VICE PRESIDENT OF OPERATIONS AND CHIEF FINANCIAL OFFICER APPOINTED
RANCHO MIRAGE, CA, March 22, 2012 /PRNewswire/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) is pleased to announce that Mr. Murray Bamforth, Interim Chief Financial Officer has been appointed as Chief Financial Officer of the Company and Mr. Gary Birkland, Director of Operations of the Company has been appointed as Vice President of Operations of the Company, both appointments being effective immediately.
Mr. Bamforth was originally appointed as Interim Chief Financial Officer of Craig Wireless on February 7, 2011. He has over 30 years of experience as a senior financial executive, CFO and external auditor and holds a Chartered Accountant designation.
Mr. Birkland was hired as Director of Operations of Craig Wireless on February 21, 2011. He has extensive experience in the telecommunications industry including employment for over 35 years with Motorola, Inc. in varying positions culminating with Director of Operations. Mr. Birkland also holds a business degree from National-Louis University.
"Both Mr. Birkland and Mr. Bamforth have demonstrated themselves to be integral members of the Craig Wireless management team over the past year, being key to both of our operations and finance divisions, respectively" said T. Boyd Craig, Chief Executive Officer of the Company. He added "we are pleased to recognize their dedication and ability by these new appointments."
About Craig Wireless Systems Ltd.
Craig Wireless and its affiliates (collectively, the "CWS Group") offer a broad range of telecommunications services, including, broadband internet access, business connectivity solutions, hosting, security and telecommunications solutions. Through certain members of the CWS Group, Craig Wireless holds or leases licenses for spectrum in the 2.5 GHz, 2.6 GHz or 3.5 GHz bands in Riverside County in Southern California, United States and in Greece. The CWS Group also has spectrum interests in Norway and New Zealand. Spectrum in these ranges is effective for delivery of point-to-multipoint signals, possesses robust bandwidth capability and supports emerging 4G-based services and applications, including portable and mobile applications.
The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.
Notice on forward-looking statements
This release includes forward-looking statements regarding Craig Wireless and its business. Such statements are based on management's current expectations. The forward looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Craig Wireless and its business. Not to limit the generality of the foregoing, the forward-looking information set forth in this news release is subject to various risks and other factors including the following: the risks of conducting business in a foreign country, and currency fluctuations. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Craig Wireless does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
SOURCE Craig Wireless Systems Ltd.
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