CALGARY,
ALBERTA--(Marketwire - Oct. 1, 2009) - Blackline GPS Corp.
(TSX VENTURE:BLN) ("Blackline" or the "Company") is pleased to announce the
appointment of Randy Henderson as Chief Financial Officer and to its Board of
Directors.
Mr. Henderson is a senior finance executive and
corporate director who most recently served as a corporate financial advisor to
the board of directors and executive management teams of both publicly-traded
and private entities. Previously, Mr. Henderson was Chief Financial Officer of
several significant public and private entities, including CE Franklin Ltd., a
publicly-traded international oilfield services distribution company; Emera
Inc., a publicly-traded international energy and energy services company; and
ENMAX Corporation, a privately-held integrated electric energy company.
In 2003, he was nominated for Canada's CFO of the
Year Award. He is a member of the Canadian Institute of Chartered Accountants
(CICA) and is an executive leadership program alumnus of the Stanford Business
School of Stanford University. In 2008, he was awarded the Corporate Finance
(CF) designation by the CICA. In 2009, he successfully completed the Directors
Education Program offered by the Institute of Corporate Directors of Canada and
was awarded its designation of ICD.D.
Blackline
GPS President and CEO, Clark Swanson, said, "Randy brings a unique perspective
to the executive management team of Blackline and his skills and experience
will lend themselves well to the growth of our business. I'm extraordinarily
pleased Blackline continues to attract many of the best and brightest people in
business today – Randy makes a superb addition to our team".
Cody Slater, Chairman
for Blackline GPS Corp. welcomed Mr. Henderson to Blackline, stating "Randy
brings a wealth of business knowledge and experience to Blackline that will
impact the Company far beyond the standard role of CFO. His addition to the
management team and the Board will prove a significant benefit as we develop
towards being the market leader in location based services."
"I am
very excited to join Blackline GPS as CFO and director," said Mr. Henderson.
"This is a company that has coupled a state of the art product offering with an
experienced and successful management team and Board. I look forward to our
future successes in providing technology solutions that allow our customers to
Protect, Share and Connect."
About Blackline GPS,
Corp.
Blackline
GPS, Corp., founded in 2004, integrates satellite GPS tracking with cellular
GSM technology to provide innovative wireless products and service solutions to
address the growing markets in vehicle and watercraft security and recovery,
location-sharing, workforce management and family efficiency concepts.
Headquartered in Calgary, Canada, Blackline GPS powers the ESCORT® Entourage™
CIS and PS vehicle security systems, combining the premium components of the
ESCORT family of products with a level of user website connectivity, access to
global databases and backend location tracking and recovery only Blackline GPS
can offer. Other products include Harpoon™ GPS watercraft security systems,
BlipPlus™ Friend-finder app for Blackberry® smartphone and the Monitoring &
Recovery Service powered by Blackline GPS. This latter product provides instant
text, email and direct voice contact alerts when vehicles or watercraft are
tampered with, and a national recovery network should they be stolen.
Technology, dedication and vision combine to create an ever-growing suite of
tools designed to Protect. Share. Connect™.
For
additional information please visit Blackline GPS on the web at www.blacklinegps.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.