CHICAGO, July 14, 2006 (PRIMEZONE) -- eNucleus, Inc. (Pink Sheets:ENUI), the Chicago-based software and business process outsourcing services company, today announced that Al Case has been elected chairman of the board of directors and an executive officer of the company, effective July 12, 2006. Case has over 30 years of experience in the software industry, in a variety of positions ranging from director of management information systems for Ryder System, Inc. (NYSE:R) to division president of Gartner, Inc. (NYSE:IT, IT-B), the world's largest information technology research and advisory firm. Case has been a member of the board of directors of eNucleus since June 2005, and has worked closely with president and chief executive officer Randy Edgerton on a variety of marketing and corporate communications projects. Since 2003, when he left Gartner, Case has been an independent management consultant working with a variety of start-up and turnaround business operations. Case is a former advisory board member to Sky Capital Holdings, Inc. (SKY.L), a Wall Street-based broker dealer, and serves on the board of directors of Turbodyne Technologies, Inc. (TRBD.OB) as well as several private companies including Turnpike Software, LLC and TechSpend, LLC.
At the same time, eNucleus founders, Messrs. Dhru Desai and John Paulsen resigned as officers and directors of the company. Mr. Paulsen had discussed, with the board, the possibility of retiring from the eNucleus board for some time to spend more time on his other projects. Mr. Desai commented, "My partner John and I have used our expertise to build a solid portfolio of products and services for eNucleus, through acquisition. Now it is time to switch the focus from acquisition to operation mode. As significant shareholders in the company, we are both pleased that Al Case, who has been a very active board member, has agreed to assume the role of executive chairman and devote his full-time expertise to eNucleus. Having brought in a very qualified board of directors, we feel that our investment is in good hands. This gives John and me, the ability to focus our merger and acquisition strategies on other projects."
Randy Edgerton, president and chief executive officer said, "It has been a great experience working with John and Dhru. As we move into this next phase of our business, we all feel confident that Al Case and our board members can contribute tremendously to the continued growth of eNucleus."
About eNucleus
eNucleus provides business process solutions that enable any organization to increase productivity and reduce costs through its suite of "off the shelf" Internet-based software products and services. The Company's business software and service applications are installed in 22 countries on five continents, in multiple languages, touching over 250,000 lives. For more information on eNucleus solutions, go to www.enucleus.com.
Forward-Looking Statements
The information contained in this press release, including any "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 contained herein, should be reviewed in conjunction with the Company's annual report, financial filings and other publicly available information regarding the Company, copies of which are available from the Company upon request as well as with its periodic SEC filings. Such publicly available information sets forth many risks and uncertainties related to the Company's business and such statements, including risks and uncertainties related to that are unpredictable and outside of the influence and/or control of the Company.