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Resin Systems Announces Name Change to RS Technologies

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Jun 23 2010

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Resin Systems Inc. ("RS" or the "Company") (RS - TSX), a technology innovator and manufacturer of advanced composite products for infrastructure markets, is pleased to announce that its shareholders have approved a name change to RS Technologies Inc. The name change will go into effect at market open on Wednesday, June 23, 2010. The Toronto Stock Exchange (TSX) trading symbol remains "RS".

RS has been known commercially to its customers as RS Technologies for the past several years. As a result, the Company decided to identify itself under a single corporate brand to all its stakeholders.

"We have reached an important stage in the growth of our Company. Since the beginning of 2009, we have proven our manufacturing capabilities. In parallel, our RStandard(R) composite poles are now being accepted at a growing rate by the utility and communications markets in larger-scale applications," said Paul Giannelia, chief executive officer of RS.

RS has also engaged Macquarie Capital Markets Canada Ltd. as Financial Advisor to assist the Company in securing funds for both its near term working capital needs and its anticipated manufacturing expansion.

Source:

http://www.grouprsi.com/

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