/NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION TO U.S. NEWS
EDMONTON, Jan. 25, 2012 /CNW/ - ESTec Systems Corp. ("ESTec" or the
"Company") (TSXV: ESE) is pleased to announce the appointment of Mark
Bamford as Chief Financial Officer, replacing Mrs. Margaret Nelson
effective February 1st, 2012.
As the newest member of ESTec's Executive Committee, Mr. Bamford brings
over 10 years of experience as a seasoned financial executive of
multi-million dollar organizations providing financial, accounting and
risk management expertise to the team. From 2001 to 2010, he led
financial operations at Edmonton Northlands, a community owned
organization with revenues exceeding $130 million where he was involved
in areas including accounting, IT, risk and security. He currently
holds the designations of Certified Management Accountant, Canadian
Risk Manager and is continuing his professional development in Lean Six
Mr. Anthony Nelson, President, states: "Mark Bamford is a welcome
addition to the team and I am looking forward to working with him. His
extensive background in financial leadership, with a successful track
record for streamlining financial operations, will be of great value to
ESTec and its shareholders."
On behalf of the board,
Anthony B. Nelson
About ESTec: ESTec through its wholly owned subsidiary, Allan R. Nelson
Engineering (1997) Inc., provides specialized forensic and design
engineering services including design, repair, modification, and
construction consultation for a diverse client base, primarily in the
mining, manufacturing, petrochemical and drilling industries of Canada,
the United States, Central America, South America, and Australia.
Through its wholly owned US subsidiary, Encore Electronics Inc., ESTec
has evolved into a specialized electronics manufacturer serving a wide
range of technology based industries.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE ESTec Systems Corp.
For further information:
Anthony B. Nelson
For further information regarding the Company see its website at www.estec.com