Manuweb Software Systems Inc.
CNSX : AIV

Advantive Information Management Inc.

Advantive Information Management Inc.

May 31, 2011 19:01 ET

Manuweb Software Systems Inc. (CNSX:AIV) Announces The Appointment of New Directors and Officers

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 31, 2011) - Manuweb Software Systems Inc. (CNSX:AIV) -

THIS NEWS RELEASE IS NOT FOR DISSEMINATION TO US NEWSWIRE SERVICES FOR DISCLOSURE IN THE UNITED STATES

The Boards of Directors of Manuweb Software Systems Inc. (Manuweb) and Advantive Information Management Inc. (AIM) are pleased to announce that effective May 30th 2011 Manuweb has appointed new directors and officers. Van H. Potter will assume the role of President and Chief Executive Officer and Director, and Brian Cameron will assume the role of Chief Financial Officer and Director of Manuweb. John Ragan was also appointed Director of Manuweb concurrent with these appointments. Donald Gordon will remain a Director of Manuweb. These appointments signify the first steps in a process that will result in Manuweb acquiring the remaining common shares of AIM.

ABOUT AIM

Advantive Information Management is a Phoenix Arizona based company that provides IT services and solutions to select vertical markets. Our flagship product, R2 Software, delivers dynamic infrastructure management solutions for the work centers and operations on the manufacturing shop floor. Our products and services limit production downtime by continuously securing critical data and optimizing recovery. We fully integrate the continuous data protection process to the network operation center to ensure highly effective monitoring of all shop floor information technology.

ON BEHALF OF THE BOARD OF DIRECTORS OF MANUWEB SOFTWARE SYSTEMS INC.

Donald Gordon, Director

ON BEHALF OF THE BOARD OF DIRECTORS OF ADVANTIVE INFORMATION MANAGEMENT INC.

Van H. Potter, Director, President and CEO

The forward-looking information contained in this press release is made as of the date of this press release and except as required by applicable law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires the Company to make assumptions that may not materialize or that may not be accurate.

This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.

CNSX does not accept responsibility for the adequacy or accuracy of this release

Contact Information

  • Manuweb Software Systems Inc.
    Brian Cameron
    CFO
    602-865-9356