thanks...I wonder how they will be releasing this information on the 16th? What does it mean to "bring the company to the next level?"...what does that mean?
Effective Control Transport Announces a Newly Appointed CEO
LONGUEUIL, QC--(Marketwire - October 9, 2009) - Yves Cournoyer, Executive Vice President of Effective Control Transport, Inc. (PINKSHEETS: EFFC) (www.econtroltransport.com), a software company which specializes in a technology that monitors an operator's vigilance and awareness (Driver's Mates™ which is powered by the CRAM™ software), is pleased to announce the appointing of Mr. Michel Nader as the new Chief Executive Officer of the Company as of today.
As the new CEO, Mr. Nader will oversee the general operations of the company, will be involved in the financial activities of ECT and will establish a strategic development plan for the future. "Part of my job in ECT will be to increase shareholders values and help to bring this company to the next level," said Michel Nader.
Mr. Nader will be announcing on 16 of October 2009, a 90 day plan of the company's upcoming activities. This plan will include details about new financials and distribution partners local and overseas. It will also include details about the mass market product to be release in 2010.
Prior to his role with ECT, Mr. Nader was the founder of "GCL Computers," creator of the GCL computer systems, General Manager of the International development department for "Shanghai Jenjune Limited" based in China, leader and manufacturer of different products for the South American market, Mr. Michel Nader was in charge of developing a new market in the Middle East and North America, Mr. Nader is the founder and President of "Nader Construction" one of the important promoters in Quebec in residential projects, with over 20 million dollars in houses and condos projects, Mr. Nader also is the Vice president of Nader Investment group, based in Lebanon.
Mr. Nader holds a Bachelor degree in Business and computer science.
Mr. Raphael Huppe resigns as of today, of his position of CEO and will remain as Chairman of the Board and Chief Technical Officer of the company.
AI
