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Dowd resigns from RailPower's board

Yesterday, RailPower Technologies Corp. announced Warren Dowd has resigned from its board.

President and chief executive officer of Envoy Capital Management Ltd., Dowd is a founding director of Canada's National Angel Organization.

"Warren was one of the early members of the board," said Chairman Norm Gish in a prepared statement. "He helped establish a solid investor base that saw us through the start-up phase when strong financial support and confidence was vital for success."

RailPower markets the Green Goat™ and Green Kid™ hybrid locomotives, which are designed to reduce emissions and fuel usage compared with conventional switchers.

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More News from 5/6/2004