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Wednesday, September 21, 2011
Active Control Appoints New Management And Adds Director To Board
Toronto
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TORONTO, Ontario September 21, 2011 - Active Control Technology Inc. (“Active” or the “Company”), a leading provider in the design, manufacture and marketing of both wireless and fiber network solutions for mine communications, and the commercial security and access control industries, announced today that, Jonathan Emanuel has been appointed CEO of the Company and Graham Warren has moved to the role of CFO of the Company on an interim basis. Active is also pleased to announce that Michael Wolfe has agreed to join the Board of Directors, subject to regulatory approval. Mr. Wolfe has been appointed Chairman of the Audit Committee.

Jonathan Emanuel has been the CEO of PowerCart Systems Inc. (“PowerCart”) since 2008 and during this period has grown both the margins and revenues. Prior to PowerCart, Jonathan worked on the successful restructuring and sale of a technology company for one of the leading merchant banks in Toronto. Prior to this, Jonathan worked in technology companies involved with software development and/or consulting. During this period he was involved in multiple transactions either integrating, acquiring or selling companies. Jonathan has held a number of senior positions including CFO, CIO and CEO. Mr. Emanuel has been intimately involved in the operations of the Company for the last four months and has agreed to take on the role of CEO.

Graham Warren has been a Director of Active since 2004 and was the CFO of the Company until the fall of 2009 and took on the role of interim CEO following the resignation of Cameron Sturgess in December, 2010. Mr. Warren has handed the reins of the Company over to Mr. Emanuel.

Michael Wolfe is currently VP Finance at Masstech Group Inc. He is a finance professional with extensive experience in private equity, business valuation and accounting, working primarily with mid-market companies. Prior to joining Masstech, he worked at several prominent private equity firms and two international accounting firms. Mr. Wolfe is a Chartered Accountant (CA), a Chartered Business Valuator (CBV) and has a Master of Business Administration degree.

"Having worked closely with Jonathan Emanuel for the last four months, I am pleased that he is taking on the responsibility of the CEO of the Company. Jonathan will be able to devote his full-time attention to integrating the operations of the Company and PowerCart and realize on the tremendous synergies and business opportunities available to the merged entities”, said Graham Warren, Active’s CFO and former CEO. Jonathan Emanuel, the Company’s new CEO stated: “We are very pleased to welcome Michael Wolfe to Active’s Board. His broad financial experience and background will be a tremendous asset to the Company and will fill the void created by the resignation of Paul Jaggard.” Jonathan Emanuel further stated: “I look forward to taking on the challenge of CEO for Active to realize the technological and revenue growth available to the Company.”



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