Kanbay CFO Bill Weissman Joins the National Board of Directors of AeA
Kanbay to Provide Insight on Innovation and Transformation
ROSEMONT, Ill., Dec 19, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Kanbay International, Inc., (Nasdaq: KBAY), a global IT services firm focused on providing solutions to the financial services industry, today announced that Bill Weissman, Executive Vice President, Chief Financial Officer, and Secretary of Kanbay, has joined the National Board of Directors of AeA (formerly known as the American Electronics Association), the largest non-profit trade association for the United States technology industry.
The AeA National Board is made up of 50 executives from AeA's 2,500 member companies. Together with other AeA National Board members, Mr. Weissman will provide guidance for AeA's success and strategic direction, and will specifically be part of the Board's Finance&Business Policy Committee. The Finance & Business Policy Committee seeks to promote favorable business conditions for technology companies through programs involving federal fiscal policy, equity debt markets, securities regulation, taxation (tax reform), accounting and corporate governance.
In addition to his AeA National Board membership, Mr. Weissman will also serve on the Midwest Council Executive Board of AeA to promote the Midwest as a region of excellence for technology innovation.
"Through his leadership role at Kanbay, Bill Weissman brings global best practices of financial management expertise to AeA's National Board," said Ed Longanecker, Executive Director, AeA Midwest Council. "Bill will also provide specific insights on innovation and transformation -- two crucial topics that are top on the minds of AeA's members."
"I'm honored to be a part of such a great association. The AeA has a long history of dedication to fostering the growth of the U.S. technology industry and furthering its competitiveness in the world marketplace," said Bill Weissman.
Founded in 1943, AeA is the largest association of high-tech companies in the United States with about 2,500 member companies, representing all segments of the industry and 1.8 million employees. AeA's Midwest Council serves member companies in Illinois, Indiana, Iowa, Kansas, Michigan, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin.
About Kanbay International, Inc.
Founded in 1989, Kanbay International, Inc. (Nasdaq: KBAY) is a global IT services firm focused on the financial services industry. With over 5,000 associates, Kanbay provides its services primarily to banking institutions, insurance companies and securities and investment firms. The company uses a global delivery model to provide application development, maintenance and support, software package selection and integration, business process and technology advice, and specialized services. Kanbay is a CMM Level 5 assessed company headquartered in greater Chicago with offices in the U.S., Canada, U.K., Australia, Hong Kong, Japan, Singapore and India. Further information about Kanbay can be found at http://www.kanbay.com.
