Active Control strengthens management team to drive commercialization



    
    Peter Gimon appointed CFO as ACT builds ActiveMine(TM) deployment
    momentum

    TSX-V: ACT
    

    TORONTO, Aug. 26 /CNW/ - Active Control Technology Inc. (TSX-V:ACT)
announced today that Peter Gimon, MBA, CMA, P.Eng. has been appointed E.V.P
Finance, Chief Financial Officer & Treasurer to support the Company's
commercialization momentum. The appointment takes effect September 8th.
    "We are delighted to have Peter join our team," said Steve Barrett,
President and CEO, Active Control. "His leadership role will capitalize on his
proven skills in management, capital markets, operations, team-building and
technology, and his experience in both large and emerging technology
companies."
    Barrett added, "This senior appointment to our management team reflects
the company's evolving business and positions us well for future success. With
a proven, hardened and fully approved product, we can now focus on leveraging
the sustainable competitive advantage and attaining the higher margin
potential of our unique IP ownership."
    Mr. Gimon has a financial and engineering career spanning more than 25
years, beginning with General Electric where he worked as an industrial
engineer. He has extensive experience in financial and operational management
of global organizations. Most recently, Mr. Gimon was the E.V.P. Finance,
Chief Financial Officer & Treasurer for Rand Worldwide, where he directed the
privatization and sale of the company. Mr. Gimon was Vice President,
Controller, at ShawCor Limited where he directed 150 employees in North
America, Europe and Asia and initiated programs to increase cash flow, manage
foreign exchange risk, oversee internal control compliance initiatives and
integrate acquisitions. Prior to joining ShawCor, Mr. Gimon spent twelve years
at Nortel Networks in a variety of increasingly responsible roles in the areas
of financial and operational management, mergers and acquisitions, and
treasury. Mr Gimon holds a Master of Business Administration (MBA) from York
University, a Bachelor of Applied Science in Industrial Engineering (BASc)
from the University of Toronto, is a Certified Management Accountant (CMA),
and a Professional Engineer (P.Eng).
    Peter replaces Graham Warren, who has served as the Company's part-time
CFO since January 2004. Mr. Warren was appointed to the board of directors in
May 2006 and will continue as a director of the Company. "We are very grateful
for Graham's valuable support over the past years, and we look forward to his
continued strong contributions to ACT as a director on our board," Barrett
added.
    Mr. Gimon has been granted 1,500,000 stock options exercisable at $0.11
per share until August 26, 2014. Mr. Gimon's appointment is subject to
regulatory approval.

    About Active Control Technology

    Active Control Technology is a mining services company specializing in
advanced wireless productivity and safety systems. The company's MSHA-approved
ActiveMine system provides two-way wireless voice communication, real-time
tracking of personnel and assets, and high bandwidth data applications such as
streaming video and operational data from mining machinery, over a robust
wireless Wi-Fi network. Located in Burlington, Ontario, Canada, Active Control
trades publicly on the TSX Venture Exchange under the symbol ACT. For more
information, visit www.activecontrol.com.

    
                       Get more out of your mine.(TM)

    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.
    

    Cautionary Note Regarding Forward-Looking Statements: This press release
contains forward-looking statements that involve risks and uncertainties,
which may cause actual results to differ materially from the statements made.
When used in this document, the words "may", "would", "could", "will",
"intend", "plan", "anticipate", "believe", "estimate", "expect" and similar
expressions are intended to identify forward-looking statements. Such
statements reflect our current views with respect to future events and are
subject to such risks and uncertainties. Many factors could cause our actual
results to differ materially from the statements made, including those factors
discussed in filings made by us with the Canadian securities regulatory
authorities. Should one or more of these risks and uncertainties, such as
changes in demand for and prices for the products of the Company or the
materials required to produce those products, labour relations problems,
currency and interest rate fluctuations, increased competition and general
economic and market factors, occur or should assumptions underlying the
forward looking statements prove incorrect, actual results may vary materially
from those described herein as intended, planned, anticipated, or expected. We
do not intend and do not assume any obligation to update these forward-looking
statements, except as required by law. The reader is cautioned not to put
undue reliance on such forward-looking statements.

    %SEDAR: 00007946E




For further information:

For further information: Steve Barrett, President & CEO, Active Control
Technology, Tel.: (905) 635-3130, Email: sbarrett@activecontrol.com

Organization Profile

ACTIVE CONTROL TECHNOLOGY INC.

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