RoaDor Industries Ltd.

RoaDor Industries Ltd.

January 30, 2008 16:51 ET

RoaDor Industries Ltd. Announces the Appointment of Debra Farquharson as CEO

VAUGHAN, ONTARIO--(Marketwire - Jan. 30, 2008) - RoaDor Industries Ltd. ("RoaDor") (TSX VENTURE:RDR), is announces that the board has appointed Debra Farquharson as CEO and accepted the resignation of Dan Pickford as CEO effective January 29, 2008. Dan Pickford will remain as President of the Company. Debra Farquharson, BBM, CA will also continue as Interim CFO until a replacement is hired by the Company.

Ms. Farquharson is a chartered accountant with over 25 years experience including entrepreneur, senior manager, and business consultant. Her experience includes both public and private enterprises and covers a wide range of industries including manufacturing, technology, petrochemical, and oil and gas. She successfully ran her own CA practice for 10 years. Ms. Farquharson has been CFO of the Company since January, 2003, and a director since September, 2005. She is also a significant shareholder of the Company.

"This redistribution of responsibilities more effectively utilizes and focuses the skills of our management team. We are fortunate to have the dedication and commitment of 2 very accomplished individuals leading a strong sales and growth initiative at such an opportune time for RoaDor. I am confident that, with this new team in place, we can expect more exciting news about RoaDor in the future." David Williams, Chairman of the Board.

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 Executive Officer
    (905) 895-3146 or Toll Free: 1-877-263-9153
    (905) 532-0891 (FAX)