Critical Outcome Technologies Inc. Implements Organizational Changes
Critical Outcome Technologies Inc. (COTI) (TSX Venture: COT), announced today the implementation of organizational changes designed to optimize current resources
and position the Company for success in fiscal 2011 and beyond.
The Company’s current Chief Executive Officer (CEO), Mr. Michael Cloutier will be resigning effective
July 1, 2010 to pursue a leadership role in philanthropy. Mr. Cloutier has been COTI’s CEO since
November 2008 and has skillfully guided the company through strategic planning for the future, the
development of many new corporate and government relationships and the recent completion of a
private placement financing. Mr. Cloutier will remain an active member of the Board of Directors
(Board) and continue to have an important role in advising the management team.
for the complete press release, please go to COTI's website.