Calian Technologies Ltd.
TSX : CTY

Calian Technologies Ltd.

November 28, 2006 15:59 ET

Calian Appoints a New Chairman of the Board

KANATA, ONTARIO--(CCNMatthews - Nov. 28, 2006) - Calian Technologies Ltd.(TSX.CTY) is pleased to announce the appointment of Mr. Kenneth Loeb as Chairman of the Board effective November 24, 2006.

Larry O'Brien, the founder of the Company and Chairman of the Board will be appointed Mayor of the City of Ottawa on December 1, 2006. As a result, Mr. O'Brien and the Board have determined that it would be in the best interest of the company for Mr. O'Brien to take a leave of absence while he holds public office and accordingly he has relinquished his role as the Company's Chairman of the Board effective immediately. However, Mr. O'Brien will stay involved as a member of the Board of Directors.

To replace Mr. O'Brien, the Board elected Mr. Kenneth Loeb as its new Chairman. Mr. Loeb is a graduate of Osgoode Hall Law School and maintained a private law practice for ten years. He is currently President of Capital Box Limited which provides packaging products and solutions to customers located primarily in central Canada. Mr. Loeb is also a director of private companies with significant assets and gross revenues in the areas of real estate development and property management. Mr. Loeb has been on Calian's Board of Directors since 2001 and was also the Company's Lead Director. Accordingly, he is well versed in the affairs of the company and has a solid long term relationship with management.

"I am pleased that Larry will remain on the Calian Board. At the same time, I look forward to working with Ken in his expanded capacity" said Ray Basler, President and Chief Executive Officer.

About Calian:

Calian sells technology services to industry and government in Canada and around the world. Calian provides customers with ready access to an exceptional team of engineers, telecommunications and technology professionals, health care professionals and other highly qualified staff. The Business and Technology Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering, health care professionals and other skilled professionals. The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite manufacturers and operators, as well as providing contract manufacturing services for customers in North America.

Contact Information

  • Calian Technologies Ltd.
    Ray Basler
    President and Chief Executive Officer
    306-931-3425
    or
    Calian Technologies Ltd.
    Jacqueline Gauthier
    Chief Financial Officer
    613-599-8600
    ir@calian.com
    www.calian.com