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RICK ALLEN NAMED TO WORLD TECHNOLOGY SERVICES BOARD OF DIRECTORS Seattle, Washington, January 7, 2002 - World Technology Services Inc. (WTS), the first application service provider (ASP) partner for J.D. Edwards’ collaborative commerce solutions, announced today that Rick Allen, executive vice president and CFO for J.D. Edwards, will be added to the WTS board of directors. "Rick has done an outstanding job of providing leadership for J.D. Edwards, and has been instrumental in helping J.D. Edwards attain recognition as a market leader and provider of robust, integrated, collaborative commerce applications,” said WTS President and CEO Tom Hughes. “Rick is a leading strategic thinker in the world of enterprise software and his background in finance, treasury, legal, real estate, internal audit, investor relations, and business development will be a major asset to the WTS board.” Prior to joining J.D. Edwards in 1985, Allen was the controller for Denver-based Luff Exploration Company (1982 to 1985) and a senior accountant with Coopers & Lybrand from 1979 to 1982. From 1985 to 1990, he served as J.D. Edwards' controller. Allen has been a member of the J.D. Edwards’ board of directors since September 1991. Allen holds a BS degree in business administration with a concentration in accounting from Colorado State University. He is a member of the American Institute of Certified Public Accountants, the Colorado Society of Certified Public Accountants, the Financial Executives Institute, and the Denver Metro Network. "This is a unique opportunity for me to assist with the strategic direction of a highly successful organization in an emerging market,” Allen stated. “I am excited to have this new role and look forward to working closely with the leadership at WTS.” WTS specializes in providing J.D. Edwards OneWorld®, WorldSoftware™, and co-existence hosting services and currently supports over 3,500 users across the United States. WTS President Tom Hughes commented, “We are very pleased to have Rick contributing to the future success of WTS.” About World Technology Services (WTS) CONTACT: Ward Quarles, World Technology Services, 303.334.0480. About J.D. Edwards & Company CONTACT: Tim Stack, J.D. Edwards & Company, 303.334.7452. About WTS | ASP Advantage | Solutions | Case Studies | Contact Us | Site Map
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