Kinaxis Corporation



Kinaxis Corporation

August 03, 2010 08:00 ET

Kinaxis Names J. Ian Giffen, Financial and Technology Advisor, to Its Board of Directors

SCM and S&OP Software Service Provider Deepens Expertise of Its Board

OTTAWA, ONTARIO--(Marketwire - Aug. 3, 2010) - Kinaxis, provider of RapidResponse™, an on-demand service for supply chain management and sales and operations planning (S&OP), recently announced that J. Ian Giffen, CA, CF, has joined its Board of Directors. The addition of Mr. Giffen rounds out the extensive expertise represented by the current members of the board and brings an even greater depth in the areas of technology and finance.

Mr. Giffen brings to the Board of Directors more than twenty years of experience serving as CFO, advisor or board director to technology companies and investment funds. He is currently Chairman of The Descartes Systems Group Inc., and a director at MKS Inc., Absolute Software Inc, and RuggedCom Inc., as well as a number of other private companies.

"We're excited to welcome Mr. Giffen to our distinguished Board of Directors," said Doug Colbeth, president and CEO of Kinaxis. "He brings a wealth of experience and knowledge in all areas of technology and finance. His expertise aligns well with the needs of our business. We know Mr. Giffen will prove to be an invaluable resource for us."

"Despite a challenging economy, Kinaxis experienced impressive growth over the past year. This is a testament to its strong leadership, financial wherewithal and robust product offering," said Giffen. "I believe it is an exciting time for the company, and as the newest member of the Board of Directors, I look forward to contributing toward continued success as Kinaxis reaches new milestones."

Mr. Giffen has advised several private venture investment funds and has served on the board of a number of public and private companies including Macromedia Inc., DPS Inc., MGI Software Inc., Delano Technology Inc., Corel Corporation Inc., Certicom Corporation Inc., Financial Models Inc., 724 Solutions Inc., Sierra Systems Inc., Open Text Corporation Inc., DWL Inc., Algorithmics Inc., and Changepoint Inc. Mr. Giffen also served as vice-president, finance and chief financial officer at Alias Research Inc. (until it was sold to Silicon Graphics Inc.)

About Kinaxis

If you are trying to manage volatility and complexity — the new normal in supply chains —and are thinking 'there's got to be a better way,' there is. With a single on-demand service, you can tackle the multitude of S&OP and supply chain management challenges that threaten your financial and operations performance on a daily basis. Mid-market and enterprise companies use RapidResponse to make decisions quickly, collaboratively, and directly in line with their objectives of increasing customer service and reducing inventory. You too can join over 30,000 users across a broad range of industries, including aerospace & defense, consumer products, high tech electronics, industrial, and life sciences, that are already realizing a competitive advantage by leveraging RapidResponse for collaborative planning, continuous performance management, and rapid response to plan variances. Learn more about RapidResponse, or join the industry discussions on our Supply Chain Expert community at: http://community.kinaxis.com/.

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