Municipal Solutions Group inc. Announces Executive Changes
and Restructuring
Victoria, BC, October 25, 2007 - Municipal Solutions Group Inc. (TSX-V: MSZ) (“Municipal Software” or the “Company”) announces the resignation of Iain McLean as President, CEO and Director of Municipal Solutions Group Inc. The Board of Municipal Software has appointed Dennis Asbury, Vice President Sales, as President and CEO.
“We thank Iain for his commitment and vision. He played a central role by leading Municipal Software through major changes over the last three years,” said Chairman, David Roberts. “Iain has been a dedicated, untiring leader and we value his substantial contribution. We wish him every success with his future plans.”
The new President and CEO of Municipal Software is Dennis Asbury. Before joining the Company as Vice President Sales, Mr. Asbury held positions as Vice President Sales & Marketing and Vice President Operations at Harris Computer Systems, a division of Constellation Software (TSX: CSU) that supplies software solutions to municipalities, utilities and schools. Mr. Asbury has a successful track record of meeting sales targets, controlling costs and achieving net bottom line results.
The Company also announced that it has implemented a staff restructuring that will further reduce its operating expenses while maintaining high standards of customer service and support. A total of seven positions have been eliminated across the Company.
“I’m excited to be leading Municipal Software and my objective is to make the Company profitable,” said Mr. Asbury. “These staff reductions are required to meet that goal but I will work to ensure that we continue to provide a high level of service to our customers”.
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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
About Municipal Software Corporation
Municipal Software Corporation (TSX-V: MSZ) provides easily installed, packaged software solutions that manage the everyday business processes of local governments. The solutions are based on 25 years of experience with a product platform that easily adapts to the changing practices of clients. Branded under the CityView name, the company provides a number of highly configurable solutions to automate practices in Property Information, Permits and Inspections, Planning, Code Enforcement, Licensing and Cashiering. CityView Application Builder is a set of application development tools that allows the client to develop unique applications to match specific needs. The company recently launched web-based services under the Local Government Manager™ name for jurisdictions looking for the convenience and cost effectiveness of a hosted application. Municipal Software offers a complete range of services from training and customer support of its suite of products to custom development for unique applications.
For further information about Municipal Software, please contact Dennis Asbury, at (250) 475-6600 x268or via email at Media@MunicipalSoftware.com.
