Intrinsyc Appoints Philip Ladouceur to Board of Directors
Posted on January 31, 2008
Filed Under Tech Biz
Intrinsyc Software International, Inc. (TSX: ICS), a global wireless software solutions provider, today announced that Philip R. Ladouceur, one of
Canada’s foremost technology and telecom executives, has been appointed to serve as an Independent Director on the Company’s Board of Directors, effective immediately. Mr.
Ladouceur brings to Intrinsyc’s Board both CFO and CEO experience in the software and telecommunications industry, including positions at Rogers Communications Inc., Bell
Canada International, Metronet Communications, FutureLink Corp. and Datawire Communication Networks. He has held directorships on a broad variety of boards in Canada, the U.S.
and internationally, including AT&T Canada, Intellispan Inc., Jones Intercable, Comcel and Rogers Communications Inc.
“Philip Ladouceur brings valuable executive experience in the telecommunications industry and has established a strong record of building global businesses and unlocking billions of
dollars of shareholder value,” said Glenda Dorchak, Chairman and Chief Executive Officer, Intrinsyc Software. “Phil’s international background, his deep experience with the
investment community and his track record of significantly growing companies will be powerful assets for the management team as we pursue a strategy of growth and market
leadership in the wireless software industry.”
“Intrinsyc is an exciting company with great potential in the rapidly growing global wireless market space,” said Philip R. Ladouceur. “My past experience as Director and CEO of fast-
growing companies in the wireless communications space aligns precisely with Intrinsyc’s growth path, and I look forward to working with Intrinsyc’s world class management team and
directors to contribute to the execution of the Company’s business plan.”
In conjunction with Mr. Ladouceur’s appointment, Mr. Andrew McLeod has resigned from the Board of Directors of Intrinsyc. “Andrew McLeod successfully served on the Board of
Directors, and during his tenure played a valued leadership role in Intrinsyc’s 2007 equity financing. We thank him for his excellent contribution to Intrinsyc and look forward to our
continued relationship and his support as outside counsel for Intrinsyc,” said Ms. Dorchak. Mr. McLeod will continue to serve Intrinsyc and its Board of Directors as outside counsel in
his role as Partner with the law firm Blake, Cassels & Graydon LLP.
Currently, Mr. Ladouceur is President and Managing Director of Mardale Investments Ltd. In his past role as CEO, President, and Chairman of MetroNet Communications Inc., Mr.
Ladouceur completed private and public financings in excess of $2 billion, including the company’s successful IPO. Mr. Ladouceur also initiated the sale of MetroNet to AT&T Corp. in
1999 for $5 billion. Mr. Ladouceur served as the CFO and Director of Rogers Communications Inc. (TSX: RCI.A), one of the largest cable, cellular, and broadcasting companies in
North America. While at Rogers, Mr. Ladouceur was responsible for the completion of more than $3 billion in public and private financings. In addition, Mr. Ladouceur was the founding
CEO of ISM Information Systems (Alberta) Ltd., which was subsequently acquired by IBM Global Services. He has also served as Chief Executive Officer with SpotWave Wireless,
Datawire Communication Networks and FutureLink Corp. Mr. Ladouceur is past Chairman of the Competitive Telecommunications Association of Canada. He has served on several public and private company Boards of Directors, including the Boards of Datawire Communication Networks Inc. and Breken Group Ltd.
Via TECHSHOWWIRE [tipx/ex]
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