ACE/Security Laminates Corporation

ACE/Security Laminates Corporation

November 01, 2005 17:07 ET

ACE Security Laminates Corporation Hires New CFO/COO, S. Brian Lukian to Join Executive Team

OTTAWA, ONTARIO--(CCNMatthews - Nov. 1, 2005) - ACE Security Laminates Corporation (TSX VENTURE:ASL) (ACE), a leading provider of security laminates, is pleased to announce the appointment of S. Brian Lukian as ACE's COO/CFO. This key addition is consistent with ACE's plan to continue to take the necessary steps to extend the ongoing growth of the company.

"We are thrilled to be able to bring someone of Brian's caliber on board," said ACE's CEO, Peter Fabian. "His knowledge and expertise will be invaluable in helping our company meet the aggressive goals for growth and operational efficiencies we have set for ourselves."

Lukian will oversee all financial reporting and planning functions as well as oversee the global operations of the ACE business.

Lukian brings to ACE over 20 years of experience in financial operations at a variety of organizations, including most recently Genomics One Corporation. His background extends to venture capital funding, regulatory compliance, mergers and acquisitions, and business process redesign.

"I am delighted to join the team at ACE. There is great potential at ACE and I look forward to becoming a valued member of this great team", said S. Brian Lukian.

The contract between Mr. Francis Gariepy, Interim CFO, and ACE expired on October 31, 2005. Mr. Gariepy advised that his partners in his other business have asked him to return and that he has decided that his energies need to be utilized in running his property development business and other projects.

Mr. Kater, COO is leaving to pursue other business interests and is quoted as saying: "I am confident that ACE has a fine and bright future and I wish the management and staff the very best of success for now and for the future."

ACE/Security Laminates™ Corporation specializes in manufacturing and distributing, through a worldwide network of dealers, safety and security window laminating technology. Since 1999, ACE has established a presence in 40 countries. ACE produces a micro thin polyester laminate that, when applied to glass, protects against baseball bats, crowbars, rocks, fire, Molotov cocktails, bombs, bullets and natural disasters.

The advantages of ACE's products are found in their protective capabilities, transparent finish, and simple application to existing windows. What makes ACE's security laminates the obvious choice when protecting people and property is the extensive third party testing they have undergone against threat levels ranging from break and entry to bullets and bombs; demonstrating the product's high-end performance.

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

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