VANCOUVER, July 25 /CNW/ - Ignition Point Technologies Corp. (TSX-V: IPN)
announces the retirement of Mr. Robert Neal from the Company's Board of
"On behalf of the Board of Directors, I would like to thank Robert for
his contributions as a director and member of the Company's Audit Committee,"
stated Michael Cytrynbaum, Chair of the Board of Ignition Point. "Robert
brought telecom, technology and internet sector experience to the Board that
will be missed."
The Company will start a search for a new director to replace Mr. Neal.
Michael Cytrynbaum will replace Mr. Neal as a member of the Company's Audit
About Ignition Point
Ignition Point Technologies Corp. (TSX-V:IPN) is a Vancouver-based
broadband communications company providing innovative solutions to expand
connectivity to public and private networks. Ignition Point's operating
subsidiary is TeraSpan Networks Inc. (www.teraspan.com). For more information,
This news release may contain statements that are "forward-looking
statements". Forward looking statements are statements that are not historical
facts and are generally, but not always, identified by the words "expects",
"plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential" and similar expressions, or that events or conditions "will",
"would", "may", "could" or "should" occur. Although Ignition Point believes
the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future realities
and actual realities may differ materially from those in forward looking
statements. Forward looking statements are based on the beliefs, estimates and
opinions of Ignition Point's management on the date the statements are made.
Ignition Point assumes no obligation to update these forward-looking
statements if management's beliefs, estimates or opinions, or other factors,
change, except as required by law.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.
For further information:
For further information: Elena Kinakin, Chief Financial Officer,
Ignition Point Technologies Corp., Phone: (604) 638-5484