04.01.2008 21:15:00
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SPSS Names Jack Noonan Chairman of Board
SPSS Inc. (NASDAQ: SPSS), a worldwide provider of predictive analytics
software, today announced that Jack Noonan, 60, has been named Chairman
of its Board of Directors. Noonan replaces Norman Nie, who resigned his
posts as Chairman and Director.
Noonan, who has more than 40 years of experience in the technology
industry, has been President and Chief Executive Officer of SPSS since
January 1992. Since joining the company, Noonan's technological vision
and direction have taken the company from a small organization to a
publicly-held company with more than 40 product offerings. Noonan's
strategy of combining internal development with acquisitions has been
instrumental in the company's growth.
Nie, who co-founded SPSS in 1967, was a Director and Chairman of the
Board since the company’s incorporation in
1975. He also served as Chief Executive Officer from 1975 until 1991.
"On behalf of the Board, we welcome Jack as
Chairman and have great confidence in his experience and leadership to
continue to serve SPSS and its shareholders well,”
said William Binch, Lead Independent Director. "We
also thank Norman for his long dedication and service to the company and
its Board.” About SPSS Inc.
SPSS Inc. (NASDAQ: SPSS) is a leading global provider of predictive
analytics software and solutions. The company’s
predictive analytics technology improves business processes by giving
organizations forward visibility for decisions made every day. By
incorporating predictive analytics into their daily operations,
organizations become Predictive Enterprises—able
to direct and automate decisions to meet business goals and achieve a
measurable competitive advantage. More than 250,000 public sector,
academic, and commercial customers rely on SPSS technology to help
increase revenue, reduce costs, and detect and prevent fraud. Founded in
1968, SPSS is headquartered in Chicago, Illinois. For more information,
please visit www.spss.com.
Safe Harbor Statement
In addition to historical information, this press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, including without limitation, statements regarding the Company’s
expectations, beliefs, intentions or future strategies that are
signified by the words "expects,” "anticipates,” "intends,” "believes,” "estimates”
or similar language. All forward-looking statements included in this
document are based on information available to the Company on the date
hereof. The Company cautions investors that its business and financial
performance and the matters described in these forward-looking
statements are subject to substantial risks and uncertainties. Because
of these risks and uncertainties, some of which may not be currently
ascertainable and many of which are beyond the Company’s
control, actual results could differ materially from those expressed in
or implied by the forward-looking statements. The potential risks and
uncertainties that could cause results to differ materially include, but
are not limited to: the Company’s ability to
predict revenue, the Company’s ability to
respond to rapid technological changes, a potential loss of
relationships with third parties from whom the Company licenses certain
software, fluctuations in currency exchange rates, the impact of new
accounting pronouncements, increased competition and risks associated
with product performance and market acceptance of new products. A
detailed discussion of other risk factors that affect the Company’s
business is contained in the Company’s Annual
Reports on Form 10-K, particularly under the heading "Risk
Factors.” The Company does not intend to
update these forward-looking statements to reflect actual future events.
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