Skip to main content

Computer Modelling Group Announces Director Appointment

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta, Jan. 20, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) today announces that Mr. John Billowits has been appointed to the Board of Directors effective January 20, 2021.
Mr. Billowits brings deep software domain experience to CMG and currently holds Director positions with Constellation Software Inc. (“Constellation”), an international provider of market-leading software and services to a number of industries in both the public and private sectors, of Togetherwork, a privately held vertical market software company and of Topicus.com, a European provider of vertical market software and vertical market platforms to clients in both the public and private sectors. Until 2020, he served as Chief Executive Officer of Vela Software, a subsidiary of Constellation which manages and builds industry specific software businesses globally. Prior to that, Mr. Billowits served as Chief Financial Officer of Constellation and was President of the Jonas Operating Group. Before joining Constellation, Mr. Billowits held a number of roles with Bain & Company, Dell Computers and PwC. Mr. Billowits is a Chartered Professional Accountant, holds an MBA with Distinction from the London Business School and an Honours BBA with Distinction from Wilfrid Laurier University.CMG Board Chair John Zaozirny commented, “John is an accomplished software executive whose leadership has helped a number of software companies improve market and product success. John’s skills and experience are a welcome complement to CMG’s Board and we look forward to his contributions.”Computer Modelling Group Ltd. is a computer software technology and consulting company serving the oil and gas industry. CMG, recognized by oil and gas companies worldwide as a leading developer of reservoir modelling software, has sales and technical support services based in Calgary, Houston, London, Dubai, Bogota and Kuala Lumpur. CMG is the leading supplier of advanced processes reservoir modelling software in the world with a blue chip client base of international oil companies and technology centres in approximately 60 countries.For further information, please contact:Ryan N. Schneider
President & CEO
(403) 531-1300
ryan.schneider@cmgl.caorKelly Tomyn
Interim Vice President, Finance & CFO
(403) 531-1300
kelly.tomyn@cmgl.cawww.cmgl.ca

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.