TORONTO, May 16 /CNW/ - Redline Communications Group Inc. (TSX: RDL)
("Redline" or the "Company"), a leading provider of specialized
broadband wireless systems, is pleased to announce that George Kypreos
will join the Company as its new Chief Financial Officer ("CFO")
Kypreos, who brings significant public company experience, will be
responsible for the management and direction of the company's finance
and accounting organization that includes financial analysis,
accounting, information technology, controls, budgeting, planning and
"George brings the experience and skills we need to continue our drive
to sustained profitability at a time when we're also growing our
domestic and international operations and broadening our product line.
He'll be a great addition to our senior leadership team," said Eric
Melka, Redline's CEO.
Kypreos's career spans more than 20 years of continuously expanding
responsibility, predominantly in the technology sector. He served most
recently as Chief Financial Officer with TSX-listed Xenos Group Inc
where he had overall responsibility for planning, directing and
controlling the company's financial disclosure, taxation, and financial
operations. Prior to this, he was Chief financial Officer of SAMSys
Technologies Inc, a Canadian public technology company offering Radio
Frequency Identification hardware solutions. He holds a Bachelor of
Arts degree from the University of Toronto and he is a Canadian
Kypreos replaces former CFO Bruce MacInnis, who left the company on
April 29th, 2011.
About Redline Communications
Redline Communications (www.rdlcom.com), founded in 1999, is a publicly traded company on the Toronto stock
exchange that manufactures powerful and versatile wireless broadband
systems used to cost‐effectively deploy distributed applications and
services and to power 4G networks. Service providers use Redline
products to power their 4G networks; municipalities to quickly and
easily deploy or extend their video surveillance networks; oil
and gas companies to monitor how their oil wells are
operating; and enterprises to bring business grade access to
buildings, and the military to create secure networks in any
location. For over 10 years Redline has been delivering
reliable wireless solutions to thousands of customers in over 100
countries, with the strong combination of high capacity, speed,
range and reliability. Redline products are marketed and supported
through an exclusive network of value added resellers in the Americas;
the Middle East and Africa.
NOTE: All registered and unregistered trademarks mentioned in this
release are the property of their respective owners.
Forward Looking Statements
Certain statements in this release may constitute forward‐looking
statements or forward‐looking information within the meaning of
applicable securities laws and are made pursuant to the "safe harbour"
provisions of such laws. Readers are cautioned not to place undue
reliance on such statement. Unless otherwise required by applicable
securities laws, Redline assumes no obligation to update or revise any
forward‐looking statements, whether as a result of new information,
future events or otherwise.
SOURCE Redline Communications Group Inc.
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