MONTREAL, Aug. 3, 2005 (PRIMEZONE) -- Neutron Enterprises, Inc. ("Neutron" or the "Company") (OTCBB:NTRN) today announced the appointment of Harry Hopmeyer as an independent director.
Mr. Hopmeyer is an entrepreneur and corporate officer with more than 25 years of experience in both Canadian and U.S. enterprises. He is a co-founder and director of Faircourt Asset Management Inc., a firm that manages in excess of $650 million in assets. Mr. Hopmeyer is also a senior Canadian advisor to BLC-Edmond de Rothschild Bank in Paris, is chairman of CSP Security Group, and was recently appointed to the Canadian Centre of Security and Intelligence, based in Ottawa. Previously, Mr. Hopmeyer co-founded Fast Company Media Enterprises and, along with the editors of the Harvard Business Review (HBR), played an instrumental role in its sale to the Bertlesman Group in 2001. He co-founded Prime Restaurant Group and built it into the second-largest casual dining chain in Canada. In 2003, he served as President and CEO of Kruco Inc. (a holding company) for parts of the Kruger Pulp and Paper family. Mr. Hopmeyer is also extensively involved in various charities and civic ventures. In 2002, Mr. Hopmeyer was awarded the Queen's Jubilee Governor General Medal, honoring his significant contribution to Canada.
"We are very pleased to have someone of Harry's caliber join the board. With the addition of his business experience and leadership, Neutron can only become a stronger and better managed company," stated Andrew Gertler, Chairman and CEO.
About Neutron
Neutron Enterprises, Inc. (NTRN) is a media company that operates the Digital Signage Broadcast Network (DSBN) and Elumalite Technologies (EL). The Company's L.E.D. (Light Emitting Diode) sales company is based in Mississauga, Ontario, with proprietary product sub-assembly manufacturing in Taipei, Taiwan. EL is a new electroluminescent point-of-sale technology sold to multinational consumer products and packaged goods companies. NTRN manufactures, sells, assembles and installs custom modular small- to large-format L.E.D. displays and systems for indoor and outdoor digital video applications. The Company is in various late-stage negotiations to secure contracts for major landmarks, venues and high-traffic locations for its DSBN L.E.D. screens, which once installed, generate recurring advertising revenues.
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