WINNIPEG, June 9 /CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or
the "Company") (TSX: CWG) is pleased to announce that its board of directors
has appointed Rod Vandenbos as President of the Company, effective
Mr. Vandenbos brings over 21 years of technology leadership experience to
this new role. He was most recently employed by Craig Wireless Palm Springs
Inc., a subsidiary of the Company, as General Manager/Director of Business
Development, where he was instrumental in the deployment of a 4G network in
the Coachella Valley, California region. Prior to being engaged by the
Company, he served as President of Digital Internet Services Corporation, one
of the first and largest wireless Internet providers in the Southwest United
Mr. Vandenbos has also been engaged as a contractor by a company
controlled by Mr. T. Boyd Craig in connection with the deployment of a 4G
network in Cambodia and in other countries in the region. As part of the
arrangement with Mr. Vandenbos, the Company has agreed that it will permit Mr.
Vandenbos to continue with his existing obligations unrelated to his duties as
President of the Company in Southeast Asia, for which he will be compensated
directly by a company controlled by Mr. T. Boyd Craig.
"I look forward to this new opportunity with Craig Wireless and the
Company's growth and development in new and existing markets. I view Craig
Wireless as a company well positioned to be among the forefront of
organizations employing advanced wireless 4G telecommunications technology
around the world" said Mr. Vandenbos.
"We are very pleased to announce the promotion of Rod Vandenbos to our
senior management team. Rod has a proven track record of business development
in the wireless telecommunications field. The progress we have been
experiencing in the Palm Springs region under Rod's direction is very
encouraging and is something that we hope will continue at a Company-wide
level" said T. Boyd Craig.
About Craig Wireless Systems Ltd.
Craig Wireless Systems Ltd. and its affiliates (collectively, the "CWS
Group") offer a broad range of telecommunications services, including,
broadband Internet access, television programming delivery, business
connectivity solutions, hosting, security and telecommunications solutions.
Through certain members of the CWS Group, Craig Wireless holds or leases
licenses for spectrum in the 2.5 GHz, 2.6 GHz or 3.5 GHz bands in Manitoba,
British Columbia, the Coachella Valley region, California, United States,
Greece, Norway and New Zealand. Spectrum in these ranges is effective for
delivery of point-to-multipoint signals, possesses robust bandwidth capability
and supports emerging high-bandwidth applications through 4G technology, such
as WiMAX or LTE.
Notice on forward-looking statements
This release includes forward-looking statements regarding Craig Wireless
and its business. Such statements are based on management's current
expectations. The forwardlooking events and circumstances discussed in this
release may not occur and actual results could differ materially as a result
of known and unknown risk factors and uncertainties affecting Craig Wireless
and its business. No forward-looking statement can be guaranteed.
Forward-looking statements speak only as of the date on which they are made
and Craig Wireless does not undertake any obligation to publicly update or
revise any forward-looking statement, whether as a result of new information,
future events, or otherwise.
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this release.
For further information:
For further information: J. Drew Craig, Co-Chief Executive Officer,
Craig Wireless Systems Ltd., Tel: (416) 515-2222 ext. 2, email: