Sylogist Ltd. announced a significant component of its strategic review of the business, has been the Board's pursuit of a new Chief Executive Officer. With the assistance of a highly, regarded professional recruitment firm, the Board participated in a robust, thorough and North America wide search. The Board expects to have a new CEO in place by the end of the month. The new CEO will be charged with a growth mandate, building on the solid and high profitable foundation in place. Effective September 30, 2020, Sylogist's Chief Executive Officer, Jim Wilson retired that office and as a director of the Company. Jim resurrected Sylogist following the dot.com bust in the early 2000's, with an unwavering commitment to strategically driven, profitable growth resulting in tremendous success for all Sylogist stakeholders. Through Jim's vision and direction, Sylogist technology has become broadly recognized as the modern platform of choice for a wide array of mid-market customers, spanning the globe. Sylogist's leadership team comprises individuals who came to the Company through one of the many acquisitions completed during this period. Those individuals, and their acquired operations, have been mentored, integrated, revitalized and encouraged to succeed by Jim, and their foundation for continued success is well in place. Mr. Barry Foster will serve as interim CEO pending announcement of the Company's new Chief Executive.
Sylogist Ltd. is a Canada-based company, which provides software-as-a-service (SaaS) solutions. The Company provides enterprise resource planning (ERP), constituent relationship management (CRM), fundraising, education administration and payments solutions. It operates through three verticals: SylogistMission, SylogistEd, and SylogistGov. It refers its software solutions and related services for customers outside these three verticals as SylogistServices. SylogistGov offers three cloud-based solutions, such as SylogistGov ERP, tailored for local government needs; SAVIN, an advanced victim notification system, and Grants Manager, streamlining award and grant management processes. The SylogistMission caters nonprofits, non-governmental organization (NGOs), and faith-based organizations. SylogistEd offers enterprise resource planning (ERP) and student information systems. The Company offers Time Clock Now, a comprehensive SaaS solution for streamlining time tracking and scheduling.