News and Events:
Canadian Technology Network Interview

News Releases:
Apr 19/04 Release of Annual Financial Statements

Dec 05/03 Normal Course Issuer Bid

Oct 08/03 Nextron Announces Strategic Alliance with UK Firm

Aug 6/03 Nextron Awarded Pennsylvania Contract











Contact Information


Nextron Corporation
#14, 6120 - 11th Street SE
Calgary, Alberta T2H 2L7

Investor Contact: Duane Schmeekle
Phone: (403) 735-9555 Ext. 263
Fax: (403) 735-9559
E-mail: dschmeeckle@nextron.ca

   

Quarterly and Year End Reviews

In order to access our current Financial Documents and News Releases, please link directly to the Sedar website.

Letter to Investors

Since it was incorporated in 1996, Nextron has witnessed significant growth. Through our continued investment in technology and product development, we have strengthened our position as a supplier of technically-advanced, high-quality products for temperature and control monitoring in electrical heat tracing applications.

With the agility of a smaller firm, we are able to quickly make innovative changes and developments. Our sales growth is a result of our ability to design and deliver cost-effective solutions to our customers in a timely fashion.

In support of Nextron's growth, 2003 began with a benchmark analysis — the Canadian Business Competitive Index Report (performed by the National Research Council, in conjunction with the Industrial Research Assistance Program.) Last performed in 1999, the latest report illustrates significant improvements by Nextron in providing value, quality, training and inventory management.

We are committed to building on these improvements.

Our ongoing objectives:
  • Manufacture quality products with technological superiority that meet or exceed customer expectations.

  • Offer opportunities for employees with a non-discriminatory environment, job training, career enhancement education and competitive compensation.

  • Fairly promote the company's products through professional salesmanship, product knowledge and excellent customer service.

  • Provide a real return to shareholders, increases in share value, competitive with alternative investment opportunities.

  • Act responsibly in the community by responding to public needs and representing our industry with integrity.

On behalf of the Management Team and Nextron's employees, we thank you for your continued support as we look forward to building a strong future together.

Sincerely,

Len Edwards, President



Corporate Profile

Nextron is an emerging technological company specializing in temperature control. The Company’s capabilities include design, manufacture, marketing and servicing of electronic controls and related products used in the electrical heat tracing of industrial and commercial processes. Customer base is primarily major world-class corporations. Industries served include oil and gas, petroleum and petrochemical, chemical, pulp and paper, pharmaceuticals, power including co-generation and nuclear, mining and mineral processing, food and beverage, and commercial.. Since 1997, Nextron products have been installed in countries around the world, including Canada, USA, Mexico, Argentina, Saudi Arabia, Russia, and South Korea. Nextron Corporation is based in Calgary, Alberta, Canada and registered in the Province of Alberta. The Company is listed on the TSX Venture Exchange and trades under the symbol NXT. Public information on Nextron, including news releases, financial statements, and information circulars, is available on Sedar at www.sedar.com.

Corporate Governance

Nextron Board of Directors is steward of the Company’s assets on behalf of the shareholders and is focused on adding value to those assets by working with management to build a successful corporation and enhance shareholder value. The Board intends to act as a good corporate citizen while fulfilling those duties.

The Board of Directors has responsibilities in the following areas:

Governance
  • Develop a set of corporate governance principles and guidelines
  • Establish appropriate structures and procedures to allow the Board to function independently of management
  • Establish Board committees and define their mandates to assist the Board in carrying out its roles and responsibilities
  • Set expectations and responsibilities of Directors including basic duties and responsibilities
  • Undertake regular evaluation of the Board, its committees and its members
  • Appoint a Nominating Committee to propose new nominees to the Board

Strategic Planning
  • Supervise the formulation of the strategic direction, plans and priorities of the Company and annually approve the strategic plan prepared by the President
  • Review and approve the annual business plan prepared by the President
  • Monitor implementation and effectiveness of the approved business plan
  • Approve major business decisions including mergers and acquisitions

Risk Management
  • Ensure processes are in place to identify the principal risks of the business
  • Review systems implemented by management to manage those risks
  • Review processes that ensure compliance with applicable regulatory, corporate, securities and other legal requirements

Succession Planning
  • Appoint a Compensation Committee to supervise the selection, appointment, development, evaluation and compensation of the President
  • Satisfy itself as to the integrity of the President and that the President creates a culture of integrity throughout the organization

Communications and Public Disclosure
  • Assess the effectiveness of the Company’s communications, including means for receiving feedback from shareholders
  • Oversee establishment of a process for the accurate, timely and full public disclosure, including the Company’s disclosure policy
  • Review due diligence processes and controls in connection with certification of the Company’s financial statements and MD&A’s

Internal Controls
  • Establish and maintain a Code of Business Conduct and Ethics
  • Appoint an Audit Committee to review the Company’s financial statements and oversee compliance with applicable audit, accounting and reporting requirements
  • Review the effectiveness of the Company’s internal controls and the Company’s management information system


For additional information on Nextron's
commitment to customers, employees,
shareholders and the community:


Nextron Corporation
#14, 6120 - 11th Street SE
Calgary, Alberta T2H 2L7

Investor Contact:
Duane Schmeeckle, Chair
Phone: (403) 252-1313
Fax: (403) 253-1390
E-mail: schmeeckle@shaw.ca

Len Edwards, President
Phone: (403 735-9555 Ext. 274
Fax: (403) 735-9559
E-mail: ledwards@nextron.ca

Auditor
Buchanan, Barry LLP
800, 840 - 6th Avenue SW
Calgary, Alberta T2P 3E5

Legal Counsel
Macleod Dixon LLP
3700, 400 Third Avenue SW
Calgary, Alberta T2P 4H2

Transfer Agent
Computershare Trust Company of Canada
600, 530-8th Avenue SW
Calgary, Alberta T2P 3S8

Home  Products and Services  What's New  About Us  Order  Contact Us