Strad Energy Services Ltd. announces that Mr. James McCallum of Richardson Capital Limited has been appointed to the Company's Board of Directors. Mr. McCallum is filling the vacancy created by the resignation of Mr. Robert Puchniak of James Richardson & Sons, Limited as a director of Strad. Mr. Puchniak has been a director of Strad since August 2006. The Company would like to thank Mr. Puchniak for his stewardship and counsel over the years, including his contributions to defining the strategic direction of the Company.

Mr. McCallum is a Managing Director at Richardson Capital Limited. He has over 18 years of private equity, mergers, acquisitions and capital markets experience. Prior to joining Richardson Capital Limited in 2004, he spent nine years in investment banking with Salomon Smith Barney and then Deutsche Bank Securities. Jamie is a graduate of the University of Manitoba and is a CFA charterholder.

Tags: Strad Energy Services Ltd.