BURNABY, BC, Jan. 7, 2014 /CNW/ - IWG Technologies Inc.
(IWG-T) announces that effective January 6,
2014 Darryl E. Jacobs was appointed as President,
International Water-Guard Industries Inc. (IWG-I). Mr.
Bruce MacCoubrey, current President,
will work to transition the leadership of the IWG team to Mr.
Jacobs and will continue to serve as a member of the Board of
Directors of IWG-T.
Mr. Jacobs brings over 20 years' experience in the aviation
industry to IWG. Mr. Jacobs successfully directed the start-up and
early year development phase of FLYHT Inc. as its Founder and
President in Calgary,
Alberta. He was Sr. VP Marketing and Business
Development with TASS Inc. a US company, which provides technical
services to airlines, OEM's and MRO's around the world. Most
recently Darryl provided technical assistance to the aviation
industry through Inter-Action Enterprises located in B.C.
Mr. Jacobs' expertise in complex aircraft systems, design,
development, airworthiness engineering and installation will be
invaluable to IWG-I as it moves forward with new products and
customers. Mr. Jacobs' in-depth experience in business development
will help guide IWG with its growth plan. The board welcomes Mr.
Jacobs to the IWG management team as it continues to achieve
profitable growth for the Company.
The Board also thanks Mr. MacCoubrey for his tireless efforts
over the past 18 months in working with International Water-Guard
Industries team through a challenging transition period providing
significant revenue and profit growth for the company. His
future contribution will allow a smooth transition of leadership
that will benefit all stakeholders.
IWG Technologies, Inc. is the public holding company for
International Water-Guard Industries Inc., a Canadian aerospace
company providing innovative solutions and products to the aviation
industry, more specifically, aircraft potable water treatment,
water systems, heaters and components. These products are
lightweight and compact and provide high quality
temperature-controlled water for passengers, crew, and the aircraft
operator.
On behalf of the Board of Directors
IWG Technologies Inc.
"Bruce W. Gowan"
Chair of the Board
This news release contains certain forward-looking
statements that reflect the current views and/ or expectations of
IWG with respect to its performance, business and future events
including statements with respect to completion of proposed or
future transactions. Such statements are subject to a number of
risks, uncertainties and assumptions, which may cause actual
results to be materially different from those expressed or implied
including the risk that required approvals will not be obtained and
that suitable additional businesses may not be identified.
IWG assumes no future obligation to update these forward looking
statements except as required by applicable securities
laws.
The TSX Venture Exchange has not reviewed and
does not accept responsibility for the adequacy or accuracy of this
release
TSX VENTURE: IWG
SOURCE IWG Technologies Inc.