VANCOUVER, Oct. 21 /CNW/ - MetroBridge Networks International Inc.
(TSX-V: MEB) a premier high-speed wireless broadband provider for business
with operations in Canada and the United States today announced that Connie
Yip has been appointed as Controller and Acting Chief Financial Officer
Connie Yip is an experienced management and accounting professional with
broad-based finance, accounting, administration, and strategic planning
experience. Most recently, Ms. Yip was Director of Finance at DDB Canada, a
division of Omnicom Canada Inc., where she had responsibility for the
division's finance, treasury, accounting, and information technology
functions. Prior to her experience with DDB Canada, Ms. Yip held various
senior level accounting positions with increasing responsibility at several
companies including Sleep Country Canada Inc., and Polaris Water Company Inc.
Ms. Yip began her career in public practice accounting at JBH Professional
Services Inc., and Leung Meents Harrop, Chartered Accountants.
Ms. Yip graduated from McGill University with a Bachelor of Commerce
Degree in 1993, and received her C.G.A. designation in 1997, and C.P.A.
certification in 2001.
Christopher Morris, former CFO of MetroBridge, will be leaving the
Company. "We would like to acknowledge Christopher Morris for his
contributions to MetroBridge over 3 years including two acquisitions and a
listing on the TSX-V and wish him success in his future endeavours," said
Dorian Banks, CEO and Co-Founder of MetroBridge.
MetroBridge has been maintaining a consistent rate of growth and in view
of the current economic conditions; the Company is looking to bolster its
operational efficiencies and strengthen the balance sheet by streamlining
non-essential costs, and driving towards positive EBITDA and cash flow.
"We're well-positioned given the current economic situation. There
remains a strong, ongoing demand for high capacity circuits in all of our
markets. We're meeting this demand, growing our customer base, and maintaining
our margins. Businesses are choosing us over the larger Telcos and we're able
to stand out providing competitively priced very high-speed internet services
and value-added products," said Dorian Banks.
About MetroBridge Networks International Inc.
MetroBridge, a leading international fixed wireless provider, delivers
broadband wireless access using WiMAX and other advanced wireless
technologies. Its highly redundant mission critical network provides
connections up to 2500Mbps in Canada and the United States. MetroBridge's
aggressive growth strategy contemplates acquisitions throughout North America
and additional complementary products and services. The Company operates in
all market segments including police and 911 services, the financial industry,
retailers and businesses of all sizes. MetroBridge was the first Canadian
carrier selected to join the WiMAX Forum(TM) to assist the industry in
establishing equipment interoperability. Please visit the Company's website at
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
This press release contains certain forward-looking statements that
reflect the current views and/or expectations of MetroBridge Networks
International Inc. with respect to performance, business and future events.
Such statements are subject to a number of risks, uncertainties and
assumptions. Actual results and events may vary significantly from those
disclosed herein. Investors are cautioned not to rely on these forward-looking
statements. MetroBridge Networks International Inc. does not undertake to
update these forward-looking statements.
For further information:
For further information: Samantha Singh, MetroBridge Investor Relations,
Toll Free: (888) 628-1240, Direct: (604) 628-5627, Fax: (888) 628-2650,