Kinaxis Names Richard Monkman as Chief Financial Officer

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Response management software provider expands executive talent as it continues aggressive course of profitable growth.

Richard and his team will deliver value beyond the P&L line by ensuring the finance agenda aligns, influences and delivers on Kinaxis’ overall corporate strategy.

Kinaxis™ Inc., formerly Webplan, a provider of Response Management solutions for improving manufacturing operations performance, has appointed Richard G. Monkman to the position of chief financial officer and vice president of corporate services.

Richard brings to the Kinaxis management team more than 25 years of finance and operations experience, the majority of which comes from within the high-tech industry. With a broad technical and financial skill set, and a rich career history in financing, business development, and corporate growth and restructuring, Richard possesses the right mix of experience for this strategic role.

“With our recent success and our aggressive plans for the future, it became critical to hire a senior finance executive to help lead us through the next phase of our growth and development,” said Douglas Colbeth, chief executive officer of Kinaxis. “Richard and his team will deliver value beyond the P&L line by ensuring the finance agenda aligns, influences and delivers on Kinaxis’ overall corporate strategy.”

Kinaxis, which has a strong history of revenue growth and a solid cash position, has successfully delivered tangible results to its investors since its inception in 1984. Its RapidResponse software is increasingly being recognized by global manufacturing leaders as key to gaining operational and customer service competitive advantages by facilitating a more effective way to manage the constant stream of demand, supply, capacity and product changes experienced on a daily basis.

“I am very excited to join Kinaxis and contribute to the company’s ongoing pursuit of product and customer service excellence, and its values of financial discipline and accountability,” said Richard Monkman. “I am impressed with what I have seen of this organization, and I believe its innovation, experience and passion will no doubt drive great things in the future.”

Prior to joining Kinaxis, Monkman held CFO and other senior finance positions with leading public and private high technology companies; most notably, he has held senior finance roles with Nokia, SHL Systemhouse and ISM Corp.    

In addition to his Chartered Accountant designation, Richard holds both a Master of Applied Science degree and a Bachelor of Mathematics degree from the University of Waterloo.

About Kinaxis

Kinaxis stands alone in delivering Response Management solutions that provide operations performance management for manufacturing. RapidResponse extends beyond traditional supply chain planning systems to allow global leaders such as Casio, Coty, Honeywell, Jabil Circuit, Raytheon and Solectron to access real-time information; quickly collaborate to reach optimal decisions that align with corporate objectives; and rapidly drive effective action when faced with constant changes at the point-of-action. For more information, visit the Kinaxis web site at http://www.kinaxis.com or the company’s blog at blog.kinaxis.com.

Copyright (c) 2005 Kinaxis Inc. All rights reserved. Kinaxis and Kinaxis Live Scorecard are trademarks of Kinaxis Inc. All other brands and product names are trademarks or registered trademarks of their respective owners and should be treated as such.

For more information please contact:

Lori Smith

Tel: +1-613-592-5780 ext. 5297

Brittany Morris

Ruder Finn

Tel: +1-312-329-3983

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Lori Smith
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