TORONTO, Jan. 13 /CNW/ - Jite Technologies Inc. (TSX.V JTI -News) (the "Company", "Jite) is pleased to announce the appointment of Mr. Wenyi Su as a Director of the Company, subject to regulatory approval.
Mr. Wenyi Su has been newly appointed to the position of General Manager of Jite's Shenzhen plant (see press release dated December 15, 2009). Mr. Su had been the Vice President of McVicar Industries Inc. ("McVicar") for its China operations since 2006. Before joining McVicar, Mr. Su worked as General Manager of a Chinese public company and as a main financial person on merger and acquisitions in China.
"I am pleased with the addition of Mr. Su to our board of directors," said Dr. Gang Chai, Chairman of the board. "Mr. Su's understanding of Chinese business, his operational experience before and with McVicar and in particular his expertise in merger and acquisitions, will add great value to Jite and stimulate future growth."
JITE designs and manufactures electronic and electrical connection devices for security, industrial control, automation, telecommunication, and power supply industries. JITE is headquartered in Toronto, Canada and carries out research and manufacturing operations in Shenzhen, China at its ISO 9001 certified facility.
For more information, visit JITE at www.jite.com.
This press release contains forward-looking statements which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize.
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.
SOURCE JITE TECHNOLOGIES INC.
For further information: For further information: JITE Investor Contact: Ms. Exavier Peterson, Tel: (416) 366-7420; Or Chairman: Dr. Gang Chai, Tel: (416) 366-7420