RoaDor Industries Ltd.

RoaDor Industries Ltd.

January 22, 2008 16:05 ET

RoaDor Industries Ltd. Announces the Appointment of Mr. John Bell to its Board of Directors

VAUGHAN, ONTARIO--(Marketwire - Jan. 22, 2008) - RoaDor Industries Ltd. ("RoaDor"), (TSX VENTURE:RDR) is announces that Mr. John Bell has been appointed as a Director of the company.

Mr. Bell has a successful 30 year entrepreneurial career specializing in start-up, growth, and turnaround with extensive experience in technology, innovation, and automation.

He purchased the assets of Polymer Technologies in 1996, saving it from close-down. Over the next 10 years, he grew the small single plant operation to be a global leader in automotive parts and technology with 8 plants in five countries. He founded Shred-Tech Limited in 1977. Over 17 years he grew it to become a multi-national leader in recycling, and developed the mobile document shredder which has become a global best seller.

He currently sits on the board of three public companies: Newport Partners Income Fund (TSX) (Audit Committee Chair), investing in successful private companies, ATS Automation Tooling Systems Inc (TSX) and BSM Wireless Inc. (TSX-V), a technology company. He is a significant shareholder in all companies.

He has a strong relationship with the University of Waterloo and is presently chair of two technology "spin-off" companies, one developing automotive stability sensing systems and the other control systems for unmanned military aircraft. Mr. Bell has a strong record of community service and is currently Chairman of Cambridge Memorial Hospital.

Mr. Bell is a Fellow of the Institute of Chartered Accountants of Ontario, a graduate of the University of Western Ontario School of Business Administration (Ivey), and has successfully completed studies at Harvard (OPM), and Oxford (International Marketing).

RoaDor has developed, patented and commercialized polyvinyl chloride (PVC) roll-up doors designed specifically for the commercial truck, van and trailer industry. Marketed and sold under the RoaDor name, they represent a major challenge to the traditional wood or aluminum doors. RoaDor roll-up doors are approximately half the weight and eliminate the major industry problems resulting from paint peeling and delamination as well as roller and hinge rusting. The commercial truck, van and trailer market represents a large opportunity. In the United States alone there are 6.5 million vehicles with roll-up doors currently on the road and in excess of 200,000 new vehicles produced into this market each year.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • RoaDor Industries Ltd.
    Debra Farquharson
    Chief Financial Officer
    (905) 895-3146 or Toll Free: 1-877-263-9153
    (905) 532-0891 (FAX)