RAND Worldwide Announces Marc L. Dulude as President and Chief Executive Officer

BOSTON—(BUSINESS WIRE)—April 2, 2009— RAND Worldwide®, a global leader in providing technology solutions to organizations with engineering design and information technology requirements, is pleased to announce that Mr. Marc Dulude will join the Company as the President, Chief Executive Officer and Chairman of the Board of Directors, effective April 1, 2009. Mr. Dulude has been acting on an interim basis in these roles since May 2008 and is currently a General Partner at Ampersand Ventures, the largest shareholder of RAND Worldwide, Inc.

Mr. Dulude has spent his career primarily in the field of engineering and product management with extensive involvement in building software and service companies. Prior to joining Rand, Mr. Dulude served as a General Partner the Ampersand funds, and remains in a Venture Partner role with the firm. Prior to Ampersand, he was the Chief Executive Officer of Moldflow Corporation, a product design simulation software company, from 1996 to 2002 where he directed the company’s global operations and Initial Public Offering of stock on the NASDAQ market, one of the top ranked IPO’s in 2000. Mr. Dulude also held the position of Senior Vice President of Marketing and was a corporate officer at Parametric Technology Corporation, where he had the overall responsibility for the product line management of PTC’s products and direction of the related marketing activities.

“I am pleased to join RAND Worldwide in this role on a full-time, permanent basis. As a member of the Ampersand team that made the investment in RAND Worldwide in November 2007, I have been active in working with the management team and employees to position RAND Worldwide for the next step in its growth and development. I feel strongly that we are well positioned in our industry, with both our strong IMAGINiT, Autodesk focused business, and with our other professional services businesses, such as ASCENT, that provide critical services to our global customer base,” stated Mr. Dulude.

“I am confident that RAND Worldwide continues to have the full support of Ampersand Ventures and we will continue to work closely with Ampersand as we execute on our plans for growth,” added Mr. Dulude.

About RAND Worldwide

RAND Worldwide is one of the world’s leading providers of professional services and technology to the engineering community, targeting organizations in the building, infrastructure, and manufacturing industries. RAND enables its customers to improve their competitiveness, productivity, and profitability by enhancing key aspects of their Product Lifecycle Management (PLM) capabilities, including planning, development, and management. As one of the leading technology independent systems integrators in the world, RAND Worldwide operates in over 40 sales and client service centers globally. For more information please visit www.rand.com.



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Corey Jenness
(906) 779-3888 x12
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