CALGARY, Oct. 18 /CNW/ - HSE Integrated Ltd. ("HSE" or the "Company")
announces that Robert Petryk has resigned from the Board of Directors
effective immediately. Mr. Petryk has taken an overseas assignment with his
employer and has resigned because he believes he will no longer be able to
play an active and contributory role so long as he resides outside of Canada.
David Yager, Chairman and CEO of HSE, had the following comments.
"Bob Petryk was a founding director of the original Patch Safety and was
the one board member who has provided continuity to the Board of Directors
right back to the incorporation of the company. He has been a strong supporter
of the development of a larger, diversified, integrated industrial safety
services company, and his contributions will be missed. HSE has begun the
search for a suitable independent outside director to replace Mr. Petryk."
HSE is Canada's only national supplier of integrated industrial Health,
Safety and Environmental services. From its head office in Calgary, Alberta
HSE serves its clients from field service locations in Alberta, British
Columbia, Saskatchewan, Ontario, Nova Scotia, New Brunswick and Michigan. HSE
trades on the TSX under the symbol "HSL".
This news release may contain forward-looking statements concerning,
among other things, the Company's prospects, expected revenues, expenses,
profits, financial position, strategic direction, and growth initiatives, all
of which are subject to risks, uncertainties and assumptions. These
forward-looking statements are identified by their use of terms and phrases
such as expect, anticipate, estimate, believe, may, will, intend, plan,
continue, project, objective and other similar terms and phrases. These
statements are based on certain assumptions and analyses made by the Company
based on its experience and assessment of current conditions, known trends,
expected future developments and other factors it believes are appropriate
under the circumstances. Such statements are subject to numerous external
variables, both known and unknown, such as changes in commodity prices for
natural gas and oil, changes in drilling activity, weather conditions,
industry-specific and general economic conditions and exchange rate
fluctuations. If any of these risks and uncertainties materializes or if
assumptions are incorrect, actual results may differ materially from those
expressed or implied in the forward-looking statements. The forward-looking
statements included in this news release are not guarantees of future
performance and should not be unduly relied upon.
For further information:
For further information: David Yager, Chairman & CEO, Telephone: (403)
266-1833, E-Mail: firstname.lastname@example.org