Chase is a certified ISO 9001:2000 company.

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