LAS VEGAS, NV--(Marketwired - Feb 6, 2014) - MetaPower International, Inc. (OTC PINK: MTPR) (the "Company") is pleased to announce that Margaret A. "Peggy" Allen has been elected to the Board of Directors. Mrs. Allen is the widow of the Company's founder, Kenneth R. Allen, who passed away in January, 2013. Mrs. Allen has worked for the Company for several years and has played an important role in the Company's operations in Canada. The Company is grateful Mrs. Allen is willing to serve on the Board of Directors.
The Board of Directors also made certain changes in its officers and the officers of its wholly owned operating subsidiary, MetaPower, Inc. The Board elected Stephen C. Ivy to be the Company's Chief Financial Officer. Mr. Ivy previously served as Vice President of Finance since the Company's founding in 1996. The Board also elected Mrs. Allen to serve on the MetaPower, Inc. Board of Directors and elected Mr. John E. Prouty, who is the Chief Operating Officer of the Company, to also be the Chief Operating Officer of MetaPower, Inc. At the same time Stephen C. Ivy was installed as the Chief Financial Officer of MetaPower, Inc.
About MetaPower International, Inc.:
MetaPower International, Inc. uses information technology and change management services to help companies achieve sustainable results. Through culturally aligned training, tools and techniques, our experts align business processes with management's strategic priorities. Client solutions include workforce culture assessment, as well as best-practice modules compiled for such industry applications as Process Safety Management. MetaPower was founded in 1996.
This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.