TORONTO, June 1 /CNW/ - Luxell Technologies Inc. (TSX:LUX), a leading provider of ruggedized flat panel display systems and solutions in the global avionics and defense sectors, announced today that it has accepted the resignation of Alec Couckuyt, as the Company's CEO and from its Board of Directors.
At the same time, the Board of Directors is pleased to announce the appointment of David Pasieka as interim CEO. David will be at the helm while Luxell searches for a permanent CEO.
David has more than 26 years of global experience with many of Canada's leading technology companies, including Bell Canada, CNCP Telecommunications, Unitel, MetroNet Communications, AT&T Canada, 724 Solutions, Oasis Technology and eFunds International. He has recently been consulting with early stage technology companies in turn-around or growth situations. David has also been a member of the Luxell Board of Directors since late 2005 and chaired a number of the Board's sub-committees in 2006. David has a mandate to move the Company into the growth phase of the restructuring process. This will include new financing and continued cost control and extension of the Luxell brand worldwide.
About Luxell
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Luxell designs, manufactures and licenses flat panel display technologies and product solutions for the aerospace and defense sectors. Luxell is an ISO certified company.
More information can be found at www.luxell.com. (C) Luxell Technologies Inc., Luxell and Black Layer are trademarks of Luxell Technologies Inc. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers.
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