Raydan Manufacturing Reports Resignation of Board Member
07 September 2010 - 11:32PM
PR Newswire (Canada)
EDMONTON, Sept. 7 /CNW/ -- EDMONTON, Sept. 7 /CNW/ - Raydan
Manufacturing Inc (the Company) (TSX-V:RDN) regrets to announce the
resignation of Michael Aberant from the Company's Board of
Directors. Mr Aberant has accepted a partnership with a large
accounting firm which does not allow its partners to serve on the
board of a public company. He, therefore, tendered his resignation
effective August 30, 2010. With the approval of management, Mr
Aberant will attend the Annual General Meeting in his former
capacity as Chairman of the Audit Committee. "We will miss Mike's
support and guidance," stated Ray English, President and CEO. "We
wish him luck in his future endeavors." About Raydan Manufacturing
Raydan Manufacturing Inc, based in Edmonton, Alberta, develops and
produces specialized suspension and coupling systems for trucks,
trailers and heavy equipment, as well as operates a chassis
modification centre. Established in 1992, Raydan exports its
innovative, high-quality products to end-users and original
equipment manufacturers (OEMs) in the heavy-duty truck, crane,
fire/rescue and other severe use sectors around the world. The TSX
Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. This
news release contains forward-looking statements that involve risks
and uncertainties, which may cause actual results to differ
materially from the statements made. Potentially, many factors
could cause our actual results to vary materially from those
described herein as intended, planned, anticipated or expected.
Raydan Manufacturing Inc. does not intend and does not assume any
obligation to update these forward-looking statements. %SEDAR:
00014612E Raydan Manufacturing Inc.; Joan Richardson, Office
Manager/Investor Relations, 780 955 2859, 888 472 9326,
jrichardson@raydanmfg.com, www.raydanmfg.com; Derrek Dobko,
Controller, 780 955 2859, 888 472 9326, ddobko@raydanmfg.com,
www.raydanmfg.com
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