Welcome!

News Feed Item

Grande West Nominates Yves Devin and Don Siemens

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/01/14 -- Grande West Transportation Group Inc. (TSX VENTURE:BUS) ("Grande West" or the "Company") announces the nominations of Yves Devin and Don Siemens to its Board of Directors at its upcoming Annual General Meeting to be held on May 29, 2014.

Mr. Devin has over 25 years of experience in the public transit industry and was CEO of Societe de transport de Montreal ("STM") from 2006 to 2012. STM is one of the largest transit systems in North America with its 1,800 buses, 69 km of subway lines, 9,800 employees and a $1.8 Billion operating budget. Through Yves Devin's leadership, STM reached the ranks of top performers by being named best Transportation Company in North America (2010) by the American Public Transportation Association (APTA) and the best Transportation Company with a commitment to sustainable development (2010-2011-2012) by the London Metro Awards (participants from 40 Countries). Employee mobilization and customer satisfaction achieved an all-time high and traffic reached a record 405 million trips. Yves is actively involved and an avid supporter of the Canadian Urban Transit Association, the American Public Transportation Association and UITP, the only worldwide network to bring together all public transport stakeholders and all sustainable transport modes.

Mr. Siemens is an independent financial advisor and corporate director specializing in Corporate Finance and Mergers & Acquisitions. Don Siemens is a Chartered Accountant and previously was Partner-in-Charge of Thorne Ernst & Whinney's (now KPMG) Vancouver office Financial Advisory Services group.

William Trainer, President and CEO of Grande West, stated: "We are pleased to be nominating the caliber of Yves Devin and Don Siemens to our Board of Directors. Each will bring a wealth of experience and expertise to Grande West. Mr. Devin's experience in managing a major public transit system and the intricacies of government relations and funding will provide a valuable perspective to Grande West on the needs of our customers. Mr. Siemens has a proven track record of advising companies to excel in growth, strategic planning and financial reporting. We look forward to their input to assist Grande West achieve its' goals and increase shareholder value."

Michael Evans and Joanne Yan will not be standing for re-election as Directors at the Annual General Meeting so as to enable Yves Devin and Don Siemens to join the Board. The Company wishes to sincerely thank, Michael Evans and Joanne Yan, for their important contributions to the launching of Grande West through its IPO process and their valued guidance given as Directors.

About Grande West Transportation Group Inc.

Grande West was formed in 2008 to design and develop a 27.5 foot bus, known as the "Vicinity." With little competition in the "mid-size" bus range, Grande West has set itself apart from others with its "Vicinity" bus - a heavy duty mid-size, true community transit bus.

The Vicinity is designed with affordability, accessibility and global responsibility in mind. It costs about half the amount of a 40 foot transit bus, burns less fuel, emits less harmful environment emissions and achieves a life span twice as long as cut-away buses with less maintenance costs.

In a large and unsaturated market, Grande West is poised to capture growth in both the replacement of cut-away buses and the right sizing of larger buses for better utilization of transit fleets across Canada and the United States.

Initial deliveries of 15 Vicinity buses occurred in August 2013 to BC Transit. We also recognized the recent sale of our demonstration bus. Currently, we have 18 new Vicinity buses in production mostly for delivery to Quebec and Nova Scotia transit agencies. Our potential sales funnel is constantly growing, as the Vicinity is introduced to transit agencies across Canada.

For marketing and customer testing, 3 Vicinity demonstration buses are included in the current production run inclusive of our new 30 foot model with 2 doors for the Ontario market and airport shuttle bus applications.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of Grande West Transportation, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. These forward-looking statements may include statements regarding the perceived merit of the product offered by Grande West; sales estimates; manufacturing capabilities; capital expenditures; timelines; strategic plans; market prices for parts and material; or other statements that are not statements of fact. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could cause actual results to differ materially from Grande West's expectations include the uncertainties involving the need for additional financing to market Grande West's products and provide after-sales maintenance and support services to Grande West's customers; access to adequate services and supplies to operate Grande West's business; availability of financing in the debt and capital markets; the need to obtain governmental approvals; unexpected cost increases, which could include increases in estimated capital and operating costs; fluctuations in price of materials used in the manufacture of our products and currency exchange rates; availability of a qualified work force; customers' reliance on funding from various levels of government to purchase our products; fuel shortages and fuel prices; competitors' ability to develop competing products; our ultimate ability to develop, manufacture and sell Grande West's products on economically favourable terms; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...