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2008-04-29 12:29:00

Point2 Technologies Promotes Zach Scott to Chief Technology Officer

Point2 Technologies Inc. (“Point2”) today announced the promotion of Zach Scott to Chief Technology Officer (CTO), effective April 11, 2008. As CTO, Scott will play a key leadership role, working closely with the Point2 management team to drive continued innovation and development of Point2’s technology strategy and vision. He continues to assume the lead of Point2’s technology development, across the company’s business divisions, as well as responsibility for aligning the company’s technology infrastructure to support strategic growth and expansion plans.

Scott brings to the new post 13 years of technology and software development experience, including 10 years as a senior level technical consultant. During his career, Scott built and led cutting-edge teams at a number of high profile organizations including CGI Group Inc. and, AudeSi, later acquired by Wind River Systems where Scott led development of the company’s world class web based managed network switching software today used in most Cisco and Nortel switches and routers.

Scott is also co-founder of two technology companies including Calgary-based Cambrian House, where he last was Chief Technology Officer and member of the company’s Board of Directors.

“We’re pleased to appoint Zach as CTO,” said Saul Klein, Chief Executive Officer, Point2 Technologies. “In the short time that Zach has been with Point2, he has demonstrated exceptional leadership abilities. He has also introduced progressive technology development processes that have delivered solid productivity gains and that will enable Point2 to further accelerate time to market with advanced solutions to serve our customers.”

“Zach has a track record building outstanding teams and technology. His entrepreneurial vision and unwavering focus on customer needs are characteristics we value highly at Point2,” said Barry Willick, President, Point2 Technologies. “We are thrilled to welcome Zach to our leadership team.”
 
“Point2 is the leader in the markets that it serves, and is poised to capitalize on its unique Internet technologies to extend this position and pursue new markets in the future,” said Zach Scott, Chief Technology Officer, Point2 Technologies. “I am excited to be part of this exceptional team that has consistently set industry benchmarks and is focused on building advanced technology that customers can easily apply to help them compete more effectively and dominate their fields.”

Scott will report to Point2 President, Barry Willick and will work as part of the executive team at Point2’s headquarters in Saskatoon, SK. He joined Point2 in June 2007 and most recently held the position of Director of Systems Development.

About Point2 Technologies Inc.

Point2 Technologies develops and markets web-based software solutions for the real estate and heavy equipment industries. In real estate, Point2 is the largest independent provider of website and listing syndication software for real estate professionals, with over 183,000 brokers and agents subscribing to the Point2 platform, in over 100 countries. Point2’s user base continues to grow by more than 1000 additional members each week. Point2 also owns and operates the real estate consumer search portal, Point2 Homes (www.Point2Homes.com).

In the heavy equipment industry, Point2 is one of the largest providers of e-commerce solutions, powers Caterpillar Inc.’s global heavy equipment dealer network and owns and operates www.UsedIron.com, one of the largest used equipment venues online.

Founded in 1996, Point2 Technologies is privately held and employs a staff of 100 at its headquarters in Saskatoon, SK and its Vancouver, BC offices. More information can be obtained at www.Point2.com.

Point2® is a trademark of Point2 Technologies Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

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