Ottawa – March 30, 2015 – BluMetric Environmental Inc. (TSX.V: BLM), an Ottawa-based cleantech company, today announced several changes to its Board of Directors following its annual general meeting, held March 26, 2015.
Mr. Ron Clifton was elected to the Company’s Board of Directors by shareholder consent. Ron Clifton, MASc, P.Eng., is a professional engineer with a broad range of corporate experience running and growing international high-tech companies. As President and founder of CliftonGroup International Limited, Mr. Clifton has provided consulting services to C-level executives in both SMEs and the business units of larger companies. In addition to a number of president and CEO posts, Ron served as General Manager of Zenon Environmental Systems Inc. (a water and wastewater treatment company acquired by GE Water in 2006), and has both public- and private-company experience at senior management, operations, project management, and board levels. (More information is available on the CliftonGroup website at www.cliftongroup.ca.)
BluMetric also announced the retirement of Mr. Denis Douville, who has served for four years on the boards both of BluMetric and one of its predecessor companies.
By majority shareholder consent, the BluMetric board now consists of Mr. Jordan Grant, Ms Jane Pagel, Mr. Roger Woeller, Mr. Murray Malley, and Mr. Ron Clifton. Mr. Ian Malone, formerly BluMetric’s CFO, will act as Secretary to the Board.
BluMetric also announced the appointment of Mr. Murray Malley as Board Chair. Effective immediately, Mr. Malley, an independent board member for the past 18 months who chaired the Board’s Audit Committee, will be taking over the position from Mr. Jordan Grant. Mr. Grant, who has served BluMetric as Chairman since the Company’s creation in 2012, and served as Chairman as well as interim CEO of a predecessor company, will continue to sit on the Board as a Director.
Murray Malley, CA, MBA Int’l., ICD.D, is President of Malley Associates, founded in 2007, an association of C-suite executives who provide small- and mid-cap companies with mentoring and guidance on financial strategies, governance, and corporate sustainability. For the past 11 years, Mr. Malley has also served as President of HRand Inc. and its predecessor company, MediDirect. He developed a single-platform, fully integrated human resource software suite of payroll, benefits, and HR information systems. His extensive experience at the senior executive level spans a wide range of industries, including waste management. Currently, he sits on the boards of HRand Inc. and Group Employee Mortgage Inc., as well as BluMetric. (More information is available on his corporate website, www.malleyassociates.com.)
“I am excited about BluMetric’s future,” said Murray Malley. “I believe that BluMetric’s strategy of focussing on its strong new integrated technologies and innovative products will position it well to build significant sales and profits.”
“BluMetric will be well served by this board, with its strength in finance, governance, and business, and its knowledge of and familiarity with BluMetric and our sector,” said Roger Woeller, CEO of BluMetric. “We are very pleased to welcome Ron Clifton to the BluMetric Board. His expertise and knowledge of our specific business, business in general, and board experience will serve us well as we continue to build BluMetric’s reach. At the same time, we would like to wish Denis Douville well in his coming retirement, and thank him for his many contributions during the years he served on our Board. We also thank Murray Malley for agreeing to serve as incoming Chair, and particularly thank Jordan Grant for the depth of his commitment to BluMetric and the breadth and effectiveness of his activities as our inaugural Board Chair.”
For additional information, please refer to the Company’s filings at www.sedar.com, and please also see our new corporate update, the BluBulletin.
BluMetric, a cleantech company, delivers sustainable solutions to complex environmental issues. The Company serves clients in many industrial sectors, and at all levels of government, in Canada and abroad.
BluMetric operates through two groups:
More information can be obtained at www.blumetric.ca
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. The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. Some of the statements in this press release, including those relating to the Company’s strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.
Roger Woeller, CEO
BluMetric Environmental Inc.
Tel: (613) 839-3053 x242
Robin M. Sundstrom
IRonside Investor Relations
Tel: (647) 822-8111