Celartem Inc. Announces New Structure of US Holdings - Extensis.com

Celartem Inc. Announces New Structure of US Holdings

PORTLAND, Ore. and SEATTLE, Wash.,- July 3, 2006 – Celartem Inc., today announced Carlos Domingo has transitioned from his role as President and CEO to Chairman of the Board of Directors effective immediately. Software brands, LizardTech and Extensis have operated as divisions of Celartem Inc. under Domingo’s direction since 2003 and 2005 respectively. The title and responsibility change for Domingo enables him to return to his native country of Spain while continuing his involvement in the company’s overall direction.

Brian Berson has assumed the role of general manager for Extensis while Jim White has taken over as general manager for LizardTech. Berson has been an executive member of the Extensis team for the past three years. He joined Extensis when the font management software company he founded – DiamondSoft – was acquired by Extensis in 2003. Jim White has been with LizardTech for the past eight years as VP of Product Research and Development. Prior to joining LizardTech, White was a team leader of an image processing group at the Los Alamos Laboratories where MrSID® technology was invented.

“As I leave my day-to-day position to chair the Board of Directors, I am confident both companies are in good hands. The restructuring of the organization will better suit the needs of each business unit while maintaining the benefits of a collective finance and operations department,” said Carlos Domingo. “I am proud of the work that we’ve done collectively to strengthen the overall business model and establish new business partners during my time as CEO.”

Additionally, Celartem Inc. has hired Nahhe Nomie to serve as Chief Financial Officer. Nomie’s duties include overseeing finance and operations for both Extensis and LizardTech brands. Nomie has more than 12 years of experience in the financial market most recently working for DecisionPoint Software and Price Waterhouse LLC.


About Extensis
Extensis is a software developer that allows creative workgroups and professionals to streamline their workflow and secure their brand by efficiently and effectively managing their creative assets and fonts. Extensis’ award-winning client/server and desktop products are used by hundreds of Fortune 5000 companies and include Suitcase, Suitcase Fusion, and Font Reserve for font management and Portfolio for creative assets management. Extensis was founded in 1993 and is based in Portland, Oregon, and the United Kingdom. Extensis is a division of Celartem Inc., which is wholly owned by Celartem Technology Inc., (Hercules: 4330). For additional information, visit http://cde.extensis.com or call 1-800-796-9798.

About LizardTech
LizardTech, a division of Celartem, Inc., was founded in 1992 to build valuable business solutions from technologies created by the world’s leading research organizations including Los Alamos National Laboratory (LANL) and AT&T Labs. LizardTech is a leader in applying state-of-the-art technologies to the real-world challenges of managing, distributing, and accessing large complex digital content such as aerial photographs, satellite imagery, and color scanned documents. LizardTech’s software is installed on millions of desktops and integrated into a wide variety of platforms and applications. LizardTech has offices in Seattle, London and Tokyo. LizardTech is a division of Celartem, Inc., which is wholly owned by Celartem Technology Inc., (Hercules: 4330). For more information about LizardTech, visit http://www.lizardtech.com.

About Celartem
Celartem Technology Inc. develops and sells innovative technologies for storage, access and distribution of rich media content. Celartem has developed technology in the areas of digital image compression, scalable image viewing and secure content distribution and management. Celartem is listed on the Osaka Securities Exchange, Hercules:4330. Established in 1996, Celartem is headquartered in Tokyo, Japan and has a wholly owned subsidiary, Celartem Inc. with headquarters in Seattle.

Nicole Andergard
503.274.2020 ext. 129

Justyna Bednarski