SOURCE: Epcylon Technologies, Inc.

October 11, 2013 22:00 ET

Epcylon Technologies Announces CEO Resignation & Appointment of President

TORONTO, ON--(Marketwired - Oct 11, 2013) - Epcylon Technologies, Inc. (OTCQB: PRFC) wishes to announce that Abbas Damji has resigned as a CEO & Director of Epcylon Technologies, Inc. for personal reasons. Mr. Damji has been with Epcylon since June 2013.

Todd Halpern, Chairman of the Board of Epcylon, said: "On behalf of the Epcylon team and its shareholders, I would like to thank Mr. Damji for his contribution to the company and wish him well in his future endeavours".

The company also wishes to announce that Mr. Cato Kemmler (current Epcylon Board Member) will assume the role of President of Epcylon Technologies, Inc. Mr. Kemmler is the President of Omega SmartBuild Americas, a wholly owned subsidiary of Epcylon Technologies, Inc., and also coordinates the international technology implementation of the OmegaGroup Holding.

Mr. Halpern also commented saying: "The Epcylon team is delighted that Mr. Kemmler has assumed the role of President of Epcylon. This continues to build on our company's vision and current strategy of Epcylon being a premier technology provider with cutting edge, state-of-the-art technology and licensing arrangements. As Mr. Kemmler already coordinates the international technology implementation for OmegaGroup Holding, he is well suited to lead the build-out for Epcylon."

Epcylon is currently interviewing candidates for the CEO position and expects an announcement in the near future. 

We seek safe harbour. 

ABOUT EPCYLON TECHNOLOGIES
Epcylon Technologies, Inc. (OTCQB: PRFC) is a global technology company focused on improving the ways people interact with the world around us.

Epcylon embodies the spirit of our journey towards the achievement of perfection. Our vision is to enable better interaction with the world around us. Through applied sciences and disruptive technologies we bring cutting edge technologies infinitely closer to everyday reality.

Epcylon currently operates within the trading, gaming and energy efficient smart technologies sectors.

For more information please visit www.epcylon.com.

DISCLAIMER IN REGARDS TO FORWARD-LOOKING STATEMENTS
Certain statements included herein, including those that express management's expectations or estimates of our future performance constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward looking statements. Except as required by law, Epcylon does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.

Contact Information

  • CONTACT
    Media Relations
    Epcylon Technologies, Inc.
    25 Adelaide Street East, Suite 502
    Toronto Ontario M5C 3A1 Canada
    +1-416-479-0880