Message #13 From:
NewsBot Date: December 15, 2006 02:00:00 PM
IHS News Ruann Ernst Named to IHS Board of Directors
ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE: IHS) today announced the appointment of Ruann F. Ernst
to its board of directors. Her term will last until 2009. Dr. Ernst also
sits on the for-profit boards of Digital Realty Trust and Ninth House
Networks. In addition, she serves as the President of the Board of Red
Planet Capital, a venture capital entity established by NASA.
“I am delighted to announce that Ruann Ernst
has been elected unanimously to join the IHS board,”
said Jerre L. Stead, IHS Chairman and CEO. “We
are very fortunate to add Ruann’s strategic
and business insights and look forward to leveraging her deep experience
as we continue our initiatives for aggressive, sustainable growth.”
"Ruann’s background and expertise in
technology and governance will be important in helping IHS succeed with
its future growth strategy," said C. Michael Armstrong, lead independent
director, IHS. "The management team is extremely pleased to have an
individual of her caliber join the board of directors."
Ruann Ernst served as Chief Executive Officer of Digital Island, Inc., a
Cable & Wireless company, before retiring in 2002. She was CEO and
chairperson of the board of Digital Island from 1998 until the company
was acquired by Cable & Wireless, Plc. in 2001. From 1979 to 1998, Dr.
Ernst worked for the Hewlett Packard Company and for the General
Electric Company in various computing management positions. Prior to
that, Dr. Ernst was director of Medical Computing and Assistant
Professor of Medicine and Computer Science at The Ohio State University
(OSU) where she focused on biomedical computing including developing one
of the first interdisciplinary Ph.D programs in the country. She also
served as a Congressional Fellow to the U.S. Office of Technology
Assessment.
Dr. Ernst holds BS, MS, and Ph.D degrees from The Ohio State University
(OSU). She also serves on the not-for-profit boards of the Institute for
the Future, the Ohio State University Foundation and on the OSU Fisher
College of Business, and is a founding board member of the Kids Sports
Stars Foundation.
IHS (NYSE: IHS) is one of the leading global providers of critical
technical information, decision-support tools and related services to
customers in a number of industries including energy, defense,
aerospace, construction, electronics, and automotive through two
operating segments, Engineering and Energy. Our Engineering and Energy
segments each represent approximately one-half of IHS’
total revenues. We serve customers ranging from governments and large
multinational corporations to smaller companies and technical
professionals in more than 100 countries. Our customers rely on our
offerings to facilitate decision making, support key processes and
improve productivity. We have been in business for more than 45 years
and employ 2,500 people around the world.
IHS FORWARD-LOOKING STATEMENTS:
This release may contain forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that are not historical facts. Such statements
may include financial projections and estimates and their underlying
assumptions, statements regarding plans, objectives and expectations
with respect to future operations, products, and services, and
statements regarding future performance. In some cases, you can identify
these statements by forward-looking words such as "intend," "may,"
"might," "will," "should," "expect," "plan," "anticipate," "believe,"
"estimate," "predict," "potential," or "continue," the negative of these
terms, and other comparable terminology; however, be advised that not
all forward-looking statements contain these identifying words. These
forward-looking statements, which are subject to risks, uncertainties,
and assumptions, may include projections of our future financial
performance based on our growth strategies and anticipated trends in our
business. These statements are only predictions based on our current
expectations and projections about future events. There are important
factors that could cause our actual results, level of activity,
performance, or achievements to differ materially from the results,
level of activity, performance, or achievements expressed or implied by
the forward-looking statements. Those factors include, but are not
limited to, our ability to obtain content on commercially reasonable
terms from third parties (including Standards Development
Organizations), changes in demand for our products and services, changes
in the energy industry, our ability to develop new products and
services, pricing and other competitive pressures, risks associated with
the integration of acquisitions, changes in laws and regulations
governing our business and certain other risk factors, including those
discussed or identified by us from time to time in its public filings
(which may be viewed at www.sec.gov or www.ihs.com).
Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future
results, level of activity, performance, or achievements. Moreover,
neither we nor any other person assumes responsibility for the accuracy
or completeness of any of these forward-looking statements. You should
not rely upon forward-looking statements as predictions of future
events. Other than as required by applicable law, IHS does not undertake
any obligation to update any of these forward-looking statements after
the date of this release to conform our prior statements to actual
results or revised expectations. Please consult our public filings at www.sec.gov.
