TSX Venture Exchange Trading Symbol - NIT
48,820,704 shares outstanding
MARKHAM, ON, June 26 /CNW/ - Neotel is pleased to announce that
Mr. John Whincup is named President and Chief Executive Officer effective
immediately. He will replace Mr. Mark Edwards who resigns as a director and
officer effective this date. Mr. Edwards states that "I have completed the
mandate set out for me by the Board. The Company has survived a difficult
transition period and now it is time for new leadership through the next phase
of the Company's growth." Mr. Frank Maw, Chairman, states that "I am delighted
to have someone with the strong sales background and leadership skills of
John Whincup to take over as President and CEO and we thank Mark Edwards for
all of his much appreciated efforts to get us here."
The date for the Annual General Meeting of the shareholders of the
Company has been set for July 24, 2008 and will be held at the Delta Markham
Hotel, 50 Valhalla Drive, Markham, Ontario at 2:30 p.m.
The Company also announces that all regulatory filings are now up to date
and the Management Cease Trade Order has been lifted.
ABOUT NEOTEL INTERNATIONAL INC.
Neotel International is a Canadian based technology and solutions
Company. The Company provides Bio-identity technology, Workflow and Resource
Management platforms, secure information transfer technology and innovative
product development and integration services. The companies products and
services are currently being delivered in the Government and Manufacturing
sectors and are being prepared for the Financial Services and Health Care
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Maureen Espin, Neotel International Inc., Tel:
(905) 948-9229 x28