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Remsoft President named Canadian Woman Entrepreneur of the Year.

November 28th, 2005

Fredericton - November 23, 2005 - Andrea Feunekes, President of Remsoft has been named a 2005 RBC Canadian Woman Entrepreneur of the Year. Andrea was chosen from among a slate of successful business women from across Canada as the winner in the Intel Innovation category – honoring a Canadian woman who has implemented new ideas with technology to create a competitive advantage for their organization. In presenting the award to Andrea, Elaine Mah, Intel of Canada Ltd. business marketing manager, explained: “Only with innovative thinking could Andrea combine her background in forestry with her desire to protect the environment for future generations. By continuing to believe that one person can make an impact and by continuing to push the envelope on behalf of her clients, Andrea is setting the new standard for innovation.” Andrea was presented with her award – an 18-karat gold broach designed by Tiffany & Co. – at a gala awards dinner in Toronto on Tuesday evening. In accepting the prize she said: “I am so honored by this award and in particular to have won in the innovation category. Innovation is at the heart of everything we do at Remsoft. I feel lucky that we have the freedom to stop and think and to put new ideas into practice. “I also want to acknowledge the phenomenal group we have at Remsoft who are focused and talented and enable the very innovation that I’m being recognized for.” Andrea is the president and co-founder of Fredericton-based Remsoft, which makes the world’s leading software system for sustainable, long-term forest management. The company Andrea started with her husband, Ugo Feunekes, Remsoft’s Chief Technology Officer, in 1992 has grown to become the leading provider of management software in the forest industry anywhere, with clients on five continents and more than 100-million acres of forestland managed using the company’s flagship spatial planning system. New Brunswick Premier Bernard Lord, who was in Toronto to speak at the Economic Club of Toronto, was invited to offer congratulation to a surprised Ms Feunekes. Taking the podium after Ms Mah, he said: “In New Brunswick, we have long recognized and celebrated Andrea Feunekes as the quintessential entrepreneurial success story, and Remsoft is held up as an example of how a high-tech, export-oriented company can start, grow and flourish from a New Brunswick base. "Now with the national spotlight illuminating her many achievements, the rest of Canada can join with New Brunswickers in showing admiration for this very successful business woman." Andrea and Ugo Feunekes, live in Fredericton and have two sons, Eric, 16, and Chris, 15, both students at Fredericton High School. About the Awards Sponsored by the Royal Bank of Canada, the Canadian Woman Entrepreneur Awards is the leading award for women entrepreneurs in Canada. The Awards provide national recognition to Canada’s women entrepreneurs, whose successful businesses and achievements contribute so much to the Canadian and global economies as well as to their communities. To date, over 4,000 women ranging from their early 20s to their mid-seventies have been nominated for these awards.

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