Change in the management of Lyrtech

QUEBEC CITY, Feb. 28 /CNW Telbec/ - Lyrtech Inc. ("Lyrtech" or the "Corporation") (TSXV: LTK), a firm specializing in digital signal processing technologies, announces the resignation of Mr. Louis N. Bélanger as Chief Financial Officer ("CFO") of the Corporation and the appointment of Mr. Vincent Bélanger who will take over the responsibility of the CFO position.

Mr. Vincent Bélanger is chartered accountant and president of CFO Solution Inc., a company through which he provides part-time CFO services for public and private companies. He has over 20 years of experience as chartered accountant and business advisor, mainly as CFO. He helped many companies through their growth in the context of financing, strategic and financial planning and acquisition and disposal of businesses. He has a long experience in the particularities of the management of public companies.

"It is a great return on our team for Vincent who has been acting as Lyrtech's CFO a few years ago. His experience, knowledge of our activities, professionalism and business acumen will prove to be a great asset to Lyrtech", said Mr. Louis Bélanger.

Mr. Vincent Bélanger will take over the responsibility of CFO of Lyrtech through CFO Solution Inc.

Messrs. Louis and Vincent Bélanger are not related.

About Lyrtech

Lyrtech develops and manufactures advanced digital signal processing solutions for companies worldwide, a vital technology to network and wireless communications, audio and video processing, as well as electronic systems in all fields of technology. Lyrtech offers a full range of DSP-FPGA development platforms, as well as design, prototyping, and manufacturing of electronic products. Lyrtech works in partnership with industry leaders such as Texas Instruments, The MathWorks, and Xilinx. Lyrtech's customers include many prestigious names of the consumer electronics, telecommunications, aerospace and defence fields. For more information, visit www.lyrtech.com.

Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

SOURCE LYRTECH INC.

For further information:

Louis N. Bélanger, President and CEO
Lyrtech Inc.
(1) 418-877-4644
louis.belanger@lyrtech.com

Profil de l'entreprise

LYRTECH INC.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.