DRUMMONDVILLE, QC, Jan. 13 /CNW Telbec/ - CVTech Group Inc. ("CVTech" or
"the Corporation") (TSX: CVT) today announced the appointment of
Stephen M. Zemaitatis Jr. as Executive Vice-President - Riggs Distler &
Company, Inc. ("Riggs Distler"). Mr. Zemaitatis joined Riggs Distler in
1998 as project manager and had been Vice-President Overhead Utilities
since 2006. He succeeds to Mr. Leo Sniger who will retire at the end of
the current month.
"Stephen M. Zemaitatis Jr.'s efforts and commitment make him a prime
candidate to assume the responsibilities and meet the challenges of
achieving Riggs Distler's strategic objectives. Management of CVTech
offers him sincere congratulations and lends him full support," said
Alain Gagné, Chief Operating Officer - Energy segment of CVTech.
OVERVIEW OF THE CORPORATION
CVTech is a management company operating in two major sectors. Through
Thirau ltée and its subsidiary Thirau LLC, the Corporation provides
services to the electric power industry for the construction and
maintenance of transmission and distribution lines primarily in Quebec
and the eastern United States. Thirau ltée's subsidiary J.J.L.
Déboisement inc. specializes in control of vegetation surrounding power
lines and in clearing rights of way. Thirau LLC's wholly owned
subsidiary Riggs Distler & Company, Inc. is a leading provider of
maintenance and construction services to the utility and heavy
industrial markets. In the CVT systems and related products segment,
the Corporation, through CVTech-IBC Inc., designs, manufactures and
sells continuously variable power transmission systems, or CVTs.
CVTech-AAB specializes in rebuilding crankshafts and cylinders and in
distributing engine parts.
This document may contain forward-looking statements that reflect
management's current beliefs regarding future events. Forward-looking
statements are based on a number of factors and include risks and
uncertainties. Actual results may differ from forecast results.
Management has no obligation beyond what is required under the law to
update or revise forward-looking statements pursuant to new information
or future events.
Further information regarding CVTech is available in the SEDAR database
and on the Corporation's website at: www.cvtech.ca.
SOURCE CVTECH GROUP INC.
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