Pason Systems Appoints New Chief Operating Officer

Jim Hill, President and CEO of Pason Systems Inc. is pleased to announce the appointment, effective immediately, of Bob Rodda to the newly created role of Chief Operating Officer (COO). In this new role of COO, Mr. Rodda will be directly responsible for and lead Pason's Canadian, United States and International business units as well as the corporate functions of Research and Development, Contract Manufacturing and Quality and Testing. Along with the COO, positions reporting to Mr. Hill will include the Chief Financial Officer, Human Resources Manager and Risk Manager.

Mr. Rodda has been with Pason for more than 12 years and for the past 7 years, has held the position of General Manager Canada. Bob has more than 29 years of general management experience in drilling operations and related business activities which has proven to be a valuable asset for Pason in connection with product development and marketing and realizing Pason's strategic focus of identifying challenges at the wellsite, and developing unique proprietary solutions while providing the industry best in customer care.

Mr. Hill is also pleased to announce that Mr. David Holodinsky will replace Mr. Rodda as the General Manager Canada. Mr. Holodinsky will assume responsibility for the marketing and sales of the Pason suite of products, technical support services, health and safety, and the delivery of a high level of service to our customers through a team of highly skilled field technicians located throughout Western Canada. David joined Pason last year in the role of Canadian Operations Manager and prior to joining held senior management positions in Canada and the United States with Siemens AG, one of the world's leading electrical engineering and electronics corporations.