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Unican Security Systems Ltd.: Announcement.


MONTREAL--(BUSINESS WIRE)--April 22, 1999--

Aaron M. Fish, Chairman and 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 Unican Security Systems Ltd. (ME:UCS (Universal Character Set) An ISO/IEC format for coding character sets. ISO/IEC 10646 was synchronized with Unicode; however, Unicode adds additional constraints, and compliance with 10646 does not guarantee compatibility with Unicode. See Unicode. .A) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:UCS.A)(ME:UCS.B)(TSE:UCS.B) announces that, effective April 23, 1999, Unican is realigning Corporate Group responsibilities.

Massimo Bianchi, currently Managing Director of the Silca Group in Europe, will assume the position of Executive Vice President, European Operations.

Nelson Gentiletti, currently Vice President, Finance, will become Senior Vice President, Finance and Administration and Chief Financial Officer.

Frank Belflower, currently General Manager, Ilco Unican Corp., Rocky Mount Rocky Mount, city (1990 pop. 48,997), Edgecombe and Nash counties, E N.C., on the Tar River; settled by 1818, inc. 1867. The growing city is the commercial and distribution center of a rich agricultural area (tobacco, cotton, and corn) as well as a large tobacco  Division, will become Senior Vice President, United States Operations.

Stan Mazoff, currently Vice President, Corporate Development, will become Senior Vice President. In addition to his current responsibilities, Mr. Mazoff will assume the duties of General Manager, Unican Electronics Division.

Each of these executives will report directly to Mr. Fish.

Aaron Fish stated "We believe that this realignment re·a·lign  
tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns
1. To put back into proper order or alignment.

2. To make new groupings of or working arrangements between.
 will enable the Company to continue to successfully execute its global growth strategy in each of the areas for which these individuals have responsibility."

Unican Security Systems Ltd., with sales in excess of $450,000,000 Cdn., is a leading global supplier of electronic access control products for both the hospitality and commercial sectors, as well as mechanical and electronic security products for the safe and vault industry. Unican is also the world's leading supplier of key blanks, key cutting equipment and mechanical pushbutton push·but·ton  
n. also push button
A small button that activates an electric circuit when pushed.

adj. also push-but·ton
Equipped with or operated by a pushbutton.
 locks.
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Publication:Business Wire
Geographic Code:1CANA
Date:Apr 22, 1999
Words:232
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