On August 5, 2016, Amy E. McGuire notified SofTech, Inc. of her intention to resign from her position of Chief Financial Officer, effective immediately, to accept a similar position at another company. Ms. McGuire has agreed to assist the company in a part time advisory role during an undefined transition period. Joseph P. Mullaney, the company’s President and Chief Executive Officer, will assume the duties of the company’s principal financial officer on an interim basis until such time as the company appoints a new Chief Financial Officer.