EDMONTON, March 13 /CNW/ - Mr. Wayne R. Rutherford, President and CEO of
PowerComm Inc. (PCG:TSX) announced today that Mr. Larry Walton will be joining
the company as General Manager of Operations. This is a new position within
the organization and is another step in continuing the company's growth.
Mr. Walton's depth of experience in the valve industry will compliment
Mr. Rutherford's exceptional experience in the electrical and instrumentation,
it also adds management depth in the expanding PowerComm manufacturing sector.
"Larry's experience includes over twenty years managing multi-national
companies in the valve sales and distribution as well as manufacturing sectors
of the industrial marketplace and more specifically the oil and gas industry"
said Mr. Rutherford.
"We are extremely pleased to be able to add a person with Larry's
experience and ability to the PowerComm team," he continued. "Larry offers a
broad range of management experience and we look forward to him being a vital
part of our company's growth for many years to come", he concluded.
Mr. Walton will be working out of the corporate head office in Edmonton,
The news release contains certain forward-looking statements, including
management's assessment of future plans and operations and capital
expenditures and the timing thereof, that involve substantial known and
unknown risks and uncertainties, certain of which are beyond PowerComm Inc.'s
control. Such risks and uncertainties include, without limitation, risks
associated with the Corporation's ability to market successfully to current
and new customers; supply and demand for PowerComm Inc.'s services and
products and industry activity levels; capital expenditure programs;
projections of commodity prices and costs; the Corporation's ability to obtain
material and equipment from suppliers; operating risk liability; expansion of
services and products by internal growth or acquisition; the Corporation's
ability to obtain additional financing on satisfactory terms; the impact of
general economic and industry conditions; changes in laws and regulations
(including the adoption of new environmental laws and regulations) and changes
in how they are interpreted and enforced; competitive conditions; the lack of
availability of qualified personnel or management; fluctuations in foreign
exchange or interest rates, stock market volatility; and obtaining required
approvals of regulatory authorities. PowerComm Inc.'s actual results,
performance or achievements could differ materially from those expressed in,
or implied by, these forward-looking statements and, accordingly, no
assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them do so,
what benefits, including the amount of proceeds, that PowerComm Inc. will
derive therefrom. Readers are cautioned that the foregoing list of factors is
not exhaustive. All subsequent forward-looking statements, whether written or
oral, attributable to PowerComm Inc. or persons acting on its behalf are
expressly qualified in their entirety by these cautionary statements.
Furthermore, the forward-looking statements contained in this news release are
made as of the date of this news release and PowerComm Inc. does not undertake
any obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by applicable securities laws.
For further information:
For further information: Wayne R. Rutherford, President and Chief
Executive Officer, or J.D. Snowdon, Executive Vice President Corporate
Services, at (780) 465-7038, or at firstname.lastname@example.org