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Argus Corporation Limited Announces the Appointment of New Director.


TORONTO -- Argus Corporation Argus Corporation, based in Toronto, Ontario, is an investment and holding company founded in 1945 by its President E. P. Taylor with minority partners Colonel W. Eric Phillips and Wallace McCutcheon and other investors.  Limited ("Argus") (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:AR.PR.A)(TSX:AR.PR.D)(TSX:AR.PR.B) announced in its Status Update Report on January 21, 2005 that James A. ("Jay") Richardson of Toronto, Ontario has been appointed to be a Director of Argus.

Mr. Richardson is a Canadian Chartered Accountant char·tered accountant
n. Chiefly British Abbr. CA
A member of one of the institutes of accountants granted a royal charter.
 who has served as a partner of Clarkson Gordon (now Ernst & Young), a Canadian accounting firm. He has also served as a partner of two other accounting firms including as a Singapore partner of Arthur Young in Insolvency, Corporate Finance and Forensic Accounting Forensic accounting, sometimes called investigative accounting, involves the application of accounting concepts and techniques to legal problems. Forensic accountants investigate and document financial Fraud and white-collar crimes  and as a United Kingdom partner of KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 to start their Continental European corporate recovery practice.

Since his return to Toronto, Mr. Richardson has conducted a private practice including turnaround and process management services, including having acted as a consultant for Hollinger Inc. between August, 2004 and early January, 2005.

Mr. Richardson has served as an Officer or Director of several public companies including having serviced as the Interim Chief Executive Officer of Plaintree Systems Inc. He is presently a member of the Board of Directors of three other public companies and several private companies and charitable organizations.

Mr. Richardson has also been appointed to the Audit Committee of Argus.

ARGUS CORPORATION LIMITED (TSX:AR.PR.A) (TSX:AR.PR.D) (TSX:AR.PR.B)
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Publication:Business Wire
Date:Jan 24, 2005
Words:219
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