DRUMMONDVILLE, QC, Jan. 25, 2013 /CNW Telbec/ - CVTech Group Inc. ("CVTech" or "the Corporation") (TSX: CVT) today announced that Mr. Guy Aubert has resigned as a member of the Board of Directors of the Corporation (the "Board"). Such resignation is effective immediately.
Guy Aubert began his career at Thirau ltée ("Thirau") in 1973 and became, in 1987, Thirau's sole shareholder and its President and General Manager. He held this position until the sale of Thirau to CVTech in December 2005, where he served as Vice-President, Energy segment of CVTech until his retirement in May 2010. Mr. Aubert was a member of the Board since the Corporation's initial public offering in April 2005.
"On behalf of the Board, I would like to thank Mr. Aubert for his contribution to the growth and success of the Corporation and for his involvement with the Board and its committees. We wish him all the best in his future endeavours," said André Laramée, President and Chief Executive Officer of CVTech.
OVERVIEW OF THE CORPORATION
CVTech is a company operating in the energy sector. Through Thirau ltée and its subsidiaries, Riggs Distler Inc. and Thirau LLC, the Corporation provides services to the electric power industry for the maintenance of transmission and distribution lines, primarily in Quebec, Ontario and the eastern United States. Another Thirau ltée 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.
This document may contain forward-looking statements that reflect management's current expectations 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.
SOURCE: CVTECH GROUP INC.
For further information:
André Laramée, MBA
President and Chief Executive Officer
Mario Trahan, CPA, CMA
Chief Financial Officer
Martin Goulet, CFA