Pat McNally named President of Office Tech - Thursday, January 29, 2004
FOR IMMEDIATE RELEASE SYMBOL: GISX Thursday, January 29, 2004 TRADED: Nasdaq
PAT MCNALLY NAMED PRESIDENT OF OFFICE TECH, INC.
TAMPA, FL/BELLMAWR, NJ, Jan. 29--Global Imaging Systems, Inc. (Nasdaq: GISX)announced today that Pat McNally, 35, has been named President of Office Tech, Inc., a Bellmawr, New Jersey-based satellite of Capitol Office Solutions, a core Global Imaging Systems company. Mr. McNally joined Global in 1999 as chief financial officer of Capitol Office Solutions.
"Pat's 13 years of experience in the office technology industry coupled with his MBA degree from the University of Maryland University College have made him a significant contributor to Capitol's success," said Steve Rolla, president of Capitol Office Solutions. "His leadership and understanding of the finances and operations of an office products company made him the ideal candidate for president of OTI."
"In addition to creating and enforcing strong operational controls at Capitol," Mr. Rolla continued, "Pat's determination to improve processes has fulfilled his goal of delivering unmatched customer service."
"We are fortunate to have strong leaders throughout the Global family, allowing us to promote from within the company," said Tom Johnson, chairman and CEO of Global Imaging Systems. "We are pleased to have an individual with Pat's experience and industry knowledge take on the leadership role of a company and marketplace with considerable growth potential."
Prior to joining Global, Mr. McNally served in various accounting positions for Ikon Office Solutions for eight years, including district balance sheet manager.
Office Tech, Inc. is based in Bellmawr, New Jersey, with additional offices in Philadelphia and King of Prussia, Pennsylvania. The company has provided office technology solutions to a wide range of customers for more than 10 years.
Capitol Office Solutions, based in Beltsville, Maryland, with branch offices in Baltimore, Virginia and the District of Columbia, sells and services office technology to customers throughout the greater Washington-Baltimore metroplex.
Global Imaging Systems offers thousands of middle-market customers a one-stop shop for office technology solutions from a network of 149 offices in 28 states and the District of Columbia. The company provides the sale and service of automated office equipment, network integration services and electronic presentation systems. The company is also a disciplined, profitable consolidator in the office technology industry.
This news release contains forward-looking statements and statements based on forward-looking information including statements about growth potential in the OTI marketplace. These statements are based on numerous assumptions and are subject to uncertainties and risks. Actual results could differ materially. Factors that might cause Global's results to differ materially include regional and national market conditions and other factors which are discussed in more detail under the caption "Risk Factors" in Global's annual report on Form 10-K for the fiscal year ended March 31, 2003, and in other filings with the Securities and Exchange Commission. -0- /CONTACT: Tom Johnson, Chairman and CEO, Global Imaging Systems, Inc., 813/960-5508 or Investor Relations Consultants, Inc., 727/781-5577 or E-mail: firstname.lastname@example.org/