SOURCE: Tectura Corporation

Tectura Corporation

October 20, 2010 12:13 ET

Tectura Announces Leadership Change

SAN MATEO, CA--(Marketwire - October 20, 2010) -  Tectura Corporation, a leading global provider of business consulting services and implementation and integration services relating to Microsoft Dynamics technologies and products, announced today that Terry Petrzelka, its founder, President and Chief Executive Officer, will be retiring and leaving the Company on December 31, 2010. Terry Petrzelka will remain with the company for the next 3 months, and his duties and responsibilities will be focused only on defined projects that are intended to assist the Company in his transition out of Tectura and to maximize the business potential during the remaining months of 2010. Effectively immediately, Petrzelka's other duties and responsibilities will be assumed by Duane Bell, the Company's Chief Operating Officer, who will succeed Petrzelka as President and Chief Executive Officer of the Company effective January 1, 2011. Petrzelka is also resigning from the Company's Board of Directors effective immediately.

"We thank Terry for his years of service to the Company," stated Jerry Poch, Managing Director of FirstMark Capital, the Company's largest investor. "His vision and leadership are responsible for Tectura emerging from a small regional business when it was founded in 2001 to the global firm it is today. We understand Terry's decision to retire but the foundation he has laid will allow the Company to move forward," added Poch. Poch, who will assume the role of Chairman of the Board of Directors effective immediately, also stated, "The Company is a leader in the Microsoft channel and our global presence, industry and solution expertise and our relationship with Microsoft will enable us to continue to grow and expand the level of services we can bring to our clients."

About Tectura Corporation
Tectura is a worldwide provider of business consulting services delivering exceptional service and sustainable value through consulting, software and IT implementation. Our diverse clientele includes mid-sized companies and larger enterprises.

With team members in 20+ countries, Tectura applies its industry knowledge and best practices philosophy to provide Microsoft Dynamics® ERP, CRM and technology solutions throughout the Americas, EMEA, and Asia Pacific. A Microsoft Gold Certified Partner, we maximize our vast technology resources and deep Microsoft expertise to deliver increased efficiency, project acceleration and a competitive edge. Learn more at

Special Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" relating to, without limitation, future economic performance, plans, and objectives of Tectura Corporation for future operations and projections of revenue and other financial items that are based on the beliefs of, assumptions made by, and information currently available to Tectura Corporation. The words "expect," "estimate," "anticipate," "believe," "intend," "plan" and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements in this press release and the assumptions used in the preparation of the forward-looking statements identify and involve important factors with respect to such forward-looking statements, including certain risks and uncertainties, which could cause actual results or the benefits that Tectura Corporation might derive to differ materially from those expressed in or implied by such forward-looking statements.

Products mentioned in this release are registered trademarks or trademarks of their respective holders.

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