TSX Venture Exchange Trading Symbol - NIT
35,583,829 shares outstanding
MARKHAM, ON, Aug. 14 /CNW/ - Neotel International Inc. ("Neotel") is
pleased to announce that Mr. Inder Duggal has joined the Board of Directors.
Mr. Inder Duggal spent over fourteen years with Hummingbird and served as
CFO, Secretary and Treasurer of Hummingbird Ltd. and the last seven years he
was a director of the Company. Mr. Duggal was responsible for finance, legal,
M&A investor relations and corporate governance. He also worked closely with
the sales organization and worked closely with the Board to develop overall
Hummingbird Ltd. was a leading global provider of enterprise software
solutions and was the third largest software Company in Canada before being
acquired in late 2006. Mr. Duggal was a significant part of this company's
success in growing from $1 million in revenues to over $250 million in
Mr. Frank Maw, Chairman of the Board, is delighted that Mr. Duggal has
agreed to join the Board, "Inder's extensive background and experience in
finance and corporate governance at the Board level will be of great
assistance to Neotel going forward. Mr. Duggal will take over as Chair of the
Audit Committee at the next meeting of the Board."
ABOUT NEOTEL INTERNATIONAL INC.
Neotel is a provider of secure fax, biometric signature authentication
and other secure solutions to enterprise and government. Neotel offers clients
a portfolio of secure solutions to protect assets, reduce costs, increase
revenues and comply with government and industry regulations. Neotel's
biometric identification solution allows for electronic signature capture that
is uniquely personal and impossible to forge. Neotel, through its subsidiary,
Admiral Secure Products Ltd., is a leading provider of secure fax devices
designed to protect sensitive facsimile communications from inadvertent or
intentional disclosure. Admiral's products are utilized by government
departments and financial service organizations which require maximum security
to protect the transmission of highly private and confidential information.
Additional information about Neotel is available at www.neotel.ca.
For further information:
For further information: Maureen Espin, Neotel International Inc., Tel:
(905) 948-9229 x28