QUEBEC CITY, Nov. 20 /CNW/ - The Board of Directors of Lyrtech Inc.
(Lyrtech; TSX-V: LYT), is pleased to announce the appointment of Dr. Alain
Houle as President and CEO of the Company. Dr. Houle assumes his
Dr. Houle is currently Associate Professor at the Université de
Sherbrooke. He is also titular of the Industrial research Chair on
Communication Infrastructures. Previously, he was advisor to the Chief
Technology Officer of the Advanced Technology Group, Optical Networking Group,
at Cisco Systems Inc. in California.
Dr. Houle replaces Mr. Miguel Caron who is leaving the Company.
"All the Directors of the Company thank Mr. Caron for the dynamism he
imparted within the Company and for his unwavering commitment to Lyrtech since
July 2003. We wish Miguel every success in the next phases of his career,"
said Mr. Pierre Lortie, Chairman of the Board. "We are very pleased that Alain
Houle has accepted to take the helm of the Company. He brings to the task
outstanding qualities and competencies," added Mr. Lortie. "Alain is familiar
with Lyrtech and has a clear vision of the steps that need to be taken to
achieve the objectives and ensure a sound development of the Company."
About Lyrtech Inc.
Lyrtech is a worldwide leader in digital signal processing ("DSP")
technologies with state of the art EMS facilities. The Company develops and
manufactures advanced digital signal processing solutions for companies
worldwide, a vital technology to network and wireless communications, audio
and video processing, as well as electronic systems in all fields of
technology. Lyrtech offers a full range of DSP-FPGA development platforms, as
well as design, prototyping, and manufacturing of electronic products through
its Innovator division.
Lyrtech works in partnership with industry leaders such as Texas
Instruments, The MathWorks, and Xilinx. Lyrtech's customers include many
prestigious names of the consumer electronics, telecommunications, aerospace,
and defense fields such as BAE Systems, Defence Research and Development
Canada (DRDC), the European Aerospace Defence and Space Company (EADS),
Fujitsu, Harris, ITT, Motorola, Neural Audio, NTT DoCoMo, and Samsung-Thales.
For more information please visit www.lyrtech.com.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.
For further information:
For further information: Pierre Lortie, Chairman of the Board, (514)
878-8800, firstname.lastname@example.org; Alain Houle, President and CEO, (418)
877-4644, email@example.com; Investor Relations: Matthieu Cardinal,
The Equicom Group, (514) 844-6054, firstname.lastname@example.org; Media
Relations: Marie-Claude Leroux, Morin Relations Publiques, (514) 289-8688,