BURNABY, BC, Sept. 30, 2011 /CNW/ - IWG Technologies Inc. today
announced the resignation and retirement of Mr John Lawson from its
Board of Directors effective 1 October 2011. He has been a director
for nine years with the company, and was Chair for six.
Mr Lawson notes "I leave with the confidence that IWG is in good hands
both at the Board level and its management. The first steps have been
taken in our breakout strategy that will produce significant revenue
growth and inspire investor interest."
"John was very instrumental in the re-structuring and strengthening of
the company to prepare for future growth" stated Chairman of the Board
Bruce Gowan. David Fox, IWG's president and CEO adds, "John has been an
anchor point for IWG's Board and management. His industry knowledge
and contacts have been invaluable to us, but we recognize that that all
boards need to evolve over time. We wish him well."
IWG Technologies, Inc is the public holding company for International
Water-Guard Industries Inc., a Canadian aerospace company focusing on
aircraft potable water treatment, water systems, heaters and
components. IWG has expertise in all aspects of water treatment, and
has the products and know-how to provide high quality water for
passengers and crew, and lightweight, space saving solutions for the
On behalf of the Board of Directors
International Water-Guard Industries Inc.
"David C. Fox"
President and CEO
This news release contains certain forward-looking statements that
reflect the current views and/ or expectations of IWG with respect to
its performance, business and future events including statements with
respect to completion of proposed or future transactions. Such
statements are subject to a number of risks, uncertainties and
assumptions, which may cause actual results to be materially different
from those expressed or implied including the risk that required
approvals will not be obtained and that suitable additional businesses
may not be identified. IWG assumes no future obligation to update
these forward looking statements except as required by applicable
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
TSX VENTURE: IWG
SOURCE IWG Technologies Inc.
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