Calian Technologies Ltd.
TSX : CTY

Calian Technologies Ltd.

December 11, 2007 08:52 ET

Larry O'Brien to Remain on Calian's Board of Directors

KANATA, ONTARIO--(Marketwire - Dec. 11, 2007) - Calian Technologies Ltd. (TSX:CTY) today announced that in a matter unrelated to the Company, one of its directors, Mr. Larry O'Brien, has been charged with two counts under the Criminal Code concerning allegations surrounding his mayoralty candidacy in the summer of 2006.

The first charge alleges that Mr. O'Brien pretended to have influence with the Government of Canada or with a minister of the government when he allegedly made an offer to another candidate, contrary to Sec. 121 (1) (d) of the Criminal Code. The second charge alleges that Mr. O'Brien solicited, recommended or negotiated an appointment for that candidate contrary to Sec. 125 (b) of the Criminal Code. The allegations have not been proven in court and Mr. O'Brien has informed the Company that he intends to vigorously defend against the allegations.

"Mr. O'Brien has been a valuable member of the Company's board since its inception. Subject to TSX regulatory input and Mr. O'Brien having sufficient time to devote to the Company's affairs, the board of directors has concluded that until the issue is resolved through the legal system, Mr. O'Brien will continue to have a positive impact on the Company and therefore his departure from the board is considered unwarranted" stated Kenneth Loeb, Chairman of the Board.

In addition to Mr. O'Brien, the Board is comprised of Senator David Tkachuk, Major Gen. (Ret'd) C. William Hewson, Mr. Richard A. Vickers Chief Operating Officer of Borden Ladner Gervais LLP, Mr. Kenneth J. Loeb Chief Executive Officer of Capital Box Limited, Mr. Paul Cellucci former US Ambassador to Canada and Mr. Ray Basler CEO of the Company.

The Company has also informed TSX regulatory authorities and will continue to abide by their rules governing such matters.

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
    613-599-8650 (FAX)
    ir@calian.com
    or
    Calian Technologies Ltd.
    Jacqueline Gauthier
    Chief Financial Officer
    613-599-8600
    613-599-8650 (FAX)
    General Info email: info@calian.com
    www.calian.com