Raydan Manufacturing Reports Appointment and Resignation of Board Members

EDMONTON, Jan. 26 /CNW/ -- 
EDMONTON, Jan. 26 /CNW/ - Raydan Manufacturing Inc (the "Company") (TSX-V:RDN) is pleased to announce the appointment of
 Luke Gabriel Loran to the Company's Board of Directors; additionally,
 we regretfully announce the resignation of Leonard Jaroszuk from the
 Board.


Mr Loran brings to the Company considerable financial knowledge gained
 during his career in banking with the Royal Bank of Canada and the
 Canadian Western Bank. The Board of Directors has accepted his
 appointment and he will begin his duties with Raydan effective January
 1, 2011.


"We are pleased that Luke has consented to serve on our Board of
 Directors," remarks Ray English, President and CEO. "We believe he will
 prove an asset to our Company as we move forward."


Mr Jaroszuk's duties with his own group of companies have increased
 substantially, giving him cause for concern regarding his ability to
 fulfill his obligations as a director of the Company. He, therefore,
 tendered his resignation effective January 3, 2011.


"We will miss Len's support and guidance," stated Ray English. "We wish
 him luck in his future endeavors."


About Raydan Manufacturing 


Raydan Manufacturing Inc, based in Edmonton, Alberta, develops and
 produces specialized suspension and coupling systems for trucks,
 trailers and heavy equipment, as well as operates a chassis
 modification centre. Established in 1992, Raydan exports its
 innovative, high-quality products to end-users and original equipment
 manufacturers (OEMs) in the heavy-duty truck, crane, fire/rescue and
 other severe use sectors around the world.


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.


This news release contains forward-looking statements that involve risks
 and uncertainties, which may cause actual results to differ materially
 from the statements made.  Potentially, many factors could cause our
 actual results to vary materially from those described herein as
 intended, planned, anticipated or expected.  Raydan Manufacturing Inc
 does not intend and does not assume any obligation to update these
 forward-looking statements.


To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/January2011/26/c5563.html



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