|By PR Newswire||
|January 23, 2013 06:15 AM EST||
ALLEN, Texas, Jan. 23, 2013 /PRNewswire/ -- Cape Systems Group, Inc., (CYSG) a provider of software technology for packaging design, pallet optimization, inventory and warehouse management, and order fulfillment, today announced management changes at two of its operating subsidiaries, Cape Systems, Inc. and Cape Systems and Consulting Services Ltd.
Mr. Peter Ayling has announced his retirement effective January 31, 2013. Mr. Ayling joined Cape Systems, Inc. over thirty years ago and after selling the company to Cape Systems Group, Inc. in 2005 he continued to head up marketing, international operations and product development from the Company's EMEA headquarters in London. Peter Ayling will be available as a consultant during 2013 after his retirement becomes effective to allow for a smooth transition. The Company takes this opportunity to recognize Peter's accomplishments in creating the Cape Systems Group and in establishing the Cape Pack and Truckfill product lines as the leading software solutions in the branding and packaging industry.
Mr. Brad Leonard, who has been running the Company's western hemisphere operations from Allen, Texas for the last ten years, has been appointed Cape Systems, Inc. President and CEO and will now have full operating responsibility for both locations. Mr. Leonard brings to this new position a proven track record of profitable business operations and growth, combined with a 25 year career in the Packaging Software industry. Mr. Leonard will be charged with guiding the continued development and growth of the Global CAPE branded software products and services.
The Company also announced that Mr. Phillip Blocker has been appointed CFO and Corporate Secretary of the Cape Systems Inc. operating subsidiaries. Mr. Blocker as CFO of Premier Senior Living between 2010 and 2012 obtained funding and built the infrastructure needed to grow from three facilities at $6 million to nine facilities at $22 million with a $2 million EBITDA. He took a $55 million computer distributor public as a new hardware technology manufacturer and is an interim CFO for a public software security company (SFOR) that eliminates identity theft at financial institutions.
About CAPE Systems
CAPE Systems is an international provider of supply chain management technologies. CAPE Systems offers a comprehensive range of software systems and tools, from packaging design and pallet optimization software, to transportation management systems for enterprise wide and collaborative supply chain optimization.
Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward-looking" statements and are made pursuant to safe harbor provisions of the Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward-looking statements.
SOURCE Cape Systems Group, Inc.
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