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CE Franklin Ltd. Appoints New Chief Financial Officer
CALGARY, July 12 /PRNewswire-FirstCall/ - CE Franklin Ltd. (TSX.CFT,
AMEX.CFK) is pleased to announce the appointment of Mark Schweitzer to the
position of Vice President and Chief Financial Officer effective August 13,
2007.
Mark has held positions including Executive Vice President and Chief
Financial Officer, Executive Vice President Corporate Development and CFO,
and President and Chief Operating Officer in energy related businesses.
Mark is a Chartered Accountant and holds a Bachelor of Commerce Degree.
He brings over two decades of financial management and executive leadership
experience to the position.
"Mark's leadership and business experience will be valuable in helping
CE Franklin continue to achieve our strategic goals and growth in the
coming years," said Michael West, Chairman, President and CEO. "We are
excited to have Mark join the CE Franklin team."
About CE Franklin
For more than half a century, CE Franklin has been a leading supplier
of products and services to the energy industry. CE Franklin distributes
pipe, valves, flanges, fittings, production equipment, tubular products and
other general oilfield supplies to oil and gas producers in Canada. These
products are distributed through its 42 branches, which are situated in
towns and cities serving particular oil and gas fields of the western
Canadian sedimentary basin. In addition, the Company distributes pipe,
valves, flanges and fittings to the oilsands, refining, heavy oil and
petrochemical industries and non-oilfield related industries such as the
forestry and mining industries.
We serve our customers through an extensive network of branches,
managed customer warehouses and offsite inventory stocking locations. All
are connected by state-of-the-art technology that offers our customers an
efficient supply chain management system.
Shares of CE Franklin trade on the Toronto Stock Exchange under the
symbol "CFT" and on the American Stock Exchange under the symbol "CFK."
Smith International, Inc., the parent company of CE Franklin's North
American partner Wilson Supply, owns approximately 52% of the Company's
outstanding shares.
SOURCE CE Franklin Ltd.













