Crossfield Capital Corp.: Press Release.TORONTO -- Crossfield Capital Corp. (the "Corporation") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CXF CXF Chemical eXchange Format ) announced today the board of director's decision to change the Corporation's name to Royal Laser Corp., a change which is required to be approved by the Corporation's shareholders at its upcoming annual general and special meeting. The Corporation's wholly owned operating subsidiary, Logan Metals Inc., earlier changed its name to Royal Laser Mfg Inc. Commenting on the name change, Bill Iannaci, 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. stated: "Part of our strategic vision is to emulate the growth and success of Royal Laser Technology Corp. Our marketplace is familiar with the Royal Laser name - a name that is known for quality and precision manufacturing, and excellence in customer service. We are proud to return to the market as Royal Laser." To coincide with the name change, the Corporation is pleased to unveil a new Royal Laser logo as shown above or via the following link: www2.ccnmatthews.com/database/fax/2000/cxf0609.jpg In conjunction with the Corporation's change of name and new logo, and following the reverse take over of its operating subsidiaries Royal Laser Mfg Inc. ("Royal Laser") and WAM WAM - Intermediate language for compiled Prolog, used by the Warren Abstract Machine. "An Abstract Prolog Instruction Set", D.H.D. Warren, TR 309, SRI 1983. Industries Ltd. ("WAM") in February 2005, the Corporation has also changed its year end from April 30 to March 31st and its auditor to KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen LLP LLP - Lower Layer Protocol . Royal Laser and WAM both had December 31st year ends and have been audited by KPMG LLP since 2003. The change of auditor occurred in connection with the reverse takeover, no reportable event has occurred, and shareholders will be asked to confirm the appointment of KPMG LLP as auditors at the Corporation's upcoming annual general and special meeting. The Corporation, through its wholly owned operating subsidiaries Royal Laser and WAM, manufactures custom wood and metal products and targets the multi-billion dollar high-end retail in-store development industry as well as the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and industrial products and construction industries, in Canada, the United States and increasingly, overseas. Royal Laser and WAM employ state-of-the-art industrial technology to fabricate custom and standardized wood and metal products, including robotic wood finishing lines and advanced laser-based computer-integrated manufacturing systems. In addition to contract manufacturing services, Royal Laser and WAM provide value-added engineering and design services. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for the adequacy or accuracy of this release. Crossfield Capital Corp. (TSX VENTURE:CXF) |
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