Michael Ainsworth Appointed CEO of ARA Safety Inc.
Ainsworth to Drive Continued Growth and Expansion of the Burgeoning Vancouver-Based Company
| Source: ARA Safety
VANCOUVER, BC--(Marketwire - September 8, 2008) - An emerging global leader in life safety, ARA
Safety Inc., announced today that it has appointed Michael Ainsworth as its
chief executive officer. Ainsworth will replace James Fierro, who will
continue to serve as executive chairman.
Fierro said the appointment of Ainsworth signals a new phase for the
Vancouver-based company. "Michael is an ideal choice to guide ARA Safety
into its next stage of development," said Fierro. "He has shown that he
possesses the strategic and operational leadership to build ARA Safety into
a major North American operation with global reach."
Ainsworth, formerly executive vice president of Ainsworth Lumber, said that
ARA Safety presented an exciting opportunity to deliver growth and results
for a company that is working to save lives and reduce human and financial
losses.
During his time at Ainsworth Lumber, Ainsworth played a key role in the
development of his family's organization from a private company with $120
million in annual revenues, to a public company producing revenues of more
than one billion dollars per year.
"The story of ARA Safety is highly compelling," said Ainsworth. "I am
looking forward to the challenges and opportunities that will come with
building ARA Safety into a global leader in the life safety industry."
As executive chairman, Fierro will continue to contribute in the areas of
business strategy, financing, mergers and acquisitions, and strategic
partnership development.
About ARA Safety
ARA Safety is a world leader in innovative fire and life safety technology.
ARA Safety's revolutionary Fire Interruption Technology (FIT) fire knock
down tool is saving lives and reducing property loss in cities and towns
across North America.
ARA Safety's fire and life safety technologies also include the Zero
Combustion line of fire proof sprays, paints and coatings, and its world
leading line of Photoluminescent products. ARA Safety's technologies have
been used by NASA, the Pentagon, the United States Military and are
featured prominently on the Vancouver Shangri-La. ARA Safety Inc. is based
in Vancouver, Canada. ARA Safety is a reporting issuer and is not listed
for trading on any exchange. To learn more about ARA Safety visit,
www.arasafety.com.