Cryopak Announces Management Succession.Business Editors/Health/Medical Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 9, 2004 Cryopak Industries Inc. (TSX-V:CII CII Confederation of Indian Industry CII Chartered Insurance Institute (UK) CII Construction Industry Institute (University of Texas) CII Council of Institutional Investors )(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYPKF) today announced that as part of its ongoing succession planning Management Succession Planning In organizational development, succession planning is the process of identifying and preparing suitable employees through mentoring, training and job rotation, to replace key players — such as the chief executive officer (CEO) — , Mr. John Morgan John Morgan is a common name, especially in Wales, UK. Well-known people with this name include: Per profession
Mr. Martin Carsky, currently the Company's Chief Financial Officer, has been named as the new President and Chief Executive Officer. He will also be appointed to the Company's Board of Directors. Mr. Carsky joined the Company in June 2003 and has been leading the Company's re-positioning efforts since that time. A Chartered Accountant char·tered accountant n. Chiefly British Abbr. CA A member of one of the institutes of accountants granted a royal charter. by training, Mr. Carsky has extensive capital markets, acquisitions and restructuring experience. Mr. Chris Ebbehoj, currently the Company's Vice President, Corporate Controller has been appointed Vice President, Operations Controller responsible for implementation and maintenance of the Company's operating and financial information systems. Mr. Ebbehoj is a Chartered Accountant and has over 25 years financial and operations experience in both public and private companies. Mr. Craig Watson Craig Robert ("Wattie") Watson (born 2 June, 1971 in Invercargill) is an athlete from the New Zealand, who competed in triathlon. Watson competed at the first Olympic triathlon at the 2000 Summer Olympics. He took sixteenth place with a total time of 1:50:01.85. , a Certified General Accountant Certified General Accountant (CGA) is a professional designation representing members of the Certified General Accountants Association of Canada (CGA-Canada), provincial and territorial CGA Associations as well as CGA Associations overseas. with over 10 years public company financial experience, has been promoted to Corporate Controller responsible for day-to-day financial and public company reporting. Mr. Ebbehoj and Mr. Watson, who joined the Company during the summer of 2003 and have been responsible for executing the re-positioning, together will support Mr. Carsky in formulating and executing the Company's financial strategies and practices going forward. About Cryopak Cryopak Industries Inc. develops, manufactures and markets quality temperature-controlling products such as the premium patented Cryopak Flexible Ice(TM) Blanket, as well as flexible hot and cold compresses, gel packs, and instant hot and cold packs. For more information about Cryopak Industries Inc. or its products, visit the Company's Website at www.cryopak.com or call 1.800.667.2532. ON BEHALF OF THE BOARD OF DIRECTORS John McEwen, Chairman Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ from those expressed or implied by such forward-looking statements. 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. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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