Paige Innovations (Flatplug) PAG tse Message Board

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Gold/Mining/Energy : Paige Innovations (Flatplug) PAG tse

PAG 160.07

-0.6%

Oct 31 9:30 AM EST

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To: Fred J Bealle who wrote ()	2/8/1997 3:59:00 PM
From: Fred J Bealle	of 49

Executive resigns at Paige. Founder R. Dickie, an inventor, developed the 'flatplug' and started Paige Innovations. After selling a considerable stake in Paige to the current president, he has evidently opted to pursue other interests. Having met the personable Mr. Dickie, I can only wish him the best. Here is the news release: TSE SYMBOL: PAG FEBRUARY 7, 1997 Director of Paige Resigns TORONTO, ONTARIO--Paige Innovations Inc. announced today that on February 6, 1997, Robert Dickie resigned as a director of Paige Innovations Inc. and as a director of its wholly owned subsidiary, Paige Manufacturing Corp. Paige Innovations owns numerous world wide patents for its FlatPlug (R) electrical plug, the first major redesign of the common electrical plug in 75 years, for which it has won many design and innovation awards. The market for electrical plugs world-wide is an estimated 3 billion units per year. The common shares of Paige Innovations are listed on The Toronto Stock Exchange under the trading symbol PAG. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Paige Innovations Inc. Mr. Alberto de Sousa Costa President and CEO (416) 932-8822 (416) 932-8869 (FAX)

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