Seagull Software Names New Acting CFO.

M2 Presswire, March, 2007

M2 PRESSWIRE-1 March 2007-Seagull Software: Seagull Software Names New Acting CFO(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:01032007 London, UK - Seagull Software today announces that, in light of the position of the Chief Financial Officer of the Company becoming redundant upon completion of Rocket Software's proposed acquisition of the shares of Seagull Holding N.V., the Company and Mory Motabar, Chief Financial Officer, have now reached agreement on termination of Mr.

Motabar's employment. During the interim period between this announcement and the contemplated closing of the transaction Mr. Michael Haynes, Director of Finance for Seagull Software for three years, has been named Acting Chief Financial Officer. This is a press release pursuant to section...