SAND Technology Appoints Zainab Ahmed Schwartz as CFO

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SAND Technology Appoints Zainab Ahmed Schwartz as CFO

On June 18, 2008, Posted by , In Press, With Comments Off on SAND Technology Appoints Zainab Ahmed Schwartz as CFO

Former Quebecor World Inc. Director of Internal Controls 
Adds to SAND’s Executive Strength

Montreal, June 18, 2008. SAND Technology Inc. (OTCBB: SNDTF.DB), an international provider of intelligent enterprise information management software, today announced that Zainab Ahmed Schwartz has joined the firm as Chief Financial Officer and Vice President, Finance and Administration. The previous CFO, Gilles Therrien, relinquished these positions in order to pursue his career in another industry.

“I am most sorry to be losing Gilles Therrien, whose counsel has been very valuable to me”, said Arthur Ritchie, Chief Executive Officer of SAND. “However, the company is privileged to attract a new Chief Financial Officer with the level of ability and experience that Zainab brings to us, and we are confident she will make a strong contribution to our management team”.

Before joining SAND, Zainab Ahmed Schwartz was Director of Internal Controls at Quebecor World Inc. Before this, she was employed at Deloitte & Touche LLP, where she specialized in auditing technology and telecommunications clients – including two of the largest public Canadian telecommunications companies – as well as private software technology companies. She has extensive experience in matters relating to compliance with business regulations in both the US (Sarbanes-Oxley) and Canada.

Zainab Ahmed Schwartz holds a Graduate Diploma in Accountancy from Concordia University in Montreal, along with a Bachelor of Commerce degree from McGill University. She is a member of the Institute of Chartered Accountants of Ontario.

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