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.