Business Services Industry

Logic Works CFO plans to leave company

Business Wire, March 21, 1996

PRINCETON, N.J.--(BUSINESS WIRE)--March 21, 1996--Logic Works (NASDAQ: LGWX) announced today that Mark Finkel, executive vice president and chief financial officer, will be leaving the Company. Finkel's decision to leave was made jointly with company President and Chief Executive Officer Benjamin Cohen.

Finkel, 41, who joined Logic Works in 1995, will stay on through a transitional period while the Company searches for a new CFO. No specific date has been determined for his departure. Finkel plans to pursue other opportunities upon leaving Logic Works.

"We are appreciative of Mark's efforts throughout the past year, including the important role he played throughout our IPO process," said Cohen.

Finkel commented, "While my tenure at Logic Works has been brief, we have accomplished a lot in the last year. I know I will leave the Company in strong and capable hands and that it will continue as a market leader."

Logic Works is a leading provider of client/server database design and business process re-engineering software solutions. Logic Works' tools are adaptable to a wide variety of leading technologies, providing an open and independent solution. Logic Works is headquartered in Princeton, New Jersey with a Federal office in Vienna, Va., seven additional North American offices, and international offices in Switzerland (European headquarters), the United Kingdom, Germany and Australia. Logic Works also has key distributors in the Far East and 42 countries worldwide.

CONTACT: Logic Works, Inc.

Benjamin Cohen/Mark Finkel, 609/514-1177

or

Thomas Associates, Inc.

Joanne Marlin, 914/697-4787

joanne@thomaspr.com

COPYRIGHT 1996 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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