NEW YORK and MONTREAL, Sept. 25 /PRNewswire-FirstCall/ -- Northern Lights Airlines Ltd., a start up charter airline 50% owned by ICBS Limited, (Pink sheet, ICBM), today announced that at a board of directors meeting, Peter Papadatos has been elected President and CEO, former President and CEO, Garth McIntosh will assume the role of Vice President. The Board of Directors of Northern Lights Airlines announced today that it has elected Peter Papadatos as President and CEO to the Company's board. Peter Papadatos has a Professional Engineering degree from Concordia University with specialization in thermal fluid and propulsion systems. Peter also has over 20 years of aviation experience. He began his career as a designer for the CRG and Global Express. He was the Special consultant to Pratt & Whitney Canada for the new generation turbofans Peter has worked on over 7 new airplane designs and over 5 new jet engine designs. He was then responsible for developing the strategies and competitive awareness of a $250 Million maintenance repair and overhaul (MRO) business at Air Canada. He started up and led the first Marketing & Competitive Intelligence department in that division. Peter is presently with Bombardier Aerospace. "Peter is the architect of Northern Lights," said former company President & CEO Garth McIntosh, speaking from corporate headquarters in Montreal Wednesday. "I will be working with Peter and the other executive board members of the team, to guide the business.", said McIntosh. This news release includes statements that constitute forward-looking statements. Please be aware that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of any number of factors, including the risk factors contained in the Company's disclosure documents. DATASOURCE: Inter Canadian Business Service CONTACT: Garth McIntosh, President & CEO, 1-888-932-4402, http://www.icbs.ca/

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