Kolombo Technologies Ltd.

Kolombo Technologies Ltd.

February 29, 2008 15:55 ET

Kolombo Technologies Ltd.: Resignation of a Board Member

QUEBEC CITY, QUEBEC--(Marketwire - Feb. 22, 2008) - Kolombo Technologies Ltd. (TSX VENTURE:KOL) ("Kolombo") announces Mr. Bernard Bougie resigned his positions of director and chairman of the audit committee of Kolombo for personal reasons. The Board of Directors and Management wish to thank Mr. Bougie for his collaboration throughout the last years.

Mr. Bougie has been replaced as chairman of the audit committee by Mr. Jean-Charles Dupuis.

About Kolombo Technologies Ltd

Kolombo was founded in Quebec City in 2000 and focuses its activities on the research, technological development and commercialization of vehicle management, protection and anti-theft systems, in particular for heavy machinery, trailers and commercial merchandise. Distribution of Kolombo's products is ensured by Detroit Diesel Allison Canada East, a major distributor of engines and transmissions for trucks and heavy machinery and a member of the Wheeltime network, which has 225 branches in North America (www.ddace.com).

Local or international land transport, industrial complexes and widespread work sites all present security challenges for their managers. Kolombo's technological platform offers these various clienteles both reliability and flexibility with made-to-measure solutions for specific applications.

A distinctive solution

With the launch of its new exclusive IPS security management system, Kolombo considerably distinguishes itself from competitive security and management systems for merchandise transportation. Kolombo's technology allows to ensure complete Integrity of cargo from point of landing to point of unloading; it improves operational Performance of trucking fleet managers and includes a refined Security system.

The TSX Venture Exchange does not approve nor accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Kolombo Technologies Ltd.
    Mr. Fouad Choucair
    Chairman and Chief Financial Officer
    Media: Atomica Consultants Inc.
    Pascale Poitras
    514-878-2552 ext. 222