Robert Lord, FCA Named Chairman of NGRAIN Board of Directors
VANCOUVER, BC — February 10, 2004— NGRAIN® Corporation, a leading developer of interactive 3D visualization and simulation software tools, today announced the appointment of Robert Lord, FCA as chairman of the company's board of directors.
A member of NGRAIN's board of directors for two years, Lord oversees the Audit and Compensation Committees. In addition to advising on accounting and financial matters, Lord consults on general corporate governance and offers advisory counsel on corporate development issues.
Formerly Vice-Chairman of Ernst & Young LLP, Lord had a long and distinguished career with the firm and held several senior positions, including National Director of Accounting and Auditing Services and Managing Partner of a western Canadian office.
Lord chaired the Canadian Institute of Chartered Accountants (CICA) Task Force on Standard Setting in 1997-98, and in 2000 was appointed by the Government of Ontario to chair the Ontario Financial Review Commission. He serves as a director of four public companies and two private companies, including NGRAIN.
Lord is a past chair of the board of directors of the YMCA of Greater Toronto, chair of the board of the University of Toronto Schools, and a director of the Toronto Rehab Hospital Foundation. He received a Bachelor of Arts degree with honors in political science and economics from the University of Toronto.
“We are very pleased that Bob Lord will be assuming this important leadership position within NGRAIN,” said Paul Lindahl, president and chief executive officer of NGRAIN. “Bob has provided NGRAIN with great stewardship in developing the company's governance practices. His extensive business experience has been extremely valuable to the board, and his commitment to the company is very much appreciated. We look forward to continuing our relationship for many years to come.”
About NGRAIN
NGRAIN Corporation develops visualization and simulation solutions that enable the modification and manipulation of complex 3D data in real-time on common PCs, such as Tablet PCs and other computing platforms. NGRAIN delivers significant competitive advantage to organizations by revolutionizing the way they capture, communicate and manage complex information for applications in the aerospace & defense and manufacturing industries. NGRAIN's product portfolio can also provide new capabilities to create interactive 3D visualizations for education, entertainment, medical, and GIS applications. More information is available online at www.ngrain.com.
For additional information, please contact:
Rebecca Chamberlain, Environics Communications for NGRAIN
203-325-8772, rchamberlain@environics-usa.com
Christopher Fox, Environics Communications for NGRAIN
416-969-2749, cfox@environicspr.com