BURNABY, BC, Jan. 7, 2014 /CNW/ - IWG Technologies Inc. (IWG-T)
announces that effective January 6, 2014 Darryl E. Jacobs was appointed
as President, International Water-Guard Industries Inc. (IWG-I). Mr.
Bruce MacCoubrey, current President, will work to transition the
leadership of the IWG team to Mr. Jacobs and will continue to serve as
a member of the Board of Directors of IWG-T.
Mr. Jacobs brings over 20 years' experience in the aviation industry to
IWG. Mr. Jacobs successfully directed the start-up and early year
development phase of FLYHT Inc. as its Founder and President in
Calgary, Alberta. He was Sr. VP Marketing and Business Development
with TASS Inc. a US company, which provides technical services to
airlines, OEM's and MRO's around the world. Most recently Darryl
provided technical assistance to the aviation industry through
Inter-Action Enterprises located in B.C.
Mr. Jacobs' expertise in complex aircraft systems, design, development,
airworthiness engineering and installation will be invaluable to IWG-I
as it moves forward with new products and customers. Mr. Jacobs'
in-depth experience in business development will help guide IWG with
its growth plan. The board welcomes Mr. Jacobs to the IWG management
team as it continues to achieve profitable growth for the Company.
The Board also thanks Mr. MacCoubrey for his tireless efforts over the
past 18 months in working with International Water-Guard Industries
team through a challenging transition period providing significant
revenue and profit growth for the company. His future contribution
will allow a smooth transition of leadership that will benefit all
IWG Technologies, Inc. is the public holding company for International
Water-Guard Industries Inc., a Canadian aerospace company providing
innovative solutions and products to the aviation industry, more
specifically, aircraft potable water treatment, water systems, heaters
and components. These products are lightweight and compact and provide
high quality temperature-controlled water for passengers, crew, and the
On behalf of the Board of Directors
IWG Technologies Inc.
"Bruce W. Gowan"
Chair of the Board
This news release contains certain forward-looking statements that
reflect the current views and/ or expectations of IWG with respect to
its performance, business and future events including statements with
respect to completion of proposed or future transactions. Such
statements are subject to a number of risks, uncertainties and
assumptions, which may cause actual results to be materially different
from those expressed or implied including the risk that required
approvals will not be obtained and that suitable additional businesses
may not be identified. IWG assumes no future obligation to update
these forward looking statements except as required by applicable
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release
TSX VENTURE: IWG
SOURCE: IWG Technologies Inc.
For further information:
IWG Technologies, Inc.
Unit One - 3771 North Fraser Way,
Burnaby, BC V5J 5G5 Canada
Tel: (604) 255-5555, Fax: (604) 255-5685
Investor Relations: The Howard Group Inc.
Jeff Walker / Grant Howard
Toll Free: 1-888-221-0915