|
CALGARY,
June 25, 2002
- NTG Clarity
Networks Inc.
(TSX-V: NCI),
a leader in
delivering
network, IT
and infrastructure
solutions,
today announced
the following
organizational
changes.
In addition
to his current
responsibilities
as Executive
Vice President,
Strategic
Planning,
William Catalano
is appointed
Chief Financial
Officer of
the company.
Barry Sadrehashemi
resigned his
position as
Chief Financial
Officer to
pursue other
interests.
Magdy Makhlouf
is appointed
Executive
Vice President
Western Canada
and will focus
on increasing
business and
profitability
in the West.
Essam Zaghloul
has moved
to an advisory
role and is
no longer
an officer
of the company.
"These
changes, along
with a recent
10% reduction
in staff,
positions
the company
to be profitable
in the third
quarter",
said Ashraf
Zaghloul,
Chairman of
the Board
and CEO. |