Michael Pley named Chief Operating Officer
CAMBRIDGE, ON, June 5 /CNW/ - COM DEV International Ltd. (TSX: CDV), a
leading manufacturer of space hardware subsystems, today announced the
appointments of George Cwynar as President of COM DEV Canada and Michael
Williams as President of COM DEV International Products. The Company recently
reorganized into four operating divisions to ensure it meets the needs of
targeted customer groups.
Based in Ottawa, COM DEV Canada is responsible for providing microwave
and optical technologies for domestic civil and military projects and for
helping to fulfill Canada's contributions to international space initiatives.
Cambridge, Ontario-based COM DEV International Products is the hub of the
Company's global commercial space operations. Michael Pley has been named
Chief Operating Officer with oversight of all four operating divisions, which
also include COM DEV USA and COM DEV Europe.
George Cwynar most recently served as President and Chief Executive
Officer of MOSAID Technologies Inc., a TSX-listed company focused on
developing and licensing patented intellectual property for semiconductor and
communications technologies. He helped grow MOSAID from a small test and
design firm with $10 million of sales to one of the world's largest
intellectual property companies generating $64 million of annual revenue.
Previously Mr. Cwynar spent 13 years at MacDonald Dettwiler and Associates
Ltd., where his responsibilities included operational management and federal
Michael Williams has been a successful member of COM DEV's management
team for 15 years, and has run a number of the business units of COM DEV, most
recently as Vice President, Space Electronics. Mr. Williams graduated with a
Special Honours Bachelor of Science degree in Physics in 1976 from the
University of Sheffield, and joined COM DEV in 1990 after a 14 year
engineering and management career at Philips Microwave in the UK.
"We see tremendous opportunity in the Canadian Government space market,
and we are very pleased to add a seasoned executive of George's caliber to
lead our efforts in growing that business," said John Keating, CEO of COM DEV
International Ltd. "Mike Williams is a COM DEV veteran who will help us
maintain our position of global leadership in the commercial space segment,
while at the same time exploring new ways to apply our core capabilities to
further grow our market share."
About COM DEV
COM DEV International Ltd. (www.comdevintl.com) is a leading global
designer and manufacturer of space hardware subsystems. With facilities in
Canada, the United Kingdom and the United States, COM DEV manufactures
advanced products and subsystems that are sold to major satellite prime
contractors for use in communications, space science, remote sensing and
COM DEV, COM DEV International Products, COM DEV USA and COM DEV Europe
are registered trademarks of COM DEV International Ltd. This news release may
contain certain forward-looking statements that involve risks and
uncertainties. Actual results may differ materially from results indicated in
any forward-looking statements. The Company cautions that, among other things,
in view of the rapid changes in communications markets and technologies, and
other risks including the cost and market acceptance of the Company's new
products, the level of individual customer procurements and competitive
product offerings and pricing, and general economic circumstances, the
Company's business prospects may be materially different from forward-looking
statements made by the Company.
For further information:
For further information: Gary Calhoun, Chief Financial Officer, Tel:
(519) 622-2300 ext. 2826, Fax: (519) 622-2158 firstname.lastname@example.org; Jeff
Codispodi, The Equicom Group, Tel: (416) 815-0700 ext. 261, Fax: (416)