Company News
National Challenge Reorganizes Management to Develop Biogas Renewable Energy
download pdfNational Challenge Systems Inc.
3700 Steeles Avenue West, Suite 601
Woodbridge, Ontario L4L 8K8
TEL: (905) 264-7700 FAX: (905) 264-7273
E-mail: info@nationalchallenge.com
Website: www.nationalchallenge.com
November 16, 2006 TSX Symbol: NLC
NEWS RELEASE
National Challenge Reorganizes Management to Develop
Biogas Renewable Energy
Woodbridge, Ontario -November 16, 2006. National Challenge Systems Inc., a leader in the provision of vacuum truck services for the collection, treatment and disposal of non-hazardous liquid waste, today announced changes to its senor management team to better facilitate its focus on developing opportunities in biogas renewable energy.
The Company continues to view the development of the biogas renewable energy industry in Ontario and the rest of North America as a significant opportunity that can provide an economic long term solution to the disposal of the organic residuals it collects. National Challenge is committed to researching and developing viable options for participation in this exciting new industry.
In order to concentrate the Company's effort in this extremely critical area, the Company has reorganized its senior management team. Douglas Carruthers is appointed Vice President Corporate Development, and Charles Buehler, the company's CEO, assumes the title of President and CEO. Frank Chen has resigned as Vice President Corporate Development.
"Doug has applied his 25-plus years of experience in the organic residuals management industry to understanding all aspects of biogas renewable energy. His efforts have firmly brought this exciting opportunity to the Company; we are very fortunate to have Doug focusing on this initiative in his new role." said Robert Bandeen, the Company's Chairman.
This press release is available on the Company's official on-line investor relations site for investor commentary, feedback and questions. Investors are asked to visit the investor relations section of the Company's website at http://www.nationalchallenge.com/NCS_Investor.asp . Alternatively, investors are asked to e-mail all questions and correspondence to Info@NationalChallenge.com where they can also request addition to the National Challenge investor e-mail list to receive all future press releases and updates directly.
About National Challenge Systems Inc.
National Challenge is Canada's largest provider of vacuum truck services for the collection, treatment and disposal of organic and other non-hazardous liquid waste. NCS services in excess of 8,000 commercial, industrial, institutional and residential customers in Ontario, Quebec, and British Columbia. Further information about NCS may be obtained at the Company's web site at www.nationalchallenge.com .
Note: Certain information contained in this press release may be forward-looking and therefore subject to unknown risks or uncertainties. The actual results, performance or achievements of National Challenge Systems Inc. may differ materially from the results, performance or achievements of the Company expressed or implied by such forward-looking statements.
CONTACT INFORMATION
Corporate Inquiries
Charles H. Buehler,
President and CEO
info@nationalchallenge.com
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