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Helical Announces Changes in Officers and Directors
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Location: Blogs News |
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| Posted by: ITNovaScotia Admin |
Thursday, September 21, 2006 |
HALIFAX, NS, Sept. 20 /CNW/ - The Helical Corporation Inc. ("Helical"), a corporation whose trades of common shares are quoted on the TSX Venture Exchange, (TSX Venture-HSI) is pleased to announce the appointment of Mr. William (Bill) Fleming as President and Chief Executive Officer of Helical. An accomplished entrepreneur and business executive with over fifteen years experience in the telecommunications and internet sector, Bill Fleming's primary focus has been developing and implementing emerging IP business strategies, building telecom partnerships, acquisitions and advising on strategic management issues for international telecommunications companies. Mr. Fleming brings broad experience in telecommunication sales, business development, technology and management. Helical can look to Bill Fleming to build on Helical's business lines and to continue to develop relationships with leading partners such as Siemens and other USA Independent Telecommunication Operators. Mr. Fleming is a frequent speaker at industry conferences and is often called on by media to comment on trends and events in the telecommunications and other related industries. Lowell Weir, CA will provide consulting services to Helical and act as Chief Financial Officer. Further Helical wishes to report the appointment of Mr. Kiley Sampson to the Board of Directors of Helical. Kiley Sampson has over twenty years experience in the Marine, Oil and Gas and renewable energy industry and having worked on multi-million dollar projects in the Gulf of Mexico and North Sea. Mr. Sampson has served as a partner with Quay Marine Associates and has worked on many USA energy consultancy projects for international companies such as BP, and Helix. Finally, Helical wishes to advise that Mr. Rick MacPherson has resigned from the Board of Helical.
About Helical -------------
Helical commercializes emerging technologies.
Subsidiary Helical Systems Inc. (www.helical.ns.ca) is the developer of a revolutionary software platform for Very Large Data Base (VLDB) management. The advanced capabilities of the software allow for the acquisition, visualization, fusion, management and archiving of near limitless quantities of data in real time at the desktop level. Helical is focused on licensing the Helical Software Platform to first tier OEMs such as IBM, Dell, HP and ESRI. EIT of Sanford, Florida, provides engineering and installation (voice and data) services to major telecommunications manufacturers such as Siemens. In addition EIT provides engineering, furnishing and installation services to telecommunications service providers including Verizon, Sprint, Bellsouth and under a marketing agreement with Siemens Communications sells and distributes Siemens DCO line of switching equipment to many of the Independent Operating Telephone Companies (IOC) in the United States. Further Helical is the owner of the patented Continuous Ablative Regeneration (C.A.R.) Waste to Energy Technology which uses pyrolysis reactions to reduce organic materials (such as wood waste, biomass and municipal solid waste) into their original chemistry on an environmentally friendly basis. Helical believes that the CAR Technology can play an important role in the current quest to develop alternate sources of reasonable priced energy.
Helical at present, has 62,413,168 common shares issued and outstanding. %SEDAR: 00008312E
For further information: Mr. William Fleming, The Helical Corporation
Inc., Telephone: (902) 492-2211, Facsimile: (902) 492-2242
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