Enablence Technologies Inc.
TSX VENTURE : ENA

Enablence Technologies Inc.

April 19, 2011 08:01 ET

Enablence Technologies Announces the Resignation of Directors

TORONTO, ONTARIO--(Marketwire - April 19, 2011) - Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a global innovator in fiber-to-the-home (FTTH) multi-service access platforms for triple-play residential and business services and optical components and subsystems for access, metro and long-haul markets, today announced the resignation of Mr. Stephan Guerin and Mr. Nishith Goel from its Board of Directors effective immediately. Until such time as suitable replacements have been selected, the Board will continue with five directors.

Mr. Guerin tendered his resignation to focus on his primary business interests in Asia and Mr. Goel tendered his resignation to focus on his primary business interests in North America.

Enablence's management team and Board of Directors would like to thank Mr. Guerin and Mr. Goel for their service and guidance and wish them well in their future endeavours.

About Enablence Technologies Inc.

Enablence Technologies Inc. ("the Company" or "Enablence") is a publicly traded company that designs, manufactures and sells fiber-to-the-home (FTTH) equipment and multi-service access platforms for triple-play residential and business services and optical components and subsystems for access, metro and long-haul markets to a global customer base. Enablence delivers a key portion of the infrastructure for next-generation telecommunication systems. The Company's product lines address all three segments of optical networks: Access, connecting homes and businesses to the network; Metro, communication rings within large cities; and Long-haul, linking cities and continents. The Company's Access solutions enable voice, data, video, and Internet communications across both copper and fiber-based network infrastructures. For more information, visit ww.enablence.com or follow Enablence on Twitter at http://www.Twitter.com/Enablence.

Forward-looking Statements

This press release may contain forward-looking statements that are made as of the date hereof and are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise.

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.

Contact Information

  • Enablence Technologies Inc.
    Tim Thorsteinson
    Chief Executive Officer
    647-729-1605