CD ROM Network Corp.

February 03, 2010 16:39 ET

CD ROM Network Corp. Announces the Appointment of New Directors and Management Team

TORONTO, ONTARIO--(Marketwire - Feb. 3, 2010) - CD ROM Network Corp. ("CD ROM" or the "Company") is pleased to announce the appointment of Wayne Isaacs the Chairman to the Board of Directors and L. Kirk Boyd and Stewart Wright the Board of Directors. Mr. Isaacs was also appointed Chief Executive Officer of the Company, and Mr. Boyd was appointed Secretary Treasurer acting as Chief Financial Officer of the Company.

Mr. Wayne Isaacs is an experienced CEO with a record of success in operating public companies. He is currently the CEO of Delta Uranium Inc. (TSX:DUR) and formerly the president and director of Forsys Metals Corp., a TSX listed advanced stage uranium development company operating in Namibia, Africa. Mr. Isaacs was also the President of Acadia Capital Corporation, a private corporation controlled by Mr. Isaacs engaged in mergers and acquisitions and corporate financing for junior public corporations. Mr. Isaacs, who is a graduate of the University of Western Ontario, has served as a director and officer of over 30 public issuers of which over half were mining companies. Along with his experience in operating junior mining companies, uranium exploration and regulatory issues, Mr. Isaacs has also been involved in raising significant amounts of financing for junior mining companies.

Mr. L. Kirk Boyd has over 35 years experience in the field of finance and administration holding a number of senior financial positions in both Fortune 500 corporations and entrepreneurial organizations in the consumer products, technology and natural resource sectors. Mr. Boyd, who graduated from Memorial University of Newfoundland, spent 7 years in merchant banking specializing in equity financing for small and micro-cap Canadian companies with global perspectives. Mr. Boyd is currently the COO and CFO of Delta Uranium Inc. In 1990 Mr. Boyd founded Kirk Boyd & Associates, a consulting company providing executive services and specializing in strategic planning, corporate restructuring and financial management. Since 2002 he has concentrated on corporate governance and regulatory reporting and disclosure for mid-size companies which are publicly-traded on North American stock exchanges.

Mr. Stewart Wright is graduated from McMaster University, has been a Chartered Account since 1985. Mr. Wright is a sole practitioner. Mr. Wright is currently a director of Delta Uranium Inc., and he has served as director, officer or auditor of a number of public issuers over the past 30 years.

Resignation

CD ROM would also like to announce that Mr. Gordon Wilton, Mr. Gerald Iscove and Ms. Joan Reid have tendered their resignation as directors and management. We thank them for their service to the Company and best wishes for the future.

Contact Information

  • CD ROM Network Corp.
    Wayne Isaacs
    Chief Executive Officer
    (416) 363 3582