View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 8, 1997updated 05 Sep 2016 12:18pm


By CBR Staff Writer

If you had news you wanted to shout from the rooftops, you probably wouldn’t choose to announce it on July 4th lest just about everyone in the US miss it. If, however, you had recently announced first quarter losses of $8m, up from losses of $1m last year, and both your chief operating officer and your chief financial officer had just left the company, you might well hope such news would be lost among the fireworks. Canadian Internet software firm Softquad International Inc announced on Friday that its chief operating officer Michael Cooperman has gone to join XDL Capital Corp, and chief financial officer, Selwyn Wener, has left to pursue other interests. Sales of the company’s HotMetal Pro Web site development tool, which enables non-technical users to create Web sites, seem to be thriving, with first quarter turnover up 86.5% to $5.4m, so it seems the problem is perhaps more management than technical.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.