Reynolds and Reynolds Shareholders Re-Elect
Three Board Members
DAYTON, Ohio, Feb. 15 At their annual meeting held in
Dayton today, shareholders of The Reynolds and Reynolds Company
re-elected three board members to three-year terms: Eustace W. Mita (46),
executive vice president, Reynolds Transformation Solutions; Philip A. Odeen
(65), executive vice president, TRW Washington Operations; and Donald K.
Peterson (51), president and CEO, Avaya, Inc.
Alan Z. Loren (62), chairman and CEO, Dun & Bradstreet, whose term expired
this year, announced his retirement from the board. "I want to thank Alan for
his contributions since he joined our board in 1996. His strong technology
background and leadership experience added tremendous value to the company.
He stimulated many constructive discussions and introduced many creative
ideas to our board meetings. We all wish him well in his new role at Dun &
Bradstreet," David R Holmes, Reynolds' chairman, said.
Reynolds' board of directors fixed the number of directors that constitute
a full board at 10. The board will conduct a search for Mr. Loren's
replacement and expects to fill that vacancy prior to the company's 2002
annual meeting.
Reynolds and Reynolds, headquartered in Dayton, Ohio, is the leading
provider of integrated information management solutions to the automotive
retailing marketplace. The company's services include a full range of retail
and enterprise management systems, networking and support, e-business
applications, Web services, learning and consulting services, customer
relationship management solutions and leasing services. To find out more about
the company, its vision, products and services, visit http://www.reyrey.com.
Certain statements in this news release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. The forward-looking statements are based on current expectations,
estimates, forecasts and projections of future company or industry performance
based on management's judgment, beliefs, current trends and market conditions.
Forward-looking statements made or to be made by or on behalf of the company
may be identified by the use of words such as "expects," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates" and similar expressions.
Forward-looking statements are not guarantees of future performance and
involve certain risks, uncertainties and assumptions that are difficult to
predict. Actual outcomes and results may differ materially from what is
expressed, forecasted or implied in the forward-looking statements. See also
the discussion of factors that may affect future results contained in the
company's Current Report on Form 8-K filed with the SEC on August 11, 2000,
which we incorporate herein by reference. The company undertakes no obligation
to update any forward-looking statements, whether as a result of new
information, future events or otherwise.