Battery & Wireless Solutions Inc. Hires New VP Sales & Marketing30 January 2005
Battery & Wireless Solutions Inc. ("Battery & Wireless") (TSX VENTURE:BWS - News), Canada's largest independent distributor of battery and battery-related products, today announced that Mr. David Reid has recently been hired as Vice President - Sales and Marketing for Battery World Canada Corp., a Battery & Wireless Solutions subsidiary.
Mr. Reid's accomplishments are numerous and impressive, and his most recent project was the formation, growth and successful sale of a company supplying the communications industry in Canada. Under Mr. Reid's guidance, the company grew from a start-up to $65 million in sales within six years before being sold to an industry leader.
"We are very excited to have David on board and look forward to an energized growth cycle which is intended to facilitate a rapid expansion of Battery World stores throughout Canada under his leadership, leveraging the established infrastructure of the Magnacharge Battery Corporation/Battery World network" said Battery & Wireless CEO Les Granholm.
About Battery & Wireless Solutions Inc.
Battery & Wireless Solutions Inc. (TSXV: BWS) is Canada's largest independent distributor of battery and battery-related products. Through its core business units, Battery & Wireless Solutions brings together the infrastructure needed to offer an efficient, nationwide distribution network that touches every type of customer from large-scale distributors to end-user consumers. It is the only company in Canada offering a comprehensive range of products that fulfills every battery need including industrial, automotive, deep-cycle, motorcycle, consumer portable devices and more, featuring Duracell, Delphi, Trojan, Rayovac and Panasonic, as well as its own branded line of batteries such as Magnacharge. For more information visit www.bwsinc.com
On behalf of the Board of Directors,
BATTERY & WIRELESS SOLUTIONS INC.
Les Granholm, CEO
Forward Looking Information
Certain statements in this release, other than statements of historical fact, are forward-looking information that involves various risks and uncertainties. These can include, without limitation, statements based on current expectations involving a number of risks and uncertainties related to all aspects of the industry. These risks and uncertainties include, but are not restricted to, continued increased demand for the Corporation's products and the Company's ability to attract and maintain key employees. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of Management on the dates they are made and expressly qualified in their entirety by this notice. The Corporation assumes no obligation to update forward-looking statements should circumstances or Management's estimates or opinions change.
-------------------------------------------------------------------------------- Contact:
Battery & Wireless Solutions Inc. Les Granholm CEO Phone: (604) 525-0489 Email: Les_g@bwsinc.com Website: www.bwsinc.com or Linear Capital Corp. Tony Croll Phone: (514) 399-9952 Email: tcroll@linearcapital.com Website: www.linearcapital.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
-------------------------------------------------------------------------------- Source: BATTERY & WIRELESS SOLUTIONS INC.
Source: CCNMatthews via Yahoo
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