Labrador Announces Election of Directors and Appointment of Officers
July 12 2013 - 2:44PM
Marketwired Canada
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.
Labrador Technologies Inc. (TSX VENTURE:LTX) ("Labrador" or the "Corporation")
is pleased to announce that at the Corporation's annual general meeting which
was held on July 2, 2013, the Corporation's shareholders re-elected H. Ronald
Sterne, George A. Wilson and Jeff Howe as directors of the Corporation. In
addition, the Corporation's shareholders elected Peter Huggard and Bruce
MacDonald as directors of the Corporation.
Mr. Peter Huggard is a retired business professional with 35+ year's experience
of providing consulting and innovative solutions to the Oil & Gas industry. He
is a retired Partner of PricewaterhouseCoopers LLP and a retired Charter
Accountant. Most recently Mr. Huggard was the President of Qbyte Services Ltd.,
a prominent software company providing business solutions to the Canadian Oil &
Gas industry, from July 1990 to July 2005 and Senior Vice-President Canadian
Operations of P2 Energy Solutions, a Global Oil & Gas software company providing
business solutions focused on optimizing clients' assets, from July 2005 to
August 2011.
Mr. Bruce MacDonald has 30+ years of business experience both directly in the
Oil & Gas industry and in providing software solutions to the industry. Most
recently Mr. MacDonald was Vice-President Qbyte Services Ltd. from July 1990 to
July 2005, holding various senior positions, and Senior Vice-President Global
Customer Support of P2 Energy Solutions, from July 2005 to February 2013.
Subsequent to Mr. Huggard's retirement from P2, Mr. MacDonald was also appointed
leader of P2's Canadian Operations. Mr. MacDonald is a member of the Institute
of Chartered Accountants of Alberta.
The Corporation is also pleased to announce that Mr. Bruce MacDonald has been
appointed as the Corporation's President and Chief Financial Officer.
In connection with the foregoing appointment, Mr. Jeff Howe has resigned as
Chief Financial Officer of the Corporation. Mr. Howe will continue as a director
of the Corporation. The directors wish to thank Mr. Howe for his continuing
valuable contributions to the Corporation.
Labrador(R) eTriever(TM) and wellTriever(TM) are secure, web-based, generic data
retrievers, which thrive in complex database environments such as the Oil & Gas
industry. eTriever and wellTriever go well beyond conventional methods of oil
and gas data retrieval to provide data access using computers, tablets, and
smartphones.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Labrador Technologies Inc.
Bruce MacDonald
President and Chief Financial Officer
(403) 607-7128
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