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JER Jer Envirotech International Corp Com Npv

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Share Name Share Symbol Market Type
Jer Envirotech International Corp Com Npv TSXV:JER TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

JER Envirotech Announces Management Resignation

03/10/2008 11:46pm

Marketwired


Jer Envirotech International Corp Com Npv (TSXV:JER)
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JER Envirotech International Corp. (TSX-V: JER) (FRANKFURT: KFTB) ("JER") wishes to announce that Mark Komonoski has resigned from the position of Senior Vice President of Investor Relations. "JER is committed to reaching profitability and cost containment will contribute to achieving this goal. I would like to thank Mark for his high level of professionalism and integrity. His contribution to our business in the area of investor relations has been excellent," said Edward Trueman, President and CEO. "Given the difficult market conditions for a technology development company, Mark's performance was excellent. His initiatives with the investment community helped JER have enough public market interest to raise over $11 million in working and development capital over the past two years."

Mr. Komonoski has been retained over an interim period to assist in a smooth transition. Moving forward, all investor relations questions can be directed to Mr. Ji Yoon, CFO and Corporate Secretary of the corporation.

About JER Envirotech International Corporation

JER is a global supplier of thermoplastic biocomposite compounds and sheeting. The Company's patented technology utilizes waste or by-product materials, such as wood fibre or rice hulls, to produce environmentally friendly alternative products for applications in the construction, transport, automotive and toy industries. The Company currently has a range of biocomposite formulations which it developed in collaboration with the National Research Council - Industrial Materials Institute of Canada.

JER is publicly traded on the TSX Venture Exchange (TSX-V) under the symbol "JER" and on the Frankfurt Stock Exchange under the symbol "KFTB."

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. This news release contains certain forward-looking statements that reflect the current views and/or expectations of JER Envirotech International Corp. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, demand for thermoplastic biocomposites, competition and our ability to implement our business plans and strategies in a timely manner or at all. These risks, as well as others, could cause actual results and events to vary significantly. JER Envirotech International Corp. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

Distributed by Filing Services Canada and retransmitted by Marketwire

For more information, please visit www.jerenvirotech.com or contact: JER ENVIROTECH INTERNATIONAL CORPORATION "Ji Yoon" Mr. Ji Yoon Chief Financial Officer International: +1 (604) 940-9262 Email Contact Email: Email Contact Website: www.jerenvirotech.com

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