Michael Strofolino to lead CRSTL Systems Advisory Board
Former CEO of The Hospital for Sick Children targets blue chip talent
TORONTO, April 27 /PRNewswire/ -- CRSTL Systems, (Corporate Responsibility
System Technologies Ltd.), a leading developer of web-enabled compliance
software today announced that a panel of seasoned industry executives will
serve as a special Advisory Board to the company.
The new Advisory Board's top-flight roster of technology, financial and
business leaders include Michael J. Strofolino, who has been named Chairman of
the Advisory Board and Paul E. Rummell, who will be Senior Advisor.
"CRSTL is strengthened immeasurably by the presence of these two
forward-thinking, experienced executives working on CRTSL's Advisory Board,"
said CRSTL Systems President and CEO Felicia M. Salomon. "Their mix of business
and technology expertise adds great value to our company, and will serve to
further address the needs of our Fortune 500 client base." As Advisory Board Chairman, Mr. Strofolino is responsible for shaping the
company's strategic direction and providing executive insight and feedback on
product lines. He is also responsible for assembling the Advisory Board which
includes business, academic, and legal experts in the fields of management,
technology, compliance, and securities.
"With the current market demand for transparency in business reporting
processes, CRSTL Systems is truly a company in the right place, at the right
time," said Mr. Strofolino. "Investor and industry confidence will only be
achieved when business leaders provide consistency across all reporting
processes, internal controls, and employee relations. CRSTL Systems is well
positioned to help successfully manage this challenge." Mr. Strofolino has worked in a variety of senior management roles both in the
public and private sectors, including The Hospital for Sick Children, the
largest children's hospital in Canada, where he was President and Chief
Executive Officer, from 1994 to 2002.
Paul Rummell, Senior Advisor to the Board of Advisors for CRSTL Systems is one
of the leading IT professionals in North America. As Senior Advisor, Mr. Rummell will provide valuable input on strategic planning, product development
and sales tactics.
Commenting on Mr. Rummell's appointment, Mr. Strofolino said, "Paul's
participation on the Advisory Board adds to CRSTL's already significant
competitive advantage. There are few people in the world who have Paul
Rummell's depth of experience and success." Mr. Rummell has over 30 years experience as an IT strategist, innovator and
project manager in the consulting, financial services, government and service
sectors. He is the former first Chief Information Officer for the Government of
Canada and has testified before the U.S. House of Representatives which is
considering establishing a federal CIO for the United States. He is currently a
Senior Advisor to several major organizations/governments and is on the Board
of Directors and Advisors for several private companies in Canada. He has been
most recently advising Meta Group Canada and Cap Gemini Ernst & Young.
For additional information on CRSTL Systems, Compliance Positioning System
(CPS), please visit our website http://www.crstlsystems.com/ About CRSTL Systems CRSTL Systems (Corporate Responsibility System Technologies Ltd.) is a leading
developer of web-enabled compliance software for publicly traded companies on
the NYSE, NASDAQ and TSX. Established in July 2002, CRSTL Systems
(http://www.crstlsystems.com/) is committed to developing technology based
processes to assist companies in meeting stringent new corporate governance
regulations while reducing the cost of compliance requirements, lessening their
interference with business operations and managing their impact. DATASOURCE: Corporate Responsibility System Technologies Ltd.
CONTACT: Court Elliott, Media Profile, (416) 504-8464,
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