Azure Dynamics Announces the Appointment of Mr. Wu Tzu Chien to its Board of Directors.TORONTO -- Azure azure /az·ure/ (azh´er) one of three metachromatic basic dyes (A, B, and C). az·ure n. Any of various dyes used in biological stains, especially for blood and nuclear staining. Dynamics Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :AZD AZD Alpha Xi Delta sorority AZD Ambiguity Zone Detection (iterative decoder) )(LSE LSE - Language Sensitive Editor :ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. ) ("Azure Dynamics" or the "Company") a leading developer of hybrid electric powertrains for commercial and military vehicles is pleased to announce that Mr. Wu Tzu Chien is joining its Board of Directors effective immediately. Based in Singapore, Mr. Wu has over 25 years of experience in the defence automotive industry and is currently President of Singapore The President of the Republic of Singapore is the nation's head of state. In parliamentary systems like the Westminster system, which Singapore employs, the Prime Minister is the head of the government while the position of President is largely ceremonial. Technologies Kinetics (ST Kinetics), a leading land systems engineering company under the Singapore-listed Singapore Technologies Engineering Singapore Technologies Engineering is a global defence and engineering group of over 100 subsidiaries in 29 cities in 17 countries. Its customer base covers over 60 countries. Overview Its United States headquarters is a subsidiary Vision Technologies Systems Inc. Group. Over the years, Mr. Wu has transformed ST Kinetics from a conventional arms manufacturer into one that offers advanced and integrated land system solutions for both military and commercial customers. Mr. Wu concurrently sits on the Board of ST Kinetics and its major subsidiaries, and is also a member of the School Advisory Committee of the School of Mechanical and Production Engineering at the Nanyang Technological University Nanyang Technological University (Abbreviation: NTU) is a major research university in Singapore. The University's garden campus, known as the Yunnan Garden campus is in the southwestern part of Singapore. in Singapore. Campbell Deacon, Deputy Chairman & 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 Azure stated: "Mr. Wu's background in the defence automotive industry and his network in Asia will be of considerable value to Azure. His involvement with new technologies and his personal experience with global customers should contribute significantly to Azure's business development and growth." Mr. Wu commented: "I am excited to become a part of the Azure family. I see significant opportunities for Azure's technologies in the Far East and China, and am looking forward to working with the Azure team to develop these markets." Directorship Details: Mr. Wu, aged 55, currently holds and has held directorships, during the five years preceding the date of this announcement as follows: Current Directorships: - Allied Ordnance of Singapore (Pte) Limited - Autonomous Technology Pte Ltd - Chartered Ammunition Industries Pte Ltd - Chartered Pyrotechnic Industries Private Limited - CIS-Oerlikon Pte Ltd - CityCab Pte Ltd - JuzclickCar.com Pte Ltd - Mobility Systems Pte Ltd - Ordnance Development and Engineering Company of Singapore (1996) Private Limited - Ordnance Development and Engineering Company of Singapore (Private) Limited - Shanghai Elite Electric Vehicles Co., Ltd - Singapore Commuter Private Limited - Singapore Ordnance Engineering Pte Ltd - Singapore Technologies Dynamics Pte Ltd - Singapore Technologies Kinetics Singapore Technologies Kinetics (ST Kinetics) is the land systems and specialty vehicles arm of ST Engineering. The company holds a number of subsidiaries all over the world. It is related to Vision Technologies Systems Inc. Ltd - Singapore Test Services Private Limited - ST Automotive (Vietnam) Pte Ltd - ST Automotive Industrial Pte Ltd - ST Synthesis Pte Ltd - STA Detroit Diesel-Allison (Singapore) Pte Ltd - STA Inspection Pte Ltd - STA Investment Pte Ltd - Unicorn International Pte Limited Past Directorships: - Chartered Pyrotechnic Industries Private Limited (Alternate Director) - Cradance Services Pte Ltd - Solectria Corporation There are no further disclosures to be made in accordance with Rule 15 and schedule 2 (f) of the AIM Rules. Azure Dynamics Corporation and its group of companies is a world leader in the development and production of hybrid electric and electric commercial and military vehicles and systems. The group estimates it has over 25 million miles of vehicle experience. Azure Dynamics' operations are based in North America and Europe. Azure Dynamics is currently working internationally with various partners and customers including Purolator Courier Ltd., Canada Post, DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature , London Taxis International, US Department of Defence, Leyland Product Development, Renault Trucks UK and the United States Postal Service. Azure Dynamics Corporation is a public company trading on the TSX (AZD) in Canada and on AIM (ADC) in the UK. For more company information please visit our website at www.azuredynamics.com. The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release. Azure Dynamics Corporation (TSX:AZD) (LSE:ADC) |
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