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Innovative Properties Inc. - New directors Dr. George Findlay and Robert Neal

HALIFAX, April 14 /CNW/ - Innovative Properties Inc. (the "Corporation") (TSXV: INR) is pleased to announce it has appointed Dr. George Findlay and Mr. Robert (Bob) Neal to its Board of Directors. Dr. Findlay and Mr. Neal replace Mr. Charles Baxter and Mr. J. Stephen Doiron who have resigned as directors of the Corporation. The Corporation appreciates the many valuable contributions of Mr. Baxter and Mr. Doiron during their tenure. By way of introduction, following Dr. Findlay's graduation from Rothesay Collegiate School in New Brunswick, he studied science and dentistry at Dalhousie University and in 1977 established his private practice in Bath, N.B., until his retirement from dentistry in 2006. In 2007, Dr. Findlay
graduated with an MBA degree from The University of Liverpool, completed the Directors' course at Simon Fraser University, and obtained his prospector's license by completing a course in prospecting offered through the New Brunswick Department of Natural Resources. Since his first investment, Dr. Findlay has been an ardent student of public market activity with a diverse range of focus from mining issues and to property and development. He is currently an independent director of Silver Spruce Resources Inc. (TSXV: SSE). Mr. Neal retired from Aliant Inc. in 2003 after 24 years of service and
has spent the last 10 years prior to retiring managing a number of technology companies. He was responsible for building a multitude of joint ventures as well as incubating several start- up technology companies. He was Senior Vice President Aliant Inc. and President Innovatia Inc. (2000-2003), Vice-President, Business Development - NBTel Inc. (1998-2000), President, NBTel Global Inc. (1997), President, NBTel Interactive Inc. (1996), President, ISM - Datacor (Atlantic) Inc. (1995) and President, NBTel Mobility Inc. (1991-1995) and held various management positions with NBTel Inc. (1979-1991).
Mr. Neal is currently a director of Prestige Telecom Inc. (TSXV: PR), Ignition Point Technologies Corp. (TSXV - IPN) , ResponseTek Networks Corp., Mobidia Inc., Voice Mobility Inc. and a member of the Advisory Board of BCE Capital. Previously Mr. Neal has been a member of the Advisory Boards, respectively, of Genesys and Exigen, and a director of BCE Capital and iMagic TV.
On behalf of the Board of Directors:
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release. Innovative Properties Inc. seeks safe harbour.

For further information: Head Office: Gordon Neal, Secretary, (902)463-2639, Fax: (902) 463-9897, info@innovativeproperties.com;
www.innovativeproperties.com

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