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CSM Systems Corp. Appoints New Board After AGM(April 19, 2012)
EDMONTON, ALBERTA -- (Marketwire) -- 04/19/12 -- CSM Systems Corp., (TSX VENTURE:CKX) is pleased to announce the results of its Annual General Meeting held April 11, 2012 and the election of new members of the Board of Directors. Newly elected to the board were Ted Power, Randa Kachkar and Dwayne Ellis. Re-elected to the board were, John Putters, Perry Kinkaide, Ron Jackman and Wally McNeil.
Following the AGM and the election of the board, directors of the company appointed a new chairman, Ted Power, President and CEO of Trace Applications. Mr. Power replaces John Putters as chairman, who remains as Chief Executive Officer of the company. Mr. Power has a history as a successful businessman and community leader in Edmonton. He was a founder of three public companies and, in 2002, was awarded The Queen's Jubilee Medal for public service. He was also a Regional Finalist for Ernst & Young's Entrepreneur of the Year in 2000. Mr. Power's vision helped create TraceAbility(r) and MetalTrace(r), both internationally acclaimed software solutions for tracking and handling of Quality Assurance and Quality Control documents in the metals industry.
Perry Kinkaide was appointed to mergers and acquisitions in order for the company to better assess opportunities in these areas. Mr. Kinkaide has extensive experience in technology, business management and consulting.
Mr. Kinkaide is the founder and President of the Alberta Council of Technologies, President and Chairman of the Board of Kinkaide Enterprises Inc., former Managing Director of KPMG Consulting in Edmonton and Assistant Deputy Minister with the Alberta Government. Upon retirement in 2001, Perry established KEI, for allocating venture capital and assigning operating officers to emerging technology-based, enterprises in Western Canada.
Randa Kachkar, the Company's CFO, was appointed as the Board's Secretary. Ms. Kachkar is also a member of the management team of the Company's operating division, Visionstate Inc., and is a seasoned entrepreneur with over twenty years of experience in publicly listed and private sector business and financial management, in various industries, including technology, property development, security, healthcare, financial management, commercial banking, to name a few.
Dwayne Ellis, who was also elected to the Board, is the Chief Information Officer for AGS Flexitallic, Inc., and is responsible for incorporating technology into the company's operation in order to develop strategic advantages over their competitors. Prior to joining AGS in 2001, Dwayne was an account manager, support manager and R&D manager for a local ERP software supplier. Dwayne is also the Marketing Director for the Edmonton Chapter of the CIO Association of Canada. Since the inception of the IBM PC, Dwayne has been involved in IT related roles that allowed him to gain knowledge and experience through on-the-job training. Through certificates from the University of Alberta and job experiences, Dwayne has succeeded in advancing himself through a number of IT related positions. He has since expanded his education with a Graduate Diploma in Management and has completed his MBA in the spring of 2011.
Visionstate is a leader in delivering interactive technology. Running on the Company's powerful content management system that is specifically designed for touchscreen applications, the software can be used in diverse settings, including recreation centers, schools, shopping centers, washrooms and food courts to name a few.
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