Redline Communications Announces Board Resignation
(Canada Newswire Via Acquire Media NewsEdge)
TORONTO, Nov. 1, 2013 /CNW/ - Redline Communications (www.rdlcom.com Group Inc. TSX: RDL) ("Redline" or the "Company"), a leading provider of broadband wireless
solutions for machine-to-machine (M2M) communications announced today
that Eric Melka has resigned from the Company's Board of Directors.
Eric Melka, Redline's CEO since January 2010, has been dealing with a
persistent back injury that forced him to take a medical leave of
absence as announced on August 8th, 2013 and subsequently to resign as
CEO as announced on October 11th, 2013. Mr. Melka indicated that he
felt it was in the best interest of the company and shareholders that
he resign as his injury is preventing him from being as effective as he
would like to be. As such, he will not be returning to Redline from
his leave of absence.
"It's impossible to express in a few short words how much Eric has done
for Redline, and we are saddened that his tenure as a Board Member and
CEO was shortened by his ongoing injury," stated Philippe de Gaspé
Beaubien, Redline's board chairman. "On behalf of the entire Board, I
want to express our appreciation of his contributions to Redline and
the Board. We wish him all the best in returning to full health."
The Board has stated their intention to fill the vacancy on the Board of
Directors created by Eric's departure.
About Redline Communications
Redline Communications (www.rdlcom.com) is the innovator of Virtual Fiber™, a specialized wireless broadband
solution used to cost-effectively deploy and extend secure networks,
enable M2M applications, connect digital oilfields and smart grids,
facilitate and enhance public safety networks, and bring Internet
access wherever and whenever it's needed - regardless of terrain or how
remote. For more than a decade Redline has delivered powerful,
versatile and reliable wireless solutions to governments, militaries,
oil and gas companies and telecom service providers through its global
network of certified partners. For more information visit www.rdlcom.com.
Forward Looking Statements
Certain statements in this release may constitute forward-looking
statements or forward-looking information within the meaning of
applicable securities laws. In some cases, forward-looking statements
can be identified by terms such as "could", "expect", "may", "will",
"anticipate", "believe", "intend", "estimate", "plan", "potential",
"project" or other expressions concerning matters that are not
historical facts. Readers are cautioned not to place undue reliance
upon any such forward-looking statements.
Such forward-looking statements are not promises or guarantees of future
performance and involve both known and unknown risks and uncertainties
that may cause the actual results, performance, achievements or
developments of Redline to differ materially from the results,
performance, achievements or developments expressed or implied by such
forward-looking statements. Forward-looking statements, by their
nature, are based on certain assumptions regarding expected growth,
management's current plans, estimates, projections, beliefs, opinions
and business prospects and opportunities (collectively, the
"Assumptions"). While the Company considers these Assumptions to be
reasonable, based on the information currently available, they may
prove to be incorrect.
SOURCE Redline Communications Group Inc.
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