QUEBEC CITY, Feb. 28 /CNW Telbec/ - Lyrtech Inc. ("Lyrtech" or the
"Corporation") (TSXV: LTK), a firm specializing in digital signal
processing technologies, announces the resignation of Mr. Louis N.
Bélanger as Chief Financial Officer ("CFO") of the Corporation and the
appointment of Mr. Vincent Bélanger who will take over the
responsibility of the CFO position.
Mr. Vincent Bélanger is chartered accountant and president of CFO
Solution Inc., a company through which he provides part-time CFO
services for public and private companies. He has over 20 years of
experience as chartered accountant and business advisor, mainly as CFO.
He helped many companies through their growth in the context of
financing, strategic and financial planning and acquisition and
disposal of businesses. He has a long experience in the particularities
of the management of public companies.
"It is a great return on our team for Vincent who has been acting as
Lyrtech's CFO a few years ago. His experience, knowledge of our
activities, professionalism and business acumen will prove to be a
great asset to Lyrtech", said Mr. Louis Bélanger.
Mr. Vincent Bélanger will take over the responsibility of CFO of Lyrtech
through CFO Solution Inc.
Messrs. Louis and Vincent Bélanger are not related.
Lyrtech develops and manufactures advanced digital signal processing
solutions for companies worldwide, a vital technology to network and
wireless communications, audio and video processing, as well as
electronic systems in all fields of technology. Lyrtech offers a full
range of DSP-FPGA development platforms, as well as design,
prototyping, and manufacturing of electronic products. Lyrtech works in
partnership with industry leaders such as Texas Instruments, The
MathWorks, and Xilinx. Lyrtech's customers include many prestigious
names of the consumer electronics, telecommunications, aerospace and
defence fields. For more information, visit www.lyrtech.com.
Neither TSX Venture Exchange Inc. nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange
Inc.) accepts responsibility for the adequacy or accuracy of this
SOURCE LYRTECH INC.
For further information:
Louis N. Bélanger, President and CEO