COADE Names New Controller

HOUSTON—(BUSINESS WIRE)—September 18, 2007— COADE announced today that Douglas W. Hanson has joined the engineering and plant design software company as controller. Hanson brings with him extensive experience in corporate financial management, including serving as vice president at Odyssea Marine, and international controller at Horizon Offshore. At COADE, his duties will include all aspects of financial management including budgeting, reporting, accounting and implementing controls. Hanson earned his BBA in Accounting from the University of Houston.

"COADE has achieved record revenue and income growth for the past 10+ years, and with this growth comes increased emphasis on financial controls and reporting," explained Paul Cook, COADE's vice president of corporate development. "Doug's experience, knowledge and leadership in the financial arena will be assets in ensuring we deliver timely financials, establish SOX compliant controls and provide a level of financial detail for management to better assess the financial performance of the company as we continue our worldwide growth," added Cook.


COADE, Inc. is a provider of plant engineering and design software for multiple plant design and engineering disciplines. COADE's aims are that design and engineering should share relevant information seamlessly, thereby maintaining accuracy and improving efficiency. COADE's product line conforms to those goals and includes: CAESAR II, the world's most widely used pipe stress analysis software; PV Elite for pressure vessel and heat exchanger design and analysis; CADWorx Plant Design Suite for intelligent plant design modeling, process schematics and automatic production of plant design deliverables; and TANK for the design and analysis of oil storage tanks. For more information, visit COADE, CAESAR II, CADWorx, PVElite, CodeCalc and TANK are registered trademarks or trademarks of COADE, Inc.


COADE, Inc., Houston
Gary Carson, 1-713-668-8550
Email Contact
Vornel Walker, 1-281-890-4566

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