Thursday, 25 January 2007

HydraLogic Makes Management Change, Adds to IR Team

Jan. 11th/2007: HydraLogic Appoints Mr. Peter Wright as Chief Financial Officer

HydraLogic's new CFO, Peter Wright, joined HLS in 2004 as Controller, and assumed the role of V.P. Finance and Administration in 2006. Prior to joining HLS Mr. Wright spent 13 years with Simcoe District Co-operative Services, a regional, multi-divisional agricultural Co-operative with average annual sales in excess of $50 million. While there, he held the position of Chief Financial Officer for four years and nine years as Controller. During this tenure Mr. Wright lead the restructuring of the organization, managed human resources and contributed to the overall financial success of the operations including budgeting and forecasting, direction and control of credit and collection and managing the treasury. Preceding Simcoe, he spent four years as an Auditor with Hyde Houghton, now a part of BDO Dunwoody.

Bruce Clark has resigned as CFO, effective January 1, 2007 and will continue to support HLS in a consulting capacity.

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Jan. 4/2007: HydraLogic Systems Inc. Retains Bristol Capital Ltd. to Provide Investor Relations

HydraLogic added to its IR team this month with, engaging Bristol Capital Ltd., to provide investor relations services. Bristol is a boutique investor relations firm that specializes in helping small and micro-cap public companies develop broader communication strategies with the brokerage and institutional investment community.

Please note that this is in addition to the services provided by the Howard Group.

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