New CFO at NOVEKO INTERNATIONAL INC.

EKO / TSX

MONTREAL, May 12 /CNW Telbec/ - Noveko International Inc. (the "Company") is pleased to announce that Mr. Eric Phaneuf has joined its team as Senior Vice President and CFO.

"With more than ten years of experience in finance and corporate development with primarily public companies, Mr. Phaneuf has all the qualifications required for this position full of challenges. I am confident that his appointment will benefit the Company," said Mr. André Leroux, Chairman of the Board and CEO of the Company. Mr. Phaneuf held similar positions with companies operating in various business sectors both domestically and internationally, where he gained extensive experience, including in financial management, financings, business process improvement, and merger & acquisition transactions. Graduated in Business Administration (Finance) from Université de Sherbrooke, Mr. Phaneuf is also a Chartered Financial Analyst (CFA).

"I would also like to thank his predecessor, Eric Favreau, who, for nearly three years, has performed these functions. We wish him well in his future endeavors," added Mr. Leroux.

Profile

Noveko International Inc. offers innovative solutions in the environmental and medical fields worldwide. Through its subsidiaries, the Company specializes primarily in the following business segments: the development, manufacturing and marketing of derivative products from its patented antimicrobial filtration technologies, mainly air filters, surgical masks and respirators, as well as other products with antibacterial properties such as hand sanitizers - and the development, manufacturing and marketing of medical equipment, primarily portable real-time ultrasound scanners for use in human and veterinary medicine.

Certain statements set forth in this press release constitute forward-looking statements. In some cases, these statements are identified by the use of terms such as "may", "could", "might", "intend", "should", "expect", "project", "plan", "believe", "estimate" or other comparable variants. These statements are based on the information available at the time they are written, on assumptions made by management and on the expectations of management, acting in good faith, regarding future events, including those relating to economic conditions, fluctuations in exchange rates and operating expenses, and the absence of unusual events entailing supplementary expenditures. Although management considers these assumptions and expectations reasonable based on the information available at the time they are written, they could prove inaccurate. Forward-looking statements are also subject, by their very nature, to known and unknown risks and uncertainties such as those related to the industry, acquisitions, labor relations, credit, key officers, supply and product liability. The actual results of Noveko International Inc. could differ materially from those indicated or underlying these forward-looking statements. The reader is therefore recommended not to unduly rely on these forward-looking statements. Forward-looking statements do not reflect the potential impact of special items, any business combination or any other transaction that may be announced or occur subsequent to the date hereof. Unless otherwise required under securities laws, the Company does not intend and undertakes no obligation to update or revise the forward-looking statements.

SOURCE NOVEKO INTERNATIONAL INC.

For further information: Chantal Vennat, Director, Investor Relations and Corporate Communications, Noveko International Inc., Tel: (514) 875-0606; http://www.noveko.com

Profil de l'entreprise

NOVEKO INTERNATIONAL INC.

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