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Force Technologies - Change of Directors.


VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 2, 1996-- Force Tech.(CANADIAN DEALING NETWORK Canadian Dealing Network (CDN)

The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991.
 FRCE. ) Gordon Lee Gordon Lee may refer to:
  • Gordon Lee (footballer) (1934–)
  • Gordon Lee (congressman) (1859–1927), U.S. congressman from Georgia
  • Gordon Lee (politician), Canadian MLA from Athabasca
 the President and Director of the Company wishes to advise that the Company has accepted the resignation of Norman Bonin effective immediately as a Director. The Company wishes to announce the appointment of Anton J. Drescher as a Director of the Company.

In addition the Company wishes to advise that it is negotiating the sale of its subsidiary, Direct Disposal Corp. hereafter DDC See VESA DDC. . Sale revenues have consistently grown since DDC's January 1993 inception, however it has incurred cumulative losses to January 31, 1996 of $342,038 and losses of $56,662 during the current fiscal year for total cumulative losses to August 31, 1996 of $398,700. The disposition of DDC will assist in facilitating the necessary financing required for the joint venture agreement with WTS See Windows Terminal Server.  Bureau Systems, Inc.

On behalf of the board "Gordon F. Lee" Gordon F. Lee -0-

Note to editors: No regulatory authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest
regulatory agency

administrative body, administrative unit - a unit with administrative responsibilities
 or stock exchange has approved or disapproved the contents of this release.

CONTACT: Force Technologies Inc.

Gordon F. Lee, 604/685-1017

604/685-5777 (FAX)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 8, 1996
Words:187
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