CAMBRIDGE, ON, Nov. 30 /CNW/ - COM DEV International Ltd. (TSX:CDV) today announced that David Lizius has been appointed President of COM DEV Canada, the Ottawa-based division responsible for the Company's Canadian government business.
"We are pleased to have Dave Lizius leading our Canadian division. Throughout his 12 years at COM DEV he has demonstrated effective leadership in a range of key operational and strategic roles," said John Keating, CEO of COM DEV International. "We believe the domestic space sector represents a tremendous opportunity for COM DEV as the government increasingly turns to space technology to advance national interests."
David Lizius is a 30 year veteran of the space industry. Since joining COM DEV in 1997, he has led a number of growth initiatives including the establishment of operations in the United States. In late 2006 Dr. Lizius relocated temporarily to California to create COM DEV USA and lead the operation through its first year, buying and outfitting the state-of-the art facility, initiating the successful acquisition of the Passive Microwave Devices product line and hiring the key staff, including the division's president. More recently he was COM DEV International's Vice President of Corporate Development.
Dr. Lizius began his career at Marconi Space Systems (now part of Astrium) as a design engineer and program manager on commercial and military programs. He later worked at the UK Atomic Energy Authority during its privatization to become AEA Technology. He had a leadership role in creating start-up commercial business units harnessing the technology and scientific talent originally developed on the UK's fusion program. Dr. Lizius led an electromagnetics software development group that was later sold to a major UK corporation which continues to sell the leading edge software design tools developed. He ultimately led AEA's Space and Defence Division supplying a range of space technologies including antennas, IR calibration systems, thrusters and power systems products.
Dr. Lizius obtained a BSc in Physics from Bristol University, and a PhD in electrical engineering from London University, where his research focused on unfurlable antennas for satellites.
COM DEV also announces that George Cwynar has left the Company to pursue other opportunities.
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 military satellites.
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.
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