Newlook Industries Corp.
TSX VENTURE : NLI

Newlook Industries Corp.

August 31, 2009 09:39 ET

Newlook Appoints New Director

TORONTO, ONTARIO--(Marketwire - Aug. 31, 2009) - Newlook Industries Corp. (TSX VENTURE:NLI), ("Newlook" or the "Company") is pleased to announce that it has appointed Albert Pope to its Board of Directors. The appointment will increase the Board's independence and enhance the depth of management in the energy sector. The appointment is subject to regulatory approval.

Albert Pope has over thirty years of experience in international corporate finance and business management. He is a principal of XTnrgy, a company that develops distributed energy systems. He began his business career on Wall Street where he held senior positions at the Deltec Securities unit of Deltec Banking, and at J.P. Morgan, where he was the officer responsible for Latin America within the Corporate Finance Division. Mr. Pope also served as President of Montenay Energy, the U.S. subsidiary of Montenay, S.A., a leading French company in energy and waste management. Over the last several years he has been a consultant, advisor or director of several corporations, not-for-profit institutions, and government agencies both in the USA and abroad, including the New York State Energy Research and Development Agency (NYSERDA), while remaining active as an investor and director of operating businesses in energy, environmental sciences, and transportation. He is a graduate of Harvard University.

John G. Simmonds, Newlook's Chief Executive Officer commented, "We are pleased to have an individual of the calibre of Albert join our Board. He brings a wealth of knowledge and experience from the energy and other industries that will be a tremendous asset to the Company, as well as strengthen our corporate governance."

Newlook Industries Corp., headquartered in Toronto, Ontario is a publicly traded company listed on the TSX Venture Exchange.

For more information please call (416) 477-5656 or refer to www.sedar.com.

The management of the company, who take full responsibility for its content, prepared this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements relating to future events and results that are based on Newlook's current expectations. These statements involve risks and uncertainties including, without limitation, Newlook's ability to successfully develop and market its products, consumer acceptance of such products, competitive pressures relating to price reductions, new product introductions by third parties, technological innovations, and overall market conditions. Consequently, actual events and results in future periods may differ materially from those currently expected.

Contact Information

  • Newlook Industries Corp.
    John G. Simmonds
    Chief Executive Officer
    (416) 477-5656 x301