Andaurex Announces New Directors.TORONTO--(BUSINESS WIRE)--June 13, 1997--Andaurex Industries Inc. (VSE See DOS/VSE. VSE - Virtual Storage Extended AWX.) today announced that at the Company's Annual Meeting held in Toronto yesterday, shareholders approved the appointment of Dr. Murray J. Stewart to the Board of Directors. The addition of Dr. Stewart, as well as the recent appointment of Mr. Jacob Van Ginkel, have added greatly to the depth and experience of the Company's Board. Dr. Stewart is President of Stewart Advantage Consultants Inc. which specializes in strategic, operational and financial planning and is President and 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 the Canadian Nuclear Association The Canadian Nuclear Association (CNA) is a non-profit organization established in 1960 to represent the nuclear industry in Canada and promote the development and growth of nuclear technologies for peaceful purposes. . Prior to founding his own company, Dr. Stewart was President and CEO of a leading supplier of equipment and services to the North American and international power utilities markets. Dr. Stewart is a professional engineer with a Ph.D. in Metallurgical Engineering. Mr. Van Ginkel is currently a consultant to several venture capital funds Venture Capital Funds An investment fund that manages money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. Notes: with respect to evaluating potential investments and has previously been CFO See Chief Financial Officer. of a number of companies including a major Canadian contracting firm. Mr. Van Ginkel has a civil engineering degree and is a Chartered Accountant. Andaurex is a rapidly growing knowledge based company that is successfully exporting Canadian engineering, design and project management expertise to developing countries and emerging markets. The Company's shares trade on the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). under the symbol AWX. CONTACT: Andaurex Industries Inc. Gregory B. Bowes, 905/470-0104 or Hume, Kieran Inc. Marla Gale, 416/868-1079 Cathy Hume, 416/868-1079 |
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