CHICAGO, Nov. 21 /PRNewswire-FirstCall/ -- Technology Solutions Company (TSC) (NASDAQ:TSCC) today announced that two new sales executives have joined TSC.
Craig Lewis has joined TSC as a Senior Vice President in its Charter practice. Lewis has 22 years of experience in business relationship management, with former responsibilities in sales, field operations, customer care and consulting services. Prior to joining TSC, he held Executive and Global Vice President level positions with software and services firms such as Business Objects, Cadence Design Systems and think3. Lewis received his B.S. in Computer & Systems Engineering at Rensselaer Polytechnic Institute.
Daniel Quirk joined TSC as a Sales Executive in its SAP practice. Quirk is a senior business development professional possessing over 22 years of business, consulting and sales experience. Prior to joining TSC, he was with SAP America for 10 years as a Client Services Executive in both consulting and sales roles. He has extensive professional services sales experience with a focus in the manufacturing, consumer products, and public sector industries. Quirk received his B.S. in Computer Science from Sacred Heart University in Connecticut.
To induce Lewis and Quirk to accept employment with TSC, TSC granted Lewis and Quirk inducement stock option awards for an aggregate of 34,000 shares of TSC's common stock that will vest over three years. These awards constitute inducement awards under NASDAQ Marketplace Rule 4350.
About TSC Technology Solutions Company (TSC), including its division, Charter Consulting, is a leading consulting firm committed to helping its clients grow profitably. We provide high value services in customer value creation and experience management, operational excellence, targeted solutions in enterprise applications, and digital healthcare. We focus on industries that have a strategic need for these services, primarily manufacturing, healthcare and financial services. For more information, please visit http://www.techsol.com/ and http://www.charterconsult.com/ .
CERTAIN FORWARD-LOOKING STATEMENTS AND FACTORS THAT MAY AFFECT FUTURE RESULTS This press release contains or may contain certain forward-looking statements concerning the Company's financial position, results of operations, cash flows, business strategy, budgets, projected costs and plans and objectives of management for future operations as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," and other similar expressions. These forward-looking statements involve significant risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, readers are cautioned that no assurance can be given that such expectations will prove correct and that actual results and developments may differ materially from those conveyed in such forward-looking statements. The Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 for all forward-looking statements. Important factors that could cause actual results to differ materially from the expectations reflected in the forward-looking statements in this press release include, among others, the Company's ability to manage decreased revenue levels; the Company's need to attract new business and increase revenues; the Company's declining cash position; the Company's ability to manage costs and headcount relative to expected revenues; the Company's ability to successfully introduce new service offerings; the Company's dependence on a limited number of clients for a large portion of its revenue; the potential loss of significant clients; the Company's ability to attract new clients and sell additional work to existing clients; the Company's ability to attract and retain employees; the rapidly changing nature of information technology services, including the Company's ability to keep pace with technological and market changes and its ability to refine and add to existing service offerings; the lack of shareholder approved stock options available for grants by the Company to retain existing employees; the Company's ability to successfully integrate the Charter business with its business; and changing business, economic or market conditions and changes in competitive and other factors, all as more fully described herein and in the Company's periodic reports filed with the Securities and Exchange Commission from time to time. Forward-looking statements are not guarantees of performance. Such forward-looking statements speak only as of the date on which they are made and, except as may be otherwise required by law, the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. If the Company does update or correct one or more forward-looking statements, investors and others should not conclude that the Company will make additional updates or corrections with respect thereto or with respect to other forward-looking statements. Actual results may vary materially. DATASOURCE: Technology Solutions Company CONTACT: Sandor Grosz, Chief Financial Officer of Technology Solutions Company, +1-312-228-4500, or Web site: http://www.techsol.com/ http://www.charterconsult.com/
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