SOURCE: Westbrook Technologies

June 06, 2005 09:00 ET

Paul Remington Named Chief Financial Officer of Westbrook Technologies

BRANFORD, CT -- (MARKET WIRE) -- June 6, 2005 -- Westbrook Technologies, a leader in document management software, today announced the promotion of Paul Remington to the position of Chief Financial Officer. In this role, Remington will work closely with President and Chief Executive Officer Paul Lord to identify strategic acquisition opportunities, manage all corporate financial functions and oversee regulatory and tax reporting. In addition, Remington will have responsibility for human resources.

A Certified Public Accountant and finance veteran with more than 20 years of experience, Remington most recently served as Vice President of Finance at Westbrook Technologies. In this role, he successfully re-evaluated many of the Company's finance and human resource programs resulting in substantial savings and more robust benefits for employees.

Remington said, "Westbrook is well positioned to expand its market presence and capture new revenue opportunities through strategic acquisitions and international expansion. I look forward to contributing to the management team's goals and bringing the Company to new levels of success."

Prior to joining Westbrook, Remington was Chief Financial Officer for learning management company QuickCompliance where he was responsible for overall fiscal management and leadership of the finance, treasury and human resources departments. Remington was Vice President and Controller of business process outsourcing/Web services organization Engyro where he helped raise $7 million in start-up financing. He was also Vice President of Finance for Kelson Physician Partners, overseeing the finance and treasury departments, internal and external financial reporting and financial analysis.

"Paul's contributions have been instrumental in the Company's continued profitability and success," said Paul Lord, Westbrook Technologies' President and Chief Executive Officer. "His extensive finance, operations and management experience in technology-focused environments will be essential as we build a comprehensive financial infrastructure to fuel our rapid growth."

About Westbrook Technologies

Westbrook Technologies provides document management solutions to businesses of all sizes that need to maintain their competitive edge. The Company develops document management (Fortis and File Magic), Web-imaging (Fortis PowerWeb), ERM and workflow (Fortis Inflo) software in use at thousands of customer sites in 53 countries. Businesses across every vertical market depend on our comprehensive content management solutions and use them to capture, index, store and retrieve their critical information from anywhere -- instantly and securely. For more information, call (800) WHY-FILE or log on to www.westbrooktech.com.

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