Adeptron Appoints Francis K. Lindayen as CFO



    
    Adeptron Technologies Corporation
    Stock Symbol: ATQ
    Listing: Toronto Stock Exchange (TSX)
    Web Site: www.adeptron.com
    

    TORONTO, Oct. 16 /CNW/ - Adeptron Technologies Corporation (ATQ: TSX)
("Adeptron" or the "Company"), a specialist at delivering integrated product
solutions and support to the global electronics and related technologies
industries, is pleased to announce the appointment of Mr. Francis K. Lindayen,
C.A., as its Chief Financial Officer effective today.
    Mr. Lindayen is a seasoned financial executive with a wide range of
previous experience as a public company CFO, and with former responsibilities
as Treasurer, Director of Corporate Finance and Financial Strategy and
Corporate Banking. Mr. Lindayen also brings with him the benefit of having
spent four years in various senior financial capacities for a tier one
multi-national electronics manufacturing services company.
    F. Michael Marti, the President, Chief Executive Officer and Director of
Adeptron, said: "The board of directors and the rest of the management team
would like to welcome Mr. Lindayen to the Company. We look forward to
Mr. Lindayen's contribution to the team, as the Company capitalizes on current
and future opportunities."

    About Adeptron:

    Adeptron delivers product solutions and support for the complete product
life cycle to the global electronics and related technologies industries.
These solutions and support include design, prototyping, supply chain
management, manufacturing, assembly, testing, product assurance, distribution
and after-sales service. Adeptron, as part of an affiliated group of companies
in the Electronics Manufacturing Services (EMS) sector, having annual global
revenues of approximately $250 million, provides manufacturing services from
six facilities worldwide including Markham and Ottawa in Ontario, San Jose and
Livermore in California, Israel and through its partner, China. Adeptron's
facilities are ISO 9001:2000 registered.
    Adeptron is a public company whose common shares are listed for trading
on The Toronto Stock Exchange under the symbol: "ATQ". Visit Adeptron at:
www.adeptron.com or www.investorfile.com.

    THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION
RELATING TO SUCH MATTERS AS EXPECTED FINANCIAL PERFORMANCE, BUSINESS
PROSPECTS, TECHNOLOGICAL DEVELOPMENTS, DEVELOPMENT ACTIVITIES AND LIKE
MATTERS. THESE STATEMENTS INVOLVE RISK AND UNCERTAINTIES, INCLUDING BUT NOT
LIMITED TO RISK FACTORS DESCRIBED IN DOCUMENTS FILED WITH REGULATORY
AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL AND QUARTERLY
REPORTS AND ANNUAL INFORMATION FORM. ACTUAL RESULTS COULD DIFFER MATERIALLY
FROM THOSE PROJECTED AS A RESULT OF THESE RISKS AND SHOULD NOT BE RELIED UPON
AS A PREDICTION OF FUTURE EVENTS. ADEPTRON TECHNOLOGIES CORPORATION UNDERTAKES
NO OBLIGATION TO UPDATE ANY FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR
CIRCUMSTANCES AFTER THE DATE ON WHICH SUCH STATEMENT IS MADE, OR TO REFLECT
THE OCCURRENCE OF UNANTICIPATED EVENTS.

    %SEDAR: 00012076E




For further information:

For further information: Adeptron Company Contact: F. Michael Marti,
President & Chief Executive Officer, Tel: (416) 705-6534,
fmmarti@adeptron.com; Adeptron Investor Relations: Gerry Wimmer,
INVESTORFILE.com, Tel: (416) 360-8895, Toll Free: 1-888-894-8222,
gwimmer@investorfile.com

Organization Profile

ADEPTRON TECHNOLOGIES CORPORATION

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