AirBoss Appoints CFO.NEWMARKET, Ontario -- Robert Hagerman, President and Chief Executive Officer of AirBoss of America Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BOS) is pleased to announce the appointment of Stephen Richards to the position of Vice President, Finance and CFO See Chief Financial Officer. . Stephen is taking over from Axel Breuer who will remain with the company as a Vice-President dealing with the new internal control regulatory requirements. As a key member of AirBoss' management team, Stephen will provide financial leadership and play an important role supporting the Company's growth plans. In his role as Vice President, Finance and Chief Financial Officer, Stephen is responsible for all financial operations including corporate reporting, treasury and information technology. He is a Chartered Accountant with a Bachelor of Commerce The Bachelor of Commerce is a bachelor's degree in business management, accounting and economic fields. The degree is also known as the Bachelor of Commerce and Administration (BCA). degree from the University of Toronto Research at the University of Toronto has been responsible for the world's first electronic heart pacemaker, artificial larynx, single-lung transplant, nerve transplant, artificial pancreas, chemical laser, G-suit, the first practical electron microscope, the first cloning of T-cells, . Prior to joining AirBoss, Stephen was Vice President Finance at a TSX listed transportation company. He began his financial career at Ernst & Young LLP LLP - Lower Layer Protocol , and has since held roles of increasing responsibility in transportation, manufacturing, and professional services in both public and private company environments. AirBoss of America Corp. develops, manufactures, and sells high quality, proprietary rubber-based products offering enhanced performance and productivity to transportation, military and industrial markets. With a capacity to supply over 200 million pounds of rubber annually to a diverse group of rubber manufacturers, AirBoss is also one of North America's largest custom rubber compounding companies. The Company's shares trade on the TSX under the symbol BOS. Visit www.airbossofamerica.com. AIRBOSS FORWARD LOOKING STATEMENT DISCLAIMER This report contains forward-looking statements which reflect management's best judgement based on factors currently known but involve significant risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors, including but not limited to risks more fully described in the "Risk factors" section of the Company's Annual Report, and other risks detailed in filings with the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. . Forward-looking information provided pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. established by recent securities legislation should be evaluated in the context of these factors. Airboss of America Corp. (TSX:BOS) |
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