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Compuware Corporation
Detroit, January 11, 2008
Chairman and CEO Peter Karmanos, Jr. today announced that he has appointed Jason H. Vines, 47, to the newly created position of Senior Vice President, Compuware 2.0.
Vines’ global responsibilities will include all internal and external communications, investor relations, government affairs and marketing of Compuware’s corporate brand and the brands of its products. In addition, Vines will work closely with Karmanos and other partners in their efforts to continue the revitalization of downtown Detroit and Southeastern Michigan.
“We are absolutely thrilled that Jason is bringing his reputation, enthusiasm, creativity and communication skills to Compuware,” said Karmanos. “This is both a riveting and pivotal time for Compuware, its subsidiaries and our headquarters’ home in the city of Detroit. I am counting on Jason to be an integral part in moving forward in these areas.”
“This job is a dream come true for me,” said Vines, “as I can apply what I have learned over the past quarter century in business, communications, marketing and government affairs to help both a proud company revitalize itself and a great city on the verge of a major renaissance.”
Vines left his position as Vice President - Communication Services for Chrysler LLC in early December after returning to the company in December 2003. Prior to that, Vines served as a Vice President - External Affairs for Nissan North America from April 1998 until February 2000. From 1993 until 1995 while an employee of Chrysler Corporation, he served as Public Relations Executive with the American Automobile Manufacturers Association. From 1995 to April 1998 he held a variety of labor relations, domestic/international public relations, speechwriting and internal communication positions with Chrysler Corporation.
Vines has been married to his wife Betsy (Antos) Vines for 21 years and has three children. They reside in Franklin, Michigan.
Vines is a director on several charitable boards including Judson Center, Forgotten Harvest, CATCH and The Iacocca Foundation. Jason H. Vines is currently Chairman of the Board of the Automotive Hall of Fame.
Compuware Corporation (Nasdaq: CPWR) maximizes the value IT brings to the business by helping CIOs more effectively manage the business of IT. Compuware solutions accelerate the development, improve the quality and enhance the performance of critical business systems while enabling CIOs to align and govern the entire IT portfolio, increasing efficiency, cost control and employee productivity throughout the IT organization. Founded in 1973, Compuware serves the world's leading IT organizations, including more than 90 percent of the Fortune 100 companies.
During the company's third quarter 2008, software license fees were $ 52.0 million compared to $ 53.1 million (excluding divested products) and $ 60.5 million (as reported) in the third quarter last year. Maintenance and subscription fees were 117.6 million dollar in the third quarter compared to 108.5 million dollar (excluding divested products) and 116.6 million dollar (as reported) in the third quarter last year. Revenue from professional services in the third quarter was 60.3 million USD, compared to 91.5 million USD in the same quarter last year.