FREDERICTON, Sept. 22 /CNW/ - R. Gordon Wheaton, Chairman of Trius Investments Inc. (TRU - TSX) announced today that shareholders of the company, subject to regulatory approval, have passed a resolution to change its company name to "eCycling Technologies Inc." The regulatory process necessary to effect the change is being undertaken immediately. Mr. Wheaton stated: "The new company name and new brand identity are expected to position eCycling Technologies Inc. (www.eCycling.com) as a modern, aggressive, competitive, and global ecycling company that is part of a successful international group. Our goal is to become the global leader and leading brand by providing environmentally safe asset lifecycle solutions such as Recycle, Resale, Tracking, Return Materials Authorization (RMA) programs and Risk management, for global electronics manufacturers and consumer-focused telecom companies looking for a single source asset management partner." Mr. Wheaton continued: "Along with the launching of the new name and brand identity, eCycling Technologies Inc. is pleased to announce that, subject to regulatory approval, it has recently appointed a new senior executive to lead the firm into its next phase of growth. Patrick Mulvey joins eCycling Technologies Inc. as President, CEO and director bringing over 25 years of management expertise to the position. Mr. Mulvey has been associated with Maxus Technology, General Electric, FEDEX, Cablevision Systems and W.W. Grainger. He holds an M.S. in Industrial Engineering and an MBA from Rensselaer Polytechnic Institute." Based on its new business plan vision, eCycling Technologies Inc. will proceed to implement its strategic plan by way of acquisitions. THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. %SEDAR: 00009507E
