TORONTO, June 6 /CNW/ - Luxell Technologies Inc. (TSX:LUX) today
announced the election of Anthony DeCristofaro, David Pasieka, John MacDonald,
Dr. Robert Bajcar and Giulio Vitali to its board of directors at the
Corporation's Annual General Meeting held in Toronto on June 4th. In addition,
Christopher Carl and Max Rutherford, were newly elected.
Christopher Carl has over 20 years experience in project financing, plant
construction and management with a focus on commercializing new technologies.
Currently, Mr. Carl is President of Bio-Extraction Ltd. which is working with
patented technology to become the world's low-cost provider of active
ingredients from plant materials for use in the global pharmaceutical and
nutraceutical industries. Prior to BioExx, Mr. Carl spent 11 years as CEO of
The CanFibre Group Ltd., and successfully raised US$250 million to construct
and operate two Medium Density Fibreboard facilities in North America. He also
spent several years with Tenneco Inc., where he was responsible for finance
and administration in the Americas, Europe and Asia.
Max Rutherford brings his more than 30 years of experience in the
aviation industry to Luxell's Board of Directors and management. He has held
CEO and senior management positions in a number of aviation companies with
sales ranging from $2 million to $500 million and has been instrumental in
creating profitable, high growth organizations in international markets. Mr.
Rutherford is currently CEO of an Ottawa-based supplier of integrated air
navigation systems and has a record of managing successful international
acquisitions and strategic partnerships.
"As Luxell continues to evolve through restructuring into its growth
phase," said Luxell CEO, David Pasieka, "the experience that Chris has in
public market financing and that Max has in the aviation industry will provide
valuable added depth to our Board. We welcome them both to Luxell."
Luxell designs, manufactures and licenses flat panel display technologies
and product solutions for the aerospace and defense sectors. Luxell is an ISO
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, Director,
Corporate Communications & Investor Relations, (905) 363-0325,