NexJ Announces Board Changes

E. Scott Beattie appointed as independent Board Chair
New independent Director, William F. Morris elected to the Board
William F. Morris to Chair Governance and Human Resources Committee

TORONTO, June 29, 2020 /CNW/ -NexJ Systems Inc., (TSX: NXJ), delivering intelligent customer management solutions to the financial services industry, today announced changes to its Board of Directors, including appointing E. Scott Beattie as independent Chair of the Board succeeding William M. Tatham effective June 25, 2020.

William M. Tatham, Founder and former CEO of the Company who was appointed as non-independent Chair of the Board of NexJ in June, 2018, has chosen to stand down as Chair of the Board so that he can focus on his growing responsibilities as Founder and Executive Chair of NexJ Health Holdings Inc. Mr. Tatham will continue to serve as a Director of NexJ.

"It has been a privilege to serve as Chair of the Board of NexJ and I look forward to providing my full support to Scott as the incoming Chair," said William M. Tatham. "Scott's significant capital markets experience will greatly benefit NexJ as we continue to execute our business objectives and enhance value for all NexJ shareholders."

"On behalf of our shareholders and the Board, I would like to thank Bill for the leadership and contribution he has made as Chair of the Board." said E. Scott Beattie. "I am very proud to have been asked to succeed Bill and I am excited to support NexJ as it seeks to build success for shareholders, customers and employees."

As a result of the appointment of an independent Chair of the Board, David Yach will no longer serve in the position of Lead Independent Director. Mr. Yach will continue to serve as Chair of the Audit Committee of the Board.

Addition of New Independent Director

At the Company's annual meeting of the shareholders held on June 25, 2020, William F. Morris was elected to the Board. Mr. Morris is the former President of Accenture Canada and his extensive business experience will be of great value to both the Board and the NexJ executive management team.

Committee Leadership and Composition Changes

The Board has made changes to the leadership and composition of its Board committees effective June 25, 2020:

• Governance and Human Resources Committee (GHRC): William F. Morris has joined and succeeded K. Ian McPhee as Chair of the Committee and the GHRC is composed of William F. Morris (Chair), E. Scott Beattie, K. Ian McPhee, and David Yach.
  
  
• Audit Committee: William F. Morris was added as a new member of the Committee and the Audit Committee is composed of David Yach (Chair), E. Scott Beattie, K. Ian McPhee and William F. Morris.

About NexJ Systems Inc.
NexJ Systems provides Intelligent Customer Management. Our award-winning CRM is designed to help Wealth Management, Private Banking, Corporate and Commercial Banking, and Insurance firms revolutionize their business. Powered by artificial intelligence, our products help drive productivity, boost client engagement, and increase revenue. With users in over 60 countries, our customers benefit from our deep expertise across financial services verticals, strategic investment in innovation, and commitment to their success.

Based in Toronto, NexJ has clients throughout North America, Asia Pacific and in Europe. For more information about NexJ visit www.nexj.com, e-mail info@nexj.com, or call 416-222-5611. Join us on LinkedIn, follow us on Twitter, subscribe to our YouTube channel, or like us on Facebook.

SOURCE NexJ Systems Inc.

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