MONTREAL, March 8, 2005 (PRIMEZONE) -- ADSERO Corp. (OTCBB:ADSO) is pleased to announce that Mr. Andre Leroux has been appointed to the Board of Directors.
Mr. Leroux was instrumental in growing Leroux Steel Inc. from $2 Million in revenues to $600 Million from 1974 to 1999. Mr. Leroux presently participates on numerous Boards of Directors and is Chairman of the Board and CEO of Noveko Echographics Inc., a publicly traded portable ultrasound scanner manufacturer that recently completed its first acquisition in Europe.
Mr. Yvon Leveille, President and CEO of ADSERO stated, "I am extremely pleased to have Mr. Leroux as a member of our Board of Directors. His extensive experience in managing a business through a period of substantial growth will be of great benefit to ADSERO. With our aggressive plans we felt it was important to provide the company with a strong Board to guide us in executing our vision."
"I am very proud to join a company which has such tremendous opportunities within such a large and highly fragmented multi-billion dollar market. I look forward to providing any guidance and assistance needed over the coming years," commented Mr. Leroux.
ADSERO Corp., through its Teckn-O-Laser group of companies, is a North American leader in the printer cartridge remanufacturing industry. The company manufactures and distributes remanufactured toner cartridges and inkjet cartridges which are sold through a variety of channels such as distributors and retail office supply stores, both domestically and internationally.
Safe Harbor Statements
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and may contain forward-looking statements, with words such as "anticipate," "believe," "expect," "future," "may," "will," "should," "plan," "projected," "intend," and similar expressions to identify forward-looking statements. These statements are based on the Company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the Company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to the Company's periodic filings with the Securities and Exchange Commission.