E.S.I. Environmental Sensors Inc. ("ESI" or the "Company") (TSX VENTURE: ESV), after an exhaustive search and in keeping with promises made to shareholders at the last Annual General Meeting, is pleased to announce that Mr. Ingvard Find has joined ESI as its new President and Chief Executive Officer. Mr. Find will also serve on the Company's Board of Directors. A seasoned senior level executive, Mr. Find brings to ESI more than 25 years of business leadership experience in agricultural irrigation and procurement development work carried out around the world in more than 100 countries.

Mr. Find is re-locating from Santiago, Chile to Victoria, BC.

Mr. Find has held positions with major international irrigation and agriculture companies: Rain Bird International, Lindsay Manufacturing, Con-Agra Foods, and McCain Foods Limited. Most recently he was Commercial Director, Latin America for John Deere Water. His entrepreneurial drive and strategic initiatives in the areas of new technology and market development have led these top international companies to significant market growth and expansion. Mr. Find's business development efforts have created opportunities for international companies to gain greater access to Latin American, Asia, Africa, Europe, Australia, and New Zealand markets through strategic alliances and channel development with domestic firms.

"I look forward to this new role with ESI and taking the Company's innovative technology to the international marketplace through the network of contacts and channels I have developed over the past two decades. I see significant opportunity for ESI to leverage its technology on a global scale in a variety of markets including agricultural and commercial irrigation management, as well as applications in mining, oil and environmental monitoring," said Mr. Find.

Mr. Find has an Agronomy degree from Agricultural College, Denmark, did graduate studies at the University of Minnesota, St Paul and at the Richard Ivey School of Business in London, Ontario.

He speaks several languages including: English, Spanish, and Danish, and has a strong working knowledge of Portuguese, German and some French.

Mr. Ian Middleton has stepped down as Acting President & CEO in order to allow Mr. Find to join ESI in this executive capacity. Mr. Middleton will continue in the role of Chairman of the Board of Directors as an independent director.

As part of Mr. Find's compensation package, the Company is pleased to grant 1.8 million stock options and has also issued 250,000 common shares as a signing incentive. The stock options will vest over a two year period, and will expire after the third year. They can be exercised at a price of $0.11 per common share based on the market's closing price on the date of Mr. Find's hire, December 1, 2010.

About ESI

ESI is a leading manufacturer of patented and proprietary solutions for environments where understanding the presence, movement, and/or amount of water are important. Major market sectors include: agriculture, golf and turf, scientific research, civil engineering, mining, environmental monitoring and crude oil production. ESI solutions have been successfully introduced into more than 40 countries to enable customers to optimize their operations by monitoring the presence and movement of water, managing irrigation systems, and monitoring the integrity of landfill covers. Most recently, the FloPoint™ instrument has been introduced to the oil industry to measure the volumetric presence of water pumped during crude oil extraction for characterization and optimization of the process. ESI differentiates itself by translating the best technology and science available into practical, easy to use solutions. Irrigation managers, reservoir engineers, and scientists have adopted ESI's products for their accuracy, ease of use, repeatability, and ability to operate in challenging environments. ESI is publicly traded on the TSX Venture Exchange under the symbol "ESV". Further information about ESI may be obtained through the Company's website at www.esica.com.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts: E.S.I. Environmental Sensors Inc. Investor Relations 250.655.3211 or 1-800.799.6324 investor.relations@esica.com E.S.I. Environmental Sensors Inc. Media Contact Ian Middleton, Director 250.655.3211 or 1-800.799.6324 imiddleton@esica.com www.esica.com

E.S.I. Environmental Sensors (TSXV:ESV)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024 Plus de graphiques de la Bourse E.S.I. Environmental Sensors
E.S.I. Environmental Sensors (TSXV:ESV)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024 Plus de graphiques de la Bourse E.S.I. Environmental Sensors