TORONTO, Sept. 10 /CNW/ - Luxell Technologies Inc. (TSX:LUX) today
announced the appointment of Bernard L. Kruyne as the Company's Senior Vice
President and CFO, effective October 1, 2007.
Mr. Kruyne has extensive international experience on the banking as well
as corporate finance side. His banking career includes postings with Bank of
America in Europe, Asia and North America with responsibilities which included
trade finance, project finance and problem loan management.
Since coming to Canada, he has held executive positions with Royal Bank
Financial Group, initially within its Corporate Banking Division with
responsibilities in the areas of Corporate Finance and Real Estate lending and
later with RBC Dominion Securities as Managing Director - Global Trade
Finance. His background also includes positions on the corporate side as
Treasurer at both Aecon Group Inc and Royal Group Technologies Limited, where
he established effective treasury teams and treasury discipline, with an
emphasis on optimizing relationships with lenders.
David Pasieka, Luxell's interim CEO, and a Director of the Corporation,
said "we are greatly pleased to have Bernard join Luxell at this important
stage in the Company's development. We look forward to the many ways in which
he will be able to contribute, including arranging new funding to support the
Company's continued development and growth opportunities."
Luxell designs, manufactures and licenses flat panel display technologies
and solutions for defence and avionics industries. More information can be
found at www.luxell.com.
(C) Luxell Technologies Inc., Luxell and Black Layer are trademarks of
Luxell Technologies Inc. All other company and/or product names are trademarks
and/or registered trademarks of their respective manufacturers.
For further information:
For further information: Luxell Technologies Inc., Simon Dann, (905)
363-0325 ext 235, firstname.lastname@example.org