MONTREAL, March 16 /CNW Telbec/ - E-Claim Solution Inc. (the "Company")
(TSX-V: ECL) is pleased to announce that a change of name to "Les Systèmes
BUS/BUS Systems Inc." was approved by the Company's shareholders at its annual
and special meeting held in Montreal yesterday.
The shareholders also elected the following people to the Company's board
of directors: Valier Boivin, Jean-Denis Talon, Yves Marmet, Claude Roy,
Claude Savard, Michel Maheux, Daniel Beaucage and Normand Hébert.
The following are brief biographies for those directors who are newly
elected to the board:
Claude Savard From 2005 to January 2007, Mr. Savard acted as a
consultant for the Company. From March 2000 to
September 2005, he was Chief of Operations at AVW-
TELAV Solutions audiovisuelles, a company specialized
in the rental and sale of audiovisual products and
simultaneous translation in Canada.
Michel Maheux Mr. Maheux has been President of Conseillers Michel
Maheux inc. since April 2006. From 1997 to 2006, he
acted both as Senior Vice-President, Development of
the North American market and Executive Vice-President
for the Groupe Automotive du Canada of Uni-Sélect Inc.
Daniel Beaucage Mr. Beaucage has been President of Beaucage Chevrolet
Cadillac Ltée since 1992.
Normand Hébert Mr. Hébert has been President and Chief Executive
Officer of Groupe Park Avenue inc. for 15 years.
Mr. Hébert is also Chairman of the Board of the
Société des alcools du Québec.
Furthermore, the board of directors proceeded with the appointment of
Claude Savard as President and Chief Executive Officer of the Company.
The shareholders also approved the Company's stock option plan for
directors, officers, employees and consultants of the Company (the "Plan").
The Plan provides that the options granted will not exceed a term of five (5)
years, that they will be granted at an exercise price to be established by the
directors according to the terms that they may set out, the whole in
compliance with the applicable regulatory policies. The maximum number of
common shares that may be reserved for the grant of options pursuant to the
Plan may not exceed 10% of the total number of issued and outstanding common
shares of the Company at any given moment. Furthermore, for a period of
12 months, the maximum number of options which may be granted to a beneficiary
shall not exceed 5% of the issued and outstanding shares.
About E-Claim Solution
E-Claim Solution operates an interactive and transactional internet
portal for the management, processing and follow-up of insurance claims,
including management of relations and the exchange of information between the
E-Claim's mission is to offer an evolving, integrated electronic solution
that allows those involved in the claims sector or automotive events industry
to come together to exchange information, perform all of the transactions
required within the framework of their respective activities and continuously
improve the efficiency of claims processing.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this press release.
For further information:
For further information: E-Claim Solution: Claude Savard, President and
CEO, (514) 350-5252, firstname.lastname@example.org; SOLAK Communications: François
Kalos, (514) 817-9987, email@example.com