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Rutter Inc. Confirms Appointment of New President and Chief Executive Officer
Wednesday, April 08, 2009 2:18 PM


ST. JOHN'S, April 8 /CNW/ - Rutter Inc. (TSX: RUT) confirmed today the appointment of Mr. Fraser H. Edison as President and Chief Executive Officer of the Company.

David Beutel, Chairman of the Board of Directors, said "Under the leadership of Mr. Edison, our Board is looking forward to the continuation of the positive results achieved in the technologies division and now, with the completion of the sale of our controls and automation assets, the Company will now focus on its core competencies in engineering and technology", he concluded.

"Changes we have made to enhance both productivity and quality have improved our operations and have resulted in significant growth in our manufacturing business," said Mr. Edison. "Also, having achieved significant market penetration with our voyage data recorders (VDRs), Rutter continues to develop new technologies that focus on enhancing safety, environmental protection and efficiencies in the marine industry. Continued development in this part of our business, particularly in the area of radar technologies, represents exciting opportunities for the Company" he concluded.

There will also be a renewed focus on the engineering division, indicated Mr. Edison, which will continue to offer multi-disciplinary consulting engineering services. "We have a solid business based on contracts from our clients in the public sector and anticipate we will see growth in this area due to the significant amounts of investment in public infrastructure over the coming years," he said.

About Rutter Inc. - Rutter is an enterprise focused on providing innovative technologies and engineering solutions. Rutter's global network supplies technologies to improve efficiency and safety in the marine, defense, transportation, oil and gas sectors from its headquarters in the Province of Newfoundland and Labrador. Multidisciplinary consulting engineering services including civil, structural, mechanical and electrical engineering (other than automation engineering) as well as environmental and construction management services are provided to a diverse client base which includes all levels of government and the oil and gas and industrial sectors. For more information see www.rutter.ca

Forward-Looking Statements

This news release may contain forward-looking statements that involve risks and uncertainties. These forward-looking statements reflect our current expectations and are subject to a number of risks and uncertainties including, but not limited to, change in technology and general market conditions. Due to the many risks and uncertainties, Rutter Inc. cannot assure that forward-looking statements that may be contained in this news release will be realized.

The TSX has not reviewed and does not accept responsibility for the

adequacy or accuracy of this news release.

%SEDAR: 00022015E

(Source: CNW )


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