Global Railway Announces Departure of Chief Marketing Officer



    
    Company: Global Railway Industries Ltd.
    Stock Symbol: GBI
    Listing: Toronto Stock Exchange
    Web Site: www.globalrailway.com
    

    LONDON, ON, Aug. 19 /CNW/ - Global Railway Industries Ltd., - (GBI:TSX):
Global Railway Industries Ltd., www.globalrailway.com, ("Global" or the
"Company"), a leading North American provider of railway products and
services, announced today that Bill Sturtz, the Company's Chief Marketing
Officer, is leaving Global Railway Industries, Ltd. effective September 1,
2009 to pursue other opportunities. "Bill has been with the company for three
years and has been a valued asset to our organization. The whole Global Team
will miss Bill's positive "Can Do" attitude", said Terry McManaman, Chairman,
President & CEO of Global Railway.
    Terry McManaman thanked Sturtz for his dedicated loyal contributions to
Global, first as the Chief Operating Officer and more recently as the
Company's Chief Marketing Officer. Bill Sturtz has over 20 years of
engineering and manufacturing experience at a senior level with a focus on
manufacturing, material sourcing, quality control and business excellence in
factory environments. Bill has degrees in Master Business Administration and
Bachelor of Science in Industrial Engineering.

    About Global Railway Industries: Global Railway Industries Ltd. is a
diversified rail product company serving the railway industry in North
America. Global Railway is a public company whose shares are listed for
trading on the Toronto Stock Exchange (TSX) under the symbol "GBI". For more
information: visit www.globalrailway.com.

    THIS NEWS RELEASE MAY CONTAIN FORWARD LOOKING INFORMATION. ACTUAL FUTURE
RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED. THE RISKS,
UNCERTAINTIES AND OTHER FACTORS, BOTH KNOWN AND UNKNOWN, THAT COULD INFLUENCE
ACTUAL RESULTS MAY BE SUBSTANTIAL AND INCLUDE THOSE DESCRIBED IN DOCUMENTS
FILED WITH REGULATORY AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED
ANNUAL REPORT AND ANNUAL INFORMATION FORM. ACCORDINGLY, NO ASSURANCES CAN BE
GIVEN THAT ANY OF THE EVENTS ANTICIPATED BY THE FORWARD-LOOKING STATEMENTS
WILL TRANSPIRE OR OCCUR, OR IF ANY OF THEM DO SO, WHAT BENEFITS THE COMPANY
WILL DERIVE THEREFROM.

    %SEDAR: 00010076E




For further information:

For further information: Company Contact: Terry McManaman, Chairman,
President & CEO, Tel: (585) 419-9720, E-mail: tmcmanaman@globalrailway.com;
Company Contact: Brian McMullan, CFO, Tel: (585) 419-9720, E-mail:
bmcmullan@globalrailway.com

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