ACT Aurora Control Technologies Announces Appointments, Option Grants and Product Shipment
12 Fevereiro 2014 - 3:35PM
Marketwired
ACT Aurora Control Technologies Announces Appointments, Option
Grants and Product Shipment
NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 12, 2014)
- ACT Aurora Control Technologies Corp. (TSX-VENTURE:ACU) ("Aurora"
or the "Company") is pleased to announce that the Board of
Directors has appointed Michael Heaven as Executive Chairman
effective January 1, 2014. Mr. Heaven will be responsible for
strategic planning, budgeting, public market activities and other
duties as designated by the Board of Directors. Mr. Heaven is a
co-founder of the company and has served as the Chairman of the
Board since April 2013. He spent 13 years with Honeywell and
Measurex in senior roles responsible for measurement and control
technology, has authored numerous patents and was instrumental in
bringing a number of game-changing inventions to market. He has
held C-level positions in a number of technology companies and has
a proven record of delivering exceptional business results.
Aurora is also pleased to announce the appointment of Steve
McDonald to Vice President, Business Development in recognition of
the significant contribution he has made to the company. Steve has
been instrumental in obtaining market qualification for the Decima
CD and is playing a key role in the commercialization of the
product line.
The Board of Directors has granted an additional 390,000
incentive stock options to directors, officers and employees for
their contributions to the company. The exercise price of the
options is set at $0.37 and will expire in five years. The stock
options are subject to regulatory approval.
Aurora is also pleased to announce the shipment of a Decima CD
and Aurora PMC to SIBCO BV, its partner in business development,
marketing and installation of Aurora's inline measurement and
control products in the People's Republic of China. This initial
shipment is for demonstrations and product evaluations by potential
customers in China, some of which are expected to commence in the
first quarter of 2014.
About Aurora:
ACT Aurora Control Technologies Corp. develops, manufactures and
markets inline measurement systems for the photovoltaic industry.
Headquartered in North Vancouver, Canada, and founded by
experienced leaders in process measurement, semiconductor
manufacturing and industrial automation, the Company's inline,
real-time measurement and control products provide photovoltaic
cell manufacturers with the means to lower production costs and
increase profitability. The Company's shares are listed on the TSX
Venture Exchange and trade under the symbol "ACU".
For more information, the Company's website is located at
www.auroracontrol.com.
Neither the 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.
Some statements in this news release contain forwardlooking
information. These statements address future events and conditions
and, as such, involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the statements.
The Company does not assume the obligation to update any
forwardlooking statement.
Gordon Deans, P.Eng.President & CEOACT Aurora Control
Technologies Corp.+1 (778)
241-5000info@auroracontrol.comwww.auroracontrol.com
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