Pason Announces Director Resignation

CALGARY, Aug. 7, 2014 /CNW/ - Pason Systems Inc. (TSX: PSI) announced today that Franz Fink, a director of Pason since 2012, has resigned from the board of directors. Mr. Fink recently accepted the position of President and CEO of Maxwell Technologies (NASDAQ:MXWL). As a result of his new responsibilities, Mr. Fink felt that he could no longer dedicate the time and attention necessary to serve on Pason's board. The board of directors thanks Mr. Fink for his service and wishes him success in his new role.

Pason Systems Inc.
Pason Systems Inc. is a leading global provider of specialized data management systems for drilling rigs. Our solutions, which include data acquisition, wellsite reporting, remote communications, and web-based information management, enable collaboration between the rig and the office. Pason's common shares trade on the Toronto Stock Exchange under the symbol PSI.


 

SOURCE Pason Systems Inc.

For further information:

Visit the company's website at www.pason.com or contact:

Marcel Kessler 
President and CEO
403-301-3400
marcel.kessler@pason.com 

Jon Faber
Chief Financial Officer
403-301-3440
jon.faber@pason.com