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Bullboard - Stock Discussion Forum iShares S&P/TSX Capped Consumer Staples Index ETF T.XST

Alternate Symbol(s):  ISTIF

The investment objective of the Fund is to provide long term capital growth by replicating, to the extent possible, the performance of the S&P TSX Capped Consumer Staples Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly... see more

TSX:XST - Post Discussion

iShares S&P/TSX Capped Consumer Staples Index ETF > XST appoints Directors to Board, experiences
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Post by plt on Jul 25, 2000 9:55am

XST appoints Directors to Board, experiences

CALGARY, July 25 /CNW/ - On behalf of the Board of Directors, John Way President of XS Technologies Inc. (XST), is pleased to announce the appointments of Mr. Stephen Law, P. Eng. and Mr. Don McGillivray, C.A. to its Board. Mr. Law is Founder and President of the GSL Group, a successful real estate development company. Mr. Law brings to the Board his extensive knowledge in business management and is widely respected for his customer- focused approach to company growth. Joining Mr. Law is Mr. McGillivray, President of Sports Seats International Inc. Mr. McGillivray brings strong financial management skills and is entrepreneurial in his approach to building diverse revenue streams for high-growth companies. XST welcomes the addition of both Board members and is excited about the contributions they will bring to the company. Mr. Way is also pleased to announce the following staff promotions and additions: Mr. Geoff Smith has been appointed Manager, Operations. During his tenure with XST, Mr. Smith has become an integral part of the management team and has greatly contributed to the company's acquisitions of funding and personnel support from various government agencies. Dr. Wenbin (Ben) Zheng joins the company in a permanent role after having just completed a four-month project with XST in cooperation with the University of Calgary's renowned Object Oriented Software Technology (OOST) program. Mr. Zheng leads XST's on-demand, over-the-net tracking projects, to be announced in fall of this year. Mr. Hongbin Li comes on-board as firmware programmer and will assist the technical development team in achieving their expansion objectives. Mr. Li holds as professional credits, a Masters of Engineering from the Harbin Institute of Technology (China) and a Bachelor of Science from Jilin University (China). Since February, XST has grown from a staff of seven to 15, with clear expectations to have 23 staff on board by the end of the year in order to meet the industry's demand for asset location and recovery systems. XST is the proprietary designer of the MobileTrac(TM) Asset and Tracking product suite which uses GPS along with cellular, radio or satellite equipment to protect and manage people, products and assets. MobileTrac systems offer up- to-the-minute location and status reports in the form of detailed daily logs or occasional reports. XST has distribution contracts in Uruguay, Australia, Cote d'Ivoire, Honduras, Bahamas and Taiwan worth over $8.2 million USD.
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