Fireswirl Technologies Inc.

Fireswirl Technologies Inc.

January 02, 2008 16:17 ET

Fireswirl Appoints New Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 2, 2008) - Fireswirl Technologies Inc. (TSX VENTURE:FSW) is pleased to announce changes to its board of directors. Robert Pollock has resigned from the board and the company is grateful to Mr. Pollock for his contributions and guidance. The board has appointed two new directors, Ji Yoon and James C. Borkowski, to fill vacancies on the board. With these changes the company now has five directors of which three are independent of management.

Ji Yoon - Mr. Yoon brings 14 years of finance, accounting and public markets experience, having worked in the high technology, engineering, and distribution industries. He is presently Chief Financial Officer and Corporate Secretary of JER Envirotech International Corp. (TSX VENTURE:JER)(FRANKFURT:KFTB) and previously was Acting Chief Financial Officer and Controller for Taiga Building Products Ltd. (TSX:TBL). Mr. Yoon is a Certified Management Accountant and holds a Bachelor of Commerce degree from the University of Alberta and a Business Diploma (Honours) from Lambton College of Applied Arts and Technology in Sarnia, Ontario and an MBA from Queen's University, Ontario. He is a member of the American Institute of Certified Public Accountants and serves on the adjudicating board of the Certified Management Accountants Strategic Leadership Program.

James C. Borkowski - Mr. Borkowski has more than 15 years of experience in strategic planning and brand development. Since founding StonePoint Global Brands Inc. (TSX VENTURE:SPG) in 1992, as CEO and Chairman, Mr. Borkowski has been responsible for the implementation and control of operations, corporate development and new business opportunities, including new product and brand development. Mr. Borkowski has also acted as a director for several private and public companies in the resource and technology sectors.

About Fireswirl Technologies Inc.

Fireswirl Technologies Inc. is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. The company's technology has broad applications for those requiring multiple payment interfaces, multi-currency and multi-language capabilities. It can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users through internet or wireless applications.

Forward Looking Statements

This news release contains certain forward-looking statements that reflect the current views and/or expectations of Fireswirl with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to risks associated with foreign countries, changes in laws and regulations, proprietary protection, dependence on market growth, foreign exchange fluctuations, regulatory requirements and dependence on the internet and system infrastructure. These risks, as well as others, could cause actual results and events to vary significantly. Fireswirl does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Fireswirl Technologies Inc.
    Dale Peterson
    President & CEO
    (604) 685-9555 Ext. 230
    (604) 605-0633 (FAX)
    Ascenta Capital Partners Inc.
    Keir Reynolds
    Investor Relations
    (604) 684-4743 Ext.231 or Toll Free: 1-866-684-4743 Ext.231