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Effective Control Transport, Inc. : Effective Control Transport Announces a Newly Appointed CEO


Published on 2009-10-09 11:21:08 - Market Wire
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LONGUEUIL, QC--(Marketwire - October 9, 2009) - Yves Cournoyer, Executive Vice President of Effective Control Transport, Inc. (PINKSHEETS: [ EFFC ]) ([ www.econtroltransport.com ]), a software company which specializes in a technology that monitors an operator's vigilance and awareness (Driver's Mates™ which is powered by the CRAM™ software), is pleased to announce the appointing of Mr. Michel Nader as the new Chief Executive Officer of the Company as of today.

As the new CEO, Mr. Nader will oversee the general operations of the company, will be involved in the financial activities of ECT and will establish a strategic development plan for the future. "Part of my job in ECT will be to increase shareholders values and help to bring this company to the next level," said Michel Nader.

Mr. Nader will be announcing on 16 of October 2009, a 90 day plan of the company's upcoming activities. This plan will include details about new financials and distribution partners local and overseas. It will also include details about the mass market product to be release in 2010.

Prior to his role with ECT, Mr. Nader was the founder of "GCL Computers," creator of the GCL computer systems, General Manager of the International development department for "Shanghai Jenjune Limited" based in China, leader and manufacturer of different products for the South American market, Mr. Michel Nader was in charge of developing a new market in the Middle East and North America, Mr. Nader is the founder and President of "Nader Construction" one of the important promoters in Quebec in residential projects, with over 20 million dollars in houses and condos projects, Mr. Nader also is the Vice president of Nader Investment group, based in Lebanon.

Mr. Nader holds a Bachelor degree in Business and computer science.

Mr. Raphael Huppe resigns as of today, of his position of CEO and will remain as Chairman of the Board and Chief Technical Officer of the company.

To learn more about Effective Control Transport, Inc. and the CRAM technology, please visit ([ www.econtroltransport.com ])

To learn more about Axyomm Technologies Corporation please visit ([ http://www.econtroltransport.com/release5.php ])

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

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