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AirBoss Appoints New COO.


News Editors

NEWMARKET, Ontario--(BUSINESS WIRE)--May 3, 2004

AirBoss of America Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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:BOS) ("AirBoss") announces the appointment of A. Kim Aagaard, B.A., M.B.A., C.A., as Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of the company effective immediately. Mr. Aagaard, 57, has had a successful career as a senior executive in polyethylene film and packaging, auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
  • Air filter
  • Automobile self starter
  • Bell housing
  • Brakes
  • Bucket seat
  • Bumper
  • Buzzer
  • Battery
 manufacturing and 15 years in polymer compounding. He was CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Synergistics Industries Limited at the time of its takeover by the Geon Company, now PolyOne Corporation.

R.L. Hagerman, CEO of AirBoss commented, "The addition of management strength at the COO level is an important step in the evolution of AirBoss as an industry leader in custom rubber compounding and specialty rubber products for the military and transportation industries. Kim's wealth of experience will serve us well in achieving our plans for major growth and increased profitability."

Mr. Aagaard will be based at the corporate head office in Newmarket, Ontario Newmarket (2006 Population 74,295) is a town located approximately 45 km north of Toronto, Ontario, Canada. Newmarket is served by three interchanges along Highway 404. It is the seat of York Region. Southlake Regional Health Centre (hospital) is located in Newmarket. , and will be directly responsible for all existing operations of the company. He will have the additional responsibility for the implementation of the company's business plan which includes significant new growth in existing and complementary new businesses.

AirBoss is a manufacturer of proprietary rubber products for the military and transportation industry. AirBoss is also one of North America's largest custom rubber mixing companies serving a wide range of industries.

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.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:May 3, 2004
Words:326
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