ESV

E.S.I. Environmental Sensors Inc. ("ESI" or the "Company") (TSX VENTURE:ESV) is pleased to announce the appointment of Matteo Beffa to the Board of Directors for the Company. The Company continues to execute its new strategy with regard to board and executive management restructuring. Appointed as a Director at the Company's Annual and Special Meeting, Mr. Beffa adds his irrigation industry experience and expertise to the Board.

Educated and trained as an agricultural engineer, Mr. Beffa brings extensive expertise and experience in agricultural/recreational irrigation to the Board of ESI. Mr. Beffa spent five years at Toro's Swiss subsidiary, where he restructured the irrigation department (distribution, marketing, technical) and handled key accounts in the Swiss Golf-Turf market. As part of an independent assignment, Mr. Beffa played a vital role in developing one of the first rainwater drip irrigation systems. In 2005, Mr. Beffa founded his own company, 'MultiOne Suisse', where he now focuses on import and distribution of landscaping, agriculture, and irrigation equipment for green areas. Mr. Beffa has considerable ties to the European irrigation industry and is committed to supporting ESI in becoming a market leader. Mr. Beffa has obtained a Diploma in Agriculture and has supplemented his diploma with advanced education in Agro-Economics and Business Management in Zurich, Switzerland. In addition, Mr. Beffa is fluent in German, English, Italian and French.

Mr. Beffa will take the Board seat of Ingvard Find, who, while continuing to serve as the Company's President and CEO, has decided to step down from the Board and to not renew his Board assignment for another term.

As a result of a settlement agreement with a former employee of the Company, a shares for debt transaction has been filed with the TSX Venture Exchange for the issuance of 526,330 shares (at a deemed price of $0.05 per share) in order to conserve the financial capital of the Company.

About ESI

ESI is a leading manufacturer of patented and proprietary solutions for environments where understanding the presence, movement, and/or amount of water are important. Major market sectors include: agriculture, golf and turf, scientific research, civil engineering, mining, environmental monitoring and crude oil production. ESI solutions have been successfully introduced into more than 40 countries to enable customers to optimize their operations by monitoring the presence and movement of water, managing irrigation systems, and monitoring the integrity of landfill covers. In addition, ESI's Flo.Point(TM) instrument has been deployed in the oil industry to measure the volumetric presence of water pumped during crude oil extraction for characterization and optimization of the process. ESI differentiates itself by translating the best technology and science available into practical, easy to use solutions. Irrigation managers, reservoir engineers, and scientists have adopted ESI's products for their accuracy, ease of use, repeatability, and ability to operate in challenging environments. ESI is publicly traded on the TSX Venture Exchange under the symbol "ESV". Further information about ESI may be obtained through the Company's website at www.esica.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: E.S.I. Environmental Sensors Inc. Investor Relations 250.655.3211 or 1-800.799.6324investor.relations@esica.com E.S.I. Environmental Sensors Inc. Bernard M. Beauchesne Media and Investor Relations Contact 250.655.3211 or 1-800.799.6324bbeauchesne@esica.comwww.esica.com

E.S.I. Environmental Sensors (TSXV:ESV)
Historical Stock Chart
From Apr 2024 to May 2024

E.S.I. Environmental Sensors (TSXV:ESV)
Historical Stock Chart
From May 2023 to May 2024