Interleaf appoints two members to board of directors; New members bring publishing and financial expertise

Interleaf appoints two members to board of directors; New members bring publishing and financial expertise

WALTHAM, Mass.–(BUSINESS WIRE)–July 30, 1996–Interleaf, Inc. (NASDAQ:LEAF), the leading supplier of electronic document management solutions, announced two appointments to its board of directors: Rory J. Cowan, private investor and former chief executive officer of Stream International, and G. Gordon M. Large, Interleaf’s executive vice president and chief financial officer.

As members of the board, Cowan and Large will offer seasoned publishing and financial expertise that will help ensure the company’s continued growth in the dynamic document management market. Cowan is currently a private investor and was formerly executive vice president at R.R. Donnelley & Sons Company and CEO of Stream, a merger of Corporate Software and R.R. Donnelley’s Global Software Services Division. As CEO of Stream, he oversaw the $1.8 billion enterprise with operations in 17 countries and 30 locations. Prior to Stream, Cowan oversaw the Information Resources Sector and managed Asian business development for R.R. Donnelley.

“We are very pleased that Rory Cowan is joining Interleaf’s board of directors,” said Ed Koepfler, chief executive officer at Interleaf. “Rory is a well-known, innovative leader in our industry. While at R.R. Donnelley and Stream, he was a driving force in helping these companies compete and deliver online management of corporate knowledge assets.”

“Having spent the majority of my career at the intersection of computing and imaging, I have long been an admirer of Interleaf technology,” Cowan said. “I look forward to guiding the company in its pursuit of document management solutions that are open, online and critical to customer success.”

Cowan joined R.R. Donnelley in 1988. He was president and CEO of CSA Press, of Hudson, MA, a 1986 acquisition of R.R. Donnelley. Cowan serves on the Xerox New Document Alliance, on the board of directors of Desktop Data and on the Advisory Board of Print on Demand Magazine. He received both his B.A. in 1979 and his M.B.A. in 1981 from Harvard University. Cowan and his family reside in Concord, Mass.

Large joined Interleaf in June 1995. He was previously executive vice president and chief financial officer at Card Establishment Services, Inc., a $750 million processor of credit card transactions. Large is a twenty-year software-industry veteran who directed the finance, accounting and administrative functions at leading software companies including Martin Marietta Data Systems, Pansophic Systems and Systems Center.

“Gordon Large has vast experience in upgrading both infrastructure processes and financial management,” said Koepfler. “This has made Gordon invaluable to Interleaf as an executive, and now a board member.”

About Interleaf

Interleaf, Inc., is the leading worldwide supplier of integrated document applications and services for networked and Web-based business solutions. Its suite of advanced, open software products integrates document management, electronic publishing and Internet technologies, making it easy for customers to assemble, manage, retrieve, distribute and publish business-critical information across the enterprise. Interleaf is headquartered in Waltham, Mass., with offices around the world.

CONTACT: Candace Clemens Emily Fisher

Interleaf, Inc. Schwartz Communications

(617) 768-1451 (617) 431-0770

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