SOURCE: Thinkpath Inc.

July 20, 2006 06:30 ET

Thinkpath Inc. Announces the Appointment of John W. Kennedy to the Position of Vice President, Business Development

TORONTO -- (MARKET WIRE) -- July 20, 2006 -- Thinkpath Inc. (OTCBB: THPHF), a growing engineering services provider, announced today the appointment of John W. Kennedy to the position of Vice President, Business Development. He will report directly to Robert Trick, President and Chief Operating Officer.

Effective immediately, Mr. Kennedy will lead all Thinkpath business development initiatives, with an emphasis on developing and implementing a national sales and marketing program aimed at increasing revenue, growing market share and ensuring a strong competitive advantage. Mr. Kennedy will also plan and execute the integration of future acquired companies' sales teams.

"John is an important addition to Thinkpath's management team. His breadth of sales, engineering and project management experience will be invaluable to helping ensure Thinkpath continues to realize its growth potential and create additional shareholder value by increasing profitability," said Robert Trick, President and Chief Operating Officer. "John brings to this position over 28 years of outstanding experience in project development, engineering operations/management, cost analysis/control, strategic planning and business development."

Mr. Kennedy was most recently President/Owner of The Multitech Group ("TMG"), a New Jersey engineering services company acquired by Thinkpath on June 29, 2006. At TMG, Mr. Kennedy was responsible for the management of all sales and business development programs, engineering functions, project estimations and contract negotiations, as well as overseeing all financial activities including profit and loss responsibility.

Prior to purchasing TMG, Mr. Kennedy was an Account Manager at Sandvik Sorting Systems, a $100 million designer and manufacturer of automated sorting systems and an Operations Manager at Coleman Equipment, a $10 million designer, manufacturer and installer of material handling/bulk handling equipment for the air pollution control industry.

Mr. Kennedy holds a Ph.D. in Industrial Business Management from La Salle University, an MBA in Industrial Processes and a BS in Industrial Engineering from Columbia Pacific University, as well as a BS in Education from Massachusetts College of Liberal Arts (previously North Adams State College). Mr. Kennedy is listed in the "Who's Who in the World" and Strathmore's "Who's Who." He has authored several engineering white papers and is a frequent speaker at industry trade events and regularly provides expert commentary to industry publications and journals. Mr. Kennedy is very active in the community including the Special Olympics and Scouts. In 2005, he received the National Distinguished Eagle Scout Award.

"I'm very excited to join Thinkpath at this pivotal time in its history," said John W. Kennedy. "This marriage of two excellent firms allows us to offer additional services to both companies' customers with the same focus on delivery and performance. The combined size of our sales and production staff will allow us to be the answer to many client needs."


Thinkpath is a global provider of engineering solutions. The Company's engineering and design services cover every facet of the project from concept to SLA prototyping to complete turnkey packages that deliver a finished, operating system. Thinkpath engineers handle the drafting, detailing and parametric modeling. They work in diverse engineering disciplines including aeronautical, civil, electrical, environmental, mechanical and structural engineering. For further information about the Company, please visit

Forward-Looking Statement

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, any statement, express or implied, concerning future events or expectations is a forward-looking statement. Use of words such as "expect," "fully expect," "expected," "appears," "believe," "plan," "anticipate," "would," "goal," "potential," "potentially," "range," "pursuit," "run rate," "stronger," "preliminarily," etc., is intended to identify forward-looking statements that are subject to risks and uncertainties as set forth in our Annual Report on 10-KSB filed Monday, April 17, 2006, particularly those identified in Risk Factors Affecting Our Business. There can be no assurance that any expectation, express or implied, in a forward-looking statement will prove correct or that the contemplated event or result will occur as anticipated.

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