CALGARY, May 13 /CNW/ - Axia NetMedia Corporation ("Axia") is pleased to
announce that Murray Sigler will be joining Axia as President Axia Canada and
Executive Vice President for Axia NetMedia Corporation effective May 19, 2009.
Mr. Sigler will be responsible for Axia's Alberta SuperNet business and Axia's
business development initiatives in Canada and will also be the Executive Vice
President of Axia's Corporate Group.
Since September 2005, Mr. Sigler has been the Managing Director of the
Government of Alberta's UK Office. Prior to that, he was President and CEO of
the Calgary Chamber of Commerce, and had an extensive career in the aviation
industry, including having led Canadian Airlines Corporation as President and
COO of Canadian Airlines International and CEO of Canadian Regional Airlines.
He holds degrees in Arts and Law from the University of Alberta. He is a
member of the Law Society of Alberta and also a graduate of Harvard
University's Graduate School of Business in the Advanced Management Program.
In the past, he has served on various Corporate Boards of Directors in the
aviation, tourism and energy sectors. He has also been active throughout his
career as a Board member and Chair of numerous community and professional
organizations in Alberta and nationally.
Art Price, Chairman and CEO commented, "We are pleased to welcome Murray
to the Axia team and believe that with his extensive business acumen and
government experience, he will make a valuable contribution to Axia."
Axia provides Real Broadband(TM) IP services and solutions through
planning, designing and operating no conflict Open Access Next Generation
Networks. Axia has networks in Alberta, France and Singapore. Axia trades on
the Toronto Stock Exchange under the symbol "AXX".
This News Release contains forward looking statements, including, without
limitation, statements containing the words "should", "believe", "anticipate",
"may", "plan", "will", "continue", "intend", "expect", "estimate" and other
similar expressions which constitute "forward looking information" within the
meaning of applicable Canadian securities laws. These statements are based on
our current expectations, estimates, forecasts and assumptions about the
operating environment, economies and markets in which we operate and are
subject to important assumptions, risks and uncertainties that are difficult
to predict. Examples of these statements would include those where Axia
forecasts its success and timing in winning new OAN NextGen contracts, the
timing of completion and estimated total costs of these networks, the revenues
and operating costs associated with these networks over time, and Axia's
ability to generate future cash flows and avail itself of other financing
alternatives given current market conditions. The assumptions, risks and
uncertainties that could cause actual results to differ materially from the
forward looking information, include, but are not limited to, changes in
customer markets, changes in demand for our services, our inability to deliver
services in a timely and cost efficient manner, technological change, general
economic conditions and other risks detailed from time to time in our ongoing
filings with the Canadian securities regulatory authorities, including those
in our Annual Information Form, which filings can be found at www.sedar.com.
Given these assumptions, risks and uncertainties, readers are cautioned not to
place undue reliance on such forward looking statements. Unless otherwise
required by applicable securities laws, we undertake no obligation to publicly
update or revise any forward looking statements either as a result of new
information, future events or otherwise.
For further information:
For further information: please visit Axia's website at www.axia.com, or
contact: Dawn Tinling, VP, Investor Relations and Communications, Axia
NetMedia Corporation, (403) 538-4074, email@example.com