Genesis Worldwide Inc. appoints William J. Assini

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[{"type":"text","content":"\n \nGenesis Worldwide Inc. appoints William J. Assini to its Board of Directors\nand grants stock options\n\n MISSISSAUGA, ON, Aug. 9 /CNW/ - Genesis Worldwide Inc. (\"Genesis\" or the\n\"Company\"), (TSX/AIM: GWI), a leading provider of \"green\" structural building\ntechnology using light steel, is pleased to announce that, effective August 1,\n2007, William J. Assini has been appointed to the Board of Directors of\nGenesis, to hold office until the next annual meeting of shareholders of the\nCompany or until his successor is elected or appointed.\n From 1990 to June 2007, Mr. Assini was a Senior Vice-President of\nPricewaterhouseCoopers Inc., and a partner of PricewaterhouseCoopers LLP\nlocated in London, Ontario, where he had regional advisory responsibility for\nSouthwestern Ontario.\n Mr. Assini currently serves as a director of the following subsidiaries\nof IGM Financial Inc., a member of the Power Financial Corporation group of\ncompanies - I.G. Investment Management, Ltd., Investors Group Corporate Class\nInc., Investors Group Trust Co. Ltd., and M.R.S. Trust Company. Mr. Assini is\na graduate of McGill University and a chartered accountant and member of the\nInstitute of Chartered Accountants of Ontario. He is also a member of the\nCanadian Association of Insolvency and Restructuring Professionals and a\nCertified Forensic Investigator.\n \"Mr. Assini brings to the Board of Genesis a wealth of knowledge both\nfrom the Canadian and international perspective and we look forward to his\ncontribution to the Company,\" said John Gardner, Executive Chairman of Genesis\nWorldwide.\n\n About Genesis Worldwide Inc.\n\n Genesis develops and licenses structural building technology aimed at the\nresidential, commercial and institutional building markets. Genesis offers\nlicensees a turn-key solution enabling them to custom design, manufacture and\ninstall complete light steel building structures. The Genesis Solution\nencompasses engineered processes and materials that are environmentally\nsustainable or \"green\". Genesis is headquartered in Mississauga, Ontario,\nCanada and currently has seven licensees worldwide. For additional information\nabout the Company, visit www.genesisworldwide.com.\n\n Additional AIM Disclosure\n\n The following additional information respecting William Assini is\nprovided in accordance with Rule 17 ...

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