June 27/12: Bharti and cohorts are finally out
Eurocontrol Announces Board Changes
TORONTO, ONTARIO--(Marketwire - June 27, 2012) - Eurocontrol Technics Group Inc. (TSX VENTURE:EUO) ("Eurocontrol" or the "Company"), announces that following its annual and special meeting of shareholders, Bruce Rowlands, General (Retired) Sir Michael Rose, and Gadi Gonen will continue as directors of the Company. Mr. Rowlands has been appointed as Chairman of the Board of Directors. The Company wishes to thank the departing Chairman, Hon. Pierre Pettigrew, and departing directors Major General (Retired) Lewis MacKenzie and Stan Bharti, for their contribution to the growth of the Company during their tenure as directors. The Company is seeking to recruit and elect suitable new director candidates in the coming months.
Eurocontrol also announces that it has left the Forbes & Manhattan Group of Companies and has relocated its offices to the address above.
About Eurocontrol Technics Group Inc.
Eurocontrol Technics Group Inc. has three wholly owned subsidiaries GFI, Xenemetrix and XwinSys Ltd. GFI and Xenemetrix are global pioneers in developing and implementing innovative molecular marking systems for the oil industry. Through its proprietary Petromark⢠integral system, GFI has developed a four-part solution consisting of a molecular marker, injection, monitoring and control components. Such oil industry cost realities along with GFI's five-year R&D efforts to create its industry-leading marking solutions, along with access to capital provided by Eurocontrol Technics Group Inc. allows management to pursue numerous anticipated oil marking opportunities in 2011 and in years to come. XwinSys Ltd. is currently developing intellectual property that will combine 2D and 3D image processing technology, from Brossh Inspection Systems Ltd. of Israel, with Eurocontrol's subsidiary Xenemetrix Ltd's Energy-Dispersive X-ray Fluorescence ("EDXRF") technology.
Please visit Eurocontrol Technics Group web site at www.eurocontrol.ca |