Financial Turnaround Creates Opportunity
CALGARY, April 3 /CNW/ - Inventronics Limited (IVT:TSX), a designer and
manufacturer of custom enclosures for the communications, electronics and
other industries in North America, today announced that KPMG Corporate Finance
Inc., Calgary, Alberta, has today been engaged to explore the possibility of
entering into a strategic transaction to enhance shareholder value.
MG will assist the board in identifying options and in seeking parties
interested in entering into a transaction with Inventronics that would provide
the company with long-term strategic support.
"The future of the Company is now much brighter than it has been for four
years, so this is an appropriate time to explore strategic alternatives and
possibly align the business with a party suited to the current circumstances."
said Dan Stearne, President and CEO."
About Inventronics
Inventronics Limited designs and manufactures custom enclosures and other
products for an array of customers in the telecommunications, electronics,
electric utilities and computer services industries in North America. The
Corporation owns an ISO 9001-2000 registered production facility in Brandon,
Manitoba and has head offices in Calgary, Alberta.
Shares of Inventronics trade on the TSX Venture Exchange under the symbol
"IVT." For more information about the Corporation, its products and its
services, go to www.inventronics.com.
