Vancouver, B.C., Canada - January 25, 2008

Vivonet announced today the appointment of Tom Kakanowski as Vivonet's Chief Technology Officer (CTO), reporting to the President and CEO, Ryan Volberg.For over nineteen years Tom has committed himself to the discipline of developing great software, technology and products.  His sophisticated knowledge in all project phases in systems integration, internationalization, database and business intelligence, real-time, and enterprise systems bring both strong management and technical acumen to the Vivonet team.

Tom will provide leadership for the architecture, development and innovation of Vivonet’s many software systems and services.  His areas of expertise include: analysis, design, development, quality assurance, usability, performance, scalability, security, fault-tolerance within mission-critical environments, best practices for enterprise-level software and hosted systems. Tom holds an MBA and MSc degree, as well as MCSE, MCDBA and PMP certification.  He was also a finalist for the 1998 Canadian IT Excellence award.

“It is with immense pleasure that I welcome Tom to the Vivonet team,” comments Ryan Volberg, President and CEO of Vivonet.  “Tom's hiring comes as a result of a comprehensive search conducted over several months. Tom stood far ahead of every other candidate in terms of his qualifications, experience and values fit.  I am confident that his unique business and technological background will add immense value and help position Vivonet as an industry leader.” 

“Vivonet represents the best of the best in providing and enabling products and services to retailers and restaurateurs,” states Tom Kakanowski.  “Its ability to not only deliver a secure, reliable and easy to use point of sale system but to provide their customers with the business intelligence they need to make effective decisions and grow their business is tremendously exciting!  Vivonet has a strong, dynamic executive leadership group, and has developed a valuable set of tools and services for retailers and restaurateurs. I am excited to further Vivonet’s market and technology strategy and to contribute to its technical innovation.”

Tom Kakanowski will officially join Vivonet on March 3, 2008.  

About Vivonet: 

Established in 1999, Vivonet is an on-demand solutions provider that enables, acquires and organizes millions of transactions every month for customers in the hospitality and retail sectors across Canada and the United States. Vivonet provides on-demand enterprise management, point-of-sale (POS), payment processing and performance benchmarking solutions for its customers. Vivonet’s unique ability to aggregate the transaction data created by its customers allows their customers to benchmark their performance against other users and the industry at large – leading to better performance and higher business success rates.