VANCOUVER, Aug. 30 /CNW/ - MetroBridge Networks International Inc. (TSX-V: MEB) a premier high-speed wireless broadband provider for business with operations in Canada and the United States, is pleased to announce that it has appointed Mr. Geoff Hamilton as Vice President of Corporate Development. Geoff brings an extensive background in acquiring businesses in both Canada and the United States through his experience with two other consolidators, the Loewen Group Inc. (Loewen) and DTI Dental Technologies Inc. (DTI). Most recently, he was Chief Acquisitions Officer for DTI, which he joined in 2000 when the company had $2 MM in annual revenue. At the time DTI was sold the Company was generating $45 million in annual revenues and Geoff had closed on 19 acquisition transactions. Geoff developed DTI's acquisition model, standardized the acquisition process, and set-up and ran the acquisition team. Prior to DTI, Geoff worked with Loewen as a Senior Manager of Corporate Development from 1995 - 1999. He assisted the growth of the company through acquisitions in Canada and the United States, and was responsible for closing 21 business acquisitions. Geoff has also worked as a Senior Account Manager with Bank of Montreal, a Senior Commercial Account Manager with National Bank of Canada, and a Senior Manager, Private Banking for Lloyds Bank of Canada. Dave King, President and CEO of MetroBridge said, "Geoff's experience in building acquisition processes and completing acquisitions is exactly what MetroBridge was looking for to drive our growth through acquisitions, and he will be an asset to our executive team. We welcome Geoff and look forward to his contributions." About MetroBridge Networks International Inc. MetroBridge, a leading international fixed wireless provider, delivers broadband wireless access using pre-WiMAX and other advanced wireless technologies. Its highly redundant mission critical network provides connections up to 2500Mbps in Arizona and British Columbia. MetroBridge's aggressive growth strategy includes acquisitions throughout North America and additional complementary products and services. The company operates in all market segments including police and 911 services, the financial industry, retailers and businesses of all sizes. MetroBridge was the first Canadian carrier selected to join the WiMAX Forum to assist the industry in establishing equipment interoperability. Please visit the Company's website at www.metrobridge.com. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This press release contains certain forward-looking statements that reflect the current views and/or expectations of MetroBridge Networks International Inc. with respect to performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly from those disclosed herein. Investors are cautioned not to rely on these forward-looking statements. MetroBridge Networks International Inc. does not undertake to update these forward-looking statements.
For further information:
For further information: Samantha Singh, MetroBridge Investor Relations, Direct: (604) 628-5627, Toll Free: (888) 628-1240, Fax: (888) 628-2650, ssingh@metrobridge.com
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