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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Search Minerals Inc. is an integrated mineral exploration and development company, which is focused on the acquisition, exploration, and development of rare earths elements (REE) mineral properties in Labrador. It focuses on developing critical rare earths elements (CREE), Zirconium and Hafnium resources within the Port Hope Simpson-St. Lewis CREE District of South East Labrador. It controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming a REE District in Labrador. It also controls additional CREE assets in the Red Wine District of central Labrador. These include the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect. The Two Tom Property includes mineral licenses 027358M and 016522M in Labrador, Canada. The Red Wine property is located 80 km north-east of Churchill Falls, Labrador.


TSXV:SMY - Post by User

Bullboard Posts
Post by culzeanon Dec 02, 2005 10:14am
265 Views
Post# 9956027

Appointment News

Appointment NewsSAMSys Names Tom Dziersk To Serve As President and CEO Founder Cliff Horwitz Remains Chairman of the Board TORONTO, Dec. 2 /CNW/ - SAMSys Technologies Inc. (SMY: TSX), an international provider of Radio Frequency Identification hardware solutions, today announced the appointment of Tom Dziersk (pronounced Dursk) as the company's new president and chief executive officer. He replaces founder and chairman Cliff Horwitz, who temporarily assumed the role of president in August 2004 to fill a vacancy. Horwitz will remain actively involved in SAMSys as chairman of the board. Over the last five years, Dziersk served as president and CEO of Austin, Texas-based ClearOrbit, a provider of supply chain execution automation software that utilizes both barcode and RFID technology. Under his leadership ClearOrbit experienced a major expansion of its product line, successfully transitioned into a profitable new business model yielding strong revenue growth, and achieved market penetration into hundreds of marquee Oracle manufacturing and CPG companies including many Fortune 1000 firms. Prior to ClearOrbit, Dziersk held senior-level sales and marketing executive positions at several other emerging technology companies. He served as senior vice president of sales and marketing at Montreal-based Essentus International, a former provider of ERP software and B2B portal systems for the apparel and footwear industries; division senior vice president and general manager of JBA International, formerly the world's sixth largest ERP software company; and an executive sales manager at Loadstar Computer Systems, a software firm specializing in the automotive aftermarket. "Tom's appointment is the culmination of a year-long executive search as well as an overall reengineering of the management team that we initiated to address the transition of the RFID market from development to commercial implementation," Horwitz said. "Tom's diverse background, experience in emerging markets, successful track record and creativity will serve us well as we execute on our strategic plan to gain top market share in both supply chain and non-supply chain environments." "SAMSys has a strong competitive advantage in the RFID hardware market because the company has made significant investments in configurable firmware, intellectual property and other areas that are vital to satisfying customer demands for simpler RFID implementations," Dziersk said. "As the market requirements become more demanding and move toward more intelligent lower-cost RFID hardware devices, SAMSys is uniquely positioned to become the market leader. At the same time, their current best-of-breed products and unique multi-regional flexibility lower the total cost of ownership and help mitigate the complexity and risk associated with adopting RFID worldwide. My initial focus will be to harness these strengths to drive company growth." Dziersk's appointment will be effective January 1. About SAMSys Technologies Inc.: SAMSys Technologies Inc. (SAMSys), founded in 1995, is a world-leading provider of radio frequency identification (RFID) reader solutions. SAMSys offers a family of products to simplify the installation and ensure the ongoing performance of the overall RFID hardware infrastructure. SAMSys is a public company whose shares are listed for trading on the TSX Exchange under the symbol: "SMY". The Company has a total of 51.5 million shares outstanding. Visit SAMSys at www.samsys.com and www.investorfile.com. THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING INFORMATION. ACTUAL FUTURE RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED. THE RISKS, UNCERTAINTIES AND OTHER FACTORS, BOTH KNOWN AND UNKNOWN, THAT COULD INFLUENCE ACTUAL RESULTS MAY BE SUBSTANTIAL AND INCLUDE THOSE DESCRIBED IN DOCUMENTS FILED WITH REGULATORY AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL REPORT AND ANNUAL INFORMATION FORM. ACCORDINGLY, NO ASSURANCES CAN BE GIVEN THAT ANY OF THE EVENTS ANTICIPATED BY THE FORWARD-LOOKING STATEMENTS WILL TRANSPIRE OR OCCUR, OR IF ANY OF THEM DO SO, WHAT BENEFITS THE COMPANY WILL DERIVE THEREFROM.
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