Former Workflow Exec Resigns from Board

While not admitting to any wrongdoing, D'Agostino has paid the company $400,000 in settlement of these matters. He has also reportedly released the company from any obligation to pay severance or other amounts under his employment agreement.

The board has elected Gerald F. Mahoney as chairman. Mahoney was elected to the Workflow board in October 2002 and later served as the company's interim CEO while the board conducted a search that resulted in the hiring of Gary Ampulski, the current CEO.