CALGARY, ALBERTA — (Marketwired) — 08/02/13 — Seair Inc. (TSX VENTURE: SDS) (“Seair” or the “Company”) is pleased to announce that it has appointed Jim Laird as Chief Financial Officer, (subject to TSXV approval), to replace the outgoing Greg Marr. Greg Marr will remain with Seair to oversee operations. Jim is a seasoned corporate finance and business executive with over 10 years of senior leadership, strategy and investment experience focused on funding and bringing business opportunities to life. Jim is currently a registered dealing representative with an exempt market dealer in Toronto. He was formerly the CFO for Bedlam Games Inc. between 2007 and 2011 and participated in the successful sale of that company. Jim was V.P. Investments at Covington Capital where he managed high-technology investments in their venture fund, along with other roles there and with a predecessor, New Millennium Venture Partners between 2001 and 2007. Jim has significant experience improving company value in restructuring and workout scenarios and began his career as an equity research analyst at HSBC Securities and Gordon Capital. Jim has a Bachelor of Business Administration from Wilfrid Laurier, a Bachelor of Laws from Osgoode Hall Law School and has been a Chartered Financial Analyst since 2001. He is studying for his Certified Management Accountant designation.
Seair director John Goetz says “We are very excited to have Jim join the management team as CFO. Jim is very creative and has the skills and experience that Seair needs to complete the successful turnaround commenced last year by our outgoing CEO and CFO. Having the benefit of Greg Marr remain with the Company to oversee operations will certainly smooth the transition and accelerate Jim–s ability to execute on Seair–s growth plan.”
ABOUT SEAIR
Seair Inc. (TSX VENTURE: SDS) develops proprietary technology and equipment that diffuses gases, such as oxygen, ozone and carbon dioxide, into liquids. Seair–s patented technologies can produce micron size bubbles that are more efficient than other diffusion technologies because the diffused gases remain in solution for extended periods of time, leading to increased productivity and lower operating costs. The process facilitates gas-based treatment of complex and challenging industrial wastewater and allows Seair to provide full water reuse and closed loop systems.
Seair applications include oil sands SAGD water solutions, frac and produced water treatment, industrial ponds treatment, mine dewatering/treatment, end-to-end sewage treatment for permanent residential communities and remote work camps, golf course irrigation and pond treatment. Seair is also working on a project for industrial emissions treatment. Parties interested in obtaining further information or receiving news releases and corporate documents from Seair may email such requests to or visit the Seair website at .
Seair is proud to be recognized as one of the Top 5 Cleantech companies in the TMX 2012 Venture 50.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Contacts:
Seair Inc.
Greg Marr
780-477-7188