Cognosense, a Swiss High-Tech Company, Appoints Mr. Erick Caron, CEO and Delegate of the Board

Cognosense, a Swiss High-Tech Company, Appoints Mr. Erick Caron, CEO and Delegate of the Board

March 14, 2007

    LAUSANNE, Switzerland and BEIJING, March 14
/Xinhua-PRNewswire/ -- The Board of Directors of Cognosense
appoints Mr. Erick Caron as new Chief Executive Officer
& Delegate of the Board of Directors. Mr. Caron also
becomes Chairman and CEO of the company subsidiaries
Cognosense Tech. Ltd in China and will be elected to
Cognosense Board of Directors. Prior to this assignment,
Mr. Caron was "Special advisors of the Board" of
Cognosense since 2006.

    Mr. Erick Caron is of Canadian nationality and is a
telecommunications executive with more than 16 years of
experience at the international levels in the research,
business development, and marketing of high- technology
products. Over the course of these years, he has developed
a significant network of business contacts. 

    His most recent realization includes the introduction
on the stock market of a Canadian high-tech company, where
he successfully held during 3 years the position of
President, CEO, Board Member and shareholder, leading to
the sale of the company last year.

    Prior to this assignment, Mr. Caron spent 12 years with
AT&T and its spin-offs Lucent Technologies and Avaya in
North-America and in Europe, where he managed this IT
Companies business development in Switzerland, Europe, the
Middle East and Africa.

    ABOUT COGNOSENSE 

    Cognosense was founded in 2004 in the Swiss Federal
Institute of Technology in Switzerland where is currently
based the headquarters and has opened in 2006 a subsidiary
named Cognosense Tech. located in China (Beijing). The
company is funded by two Swiss holdings, and private
investors.

    Cognosense is a cutting edge artificial intelligence
technologies company. Cognosense has developed through the
merging of different artificial intelligence outcomes some
cutting edge innovations committed to understand the psyche
of your end users/customers.

    You will find that your industry has an indisputable
added value not only by forecasting change, but also by
automatically generating new revenues. To access, to know,
to predict and to deliver is our mission.

    Cognosense growth strategy consists in expanding its
distribution network by identifying partners whose know-how
and service offer are complementary to our technologies and
whose customer approach and ethics are similar to ours,
with a view to setting up long-term collaboration.


    For more information, please contact:

     Erick Caron
     Cognosense SA
     CEO and Delegate of the Board
     Europe Mobile: [phone]
     Asia Mobile:   [phone]
     Email: [e-mail]
     Web:   http://www.cognosense.com