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Message: TrackPower, Inc. Appoints New CEO - John Simmonds

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TrackPower, Inc. Appoints New CEO - John Simmonds

posted on Mar 15, 07 11:02AM

February 27, 2007

TrackPower, Inc. (OTCBB: TPWR) announced today that Edward M. Tracy has stepped down as CEO and Chairman of the Board. Upon Mr. Tracy's resignation, the company announced the reappointment of John G. Simmonds as CEO and Chairman of the Board, effective immediately.

Mr. Simmonds previously served as TrackPower's Chairman of the Board from May 1998 to November 2006, and its CEO from May 1998 to May 2005

In addition, David Robbins reported that he has resigned as the company's Corporate Secretary. The announcement was followed by the appointment of Carrie Weiler as his replacement, effective immediately. In addition, Paul Francey and Michael Connell were appointed as new Directors of TrackPower, following which Directors Jim Ahearn and Ken Adelberg resigned from the board.

TrackPower, Inc. is a corporation organized in Wyoming in 1993, which currently pursues opportunities in horse racing, gaming and related industries.