EDMONTON, Alberta, Canada, Feb. 9, 2004 (PRIMEZONE) -- Resin Systems Inc. ("RSI") (TSX Venture Exchange:RS) (OTCBB:RSSYF), a technology company, today announced that it has appointed Current Capital Corp. ("Current Capital") of Toronto, Ontario as an investor relations consultant of RSI. Current Capital will provide financial consulting, communications and investor relations services to RSI.
Pursuant to an investor relations agreement, Current Capital will provide services to RSI for an initial 12 month term in consideration of a monthly fee of $5,000 plus approved expenses. Thereafter, the agreement is renewable monthly should both parties agree. Current Capital's compensation also includes the grant of options to purchase 300,000 common shares of RSI for a term of two years, 200,000 of which are exercisable at $1.00 per share and 100,000 of which are exercisable at $3.00 per share. Current Capital's appointment and its compensation are subject to regulatory approval.
Current Capital is a full-service public relations and corporate communications firm that specializes in working with clients to effectively position them with current and prospective investors. With a broad range of clients, Current Capital's goal is to help clients build positive and enduring relationships with financial audiences. More information about Current Capital can be accessed at www.currentcapital.com.
RSI is a technology company that is actively engaged in the commercialization and further development of composite materials and products throughout the global marketplace.
For more information please contact:
Greg Pendura President and Chief Executive Officer Resin Systems Inc. Ph: (780) 482-1953 Email: greg@resinsystemsinc.com www.resinsystemsinc.com
John Robinson or Robert Kennedy Current Capital Corp. Fax: (780) 452-8755 Ph: (416) 860-0211 or 1-877-859-5200 Email: john@currentcapital.com Email: robert@currentcapital.com www.currentcapital.com
This news release contains "forward-looking statements" within the meaning of the United States federal securities laws. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from the anticipated future results expressed or implied by such forward-looking statements. Resin Systems Inc. undertakes no obligation to publicly update or revise any forward-looking statement contained in this news release except as required by law.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.