CALGARY, Aug. 30 /CNW/ - Galvanic Applied Sciences Inc. TSX-V: GAV-V
("Galvanic" or the "Company") wishes to announce that Messrs Peter C.
Bourgeois, Walter Chayka, Robert Johnston and Grant Reeves were elected
as directors at the annual general and special meeting of shareholders
held on August 26, 2010. At a board meeting held following the
shareholder meeting the board approved the appointment of Peter
Bourgeois as Lead Director and Grant Reeves as Chairman of the Board.
Galvanic also announces that on August 26th, 2010 the board
approved the appointment of Ms. Helen Cornett as Chief Executive Officer
of Galvanic. "Helen has been preparing for this role over the last
couple of years and we are pleased to announce her promotion", says
Grant Reeves. "We have full confidence her leadership will provide a
clear direction and the discipline necessary to execute the Company's
strategic plans." Galvanic wishes to thank Ms. Cornett for her exemplary
past service as Chief Financial Officer and Executive Vice President.
Galvanic is also pleased to announce the promotion of Pam Clarke, CGA,
to the position of Controller and Acting Chief Financial Officer. Ms.
Clarke has been responsible for the general accounting activities of the
Company. "I am very pleased that Pam's dedication and hard work have
positioned her to assume these increased responsibilities. I have every
confidence that she will continue to carry out her duties with the
diligence and care that is necessary in this new role." says Helen
Galvanic Applied Sciences Inc. is an innovative electronic technology
company that develops instrumentation and manufactures equipment for the
natural gas processing and distribution markets and liquids process
markets. Products include analyzers for sulfur and BTU measurement in
gases, electronic volume correctors and recorders used in combination
with commercial natural gas meters, and tytrators, viscometers,
suspended solids and turbidity analyzers for on-line liquid analysis.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements: This news release contains forward looking
statements based on management's current expectations. The reader is
cautioned that assumptions used in the preparation of such information,
although considered reasonable by Galvanic at the time of preparation,
may prove to be incorrect. The forward looking statements contained in
this news release are made as at the date of this news release and,
except as required by applicable securities laws, Galvanic does not
undertake any obligation to update publicly or otherwise any such
SOURCE Galvanic Applied Sciences Inc.
For further information: For further information:
Helen Cornett, Chief Executive Officer, 403-258-9704