President of Peak Logistics Gary Sooch Joins LiteLink Technologies as Strategic Logistics Advisor
November 15 2018 - 6:00AM
LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT) (FRANKFURT:C0B),
a technology leader utilizing artificial intelligence and
predictive analytics to move enterprises into a digital-forward
world, is pleased to announce Mr. Gary Sooch as its third Logistics
Strategic Advisor. Mr. Sooch will assist LiteLink in pilot customer
strategy growth, as well as developing the third party logistics
go-to-market plan within the 1SHIFT Logistics platform.
With over 12 years of experience in supply chain management
across all modes of transport, Mr. Sooch has developed his
knowledge base in logistics and distribution by managing projects
with complex logistical requirements. Early in his career, Mr.
Sooch had extensive involvement in coordinating shipments for one
of North America’s largest producers and global suppliers of steel
wire and wire related products. His experience accumulated over
this time naturally lead him to establish Peak Logistic Solutions,
which saw significant growth year over year since it began in
2010.
As a member of the Strategic Advisory Board, Mr. Sooch will
bring leadership, industry knowledge, and growth strategy to
1Shift. “The future of logistics, like many industries, will
involve cutting-edge technology. Logistics is still in its infancy
in regards to the impact technology can have on the industry, and
those that don’t adapt will be left behind. New technologies will
aid logistics in efficiency and transparency in the years ahead,
and I believe that LiteLink has the perfect team to disrupt the
logistics space. I’m excited to bring my experience to the realm of
technology and logistics at LiteLink Technologies,” said Mr.
Sooch.
The Company also announces that it has granted an aggregate of
3,565,000 options to certain employees, consultants, and officers
of the Company. Each option entitles the holder to purchase one
common share at a price of $0.35 per share, has a term of five
years, vests in twelve equal installments every three months
commencing on the date of grant and is subject to the terms and
conditions of the Company's stock option plan.
About LiteLink Technologies Inc.LiteLink
Technologies provides enterprise level solutions utilizing
artificial intelligence and predictive analytics to solve the
logistics industry’s fragmented and outdated technology problem.
LiteLink Technologies is creating a unified communications platform
for tracking shipments, disputes, and errors to increase efficiency
and reduce costs for 3PLs, carriers, and shippers. Find out more
about the Company at litelinktech.com and the 1Shift Product at
1shiftlogistics.com.
About Peak Logistic Solutions Ltd.Since 2010,
Peak Logistic Solutions has been operating as a premier third-party
logistics provider working with companies across various industries
to manage their logistics requirements. Peak handles a wide array
of shipments from LTL, FTL and Specialized project freight. The
company prides itself on giving a personalized customer service
experience and providing in-depth logistics expertise, so customers
can successfully attain their business objectives. Find out more
about the company at www.plsfreight.com.
For further information, contact Bronson Peever at 604.351.2085
or investor@litelinktech.com
Forward-looking Statement
This news release may contain certain “Forward-Looking
Statements” within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and applicable Canadian
securities laws. When used in this news release, the words
“anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”,
“forecast”, “may”, “schedule” and other similar words or
expressions identify forward-looking statements or
information. These forward-looking statements or information
may relate to the nature of the business of LiteLink, and other
factors or information. Such statements represent LiteLink’s
current views with respect to future events and are necessarily
based upon a number of assumptions and estimate that, while
considered reasonable by LiteLink, are inherently subject to
significant business, economic, competitive, political and social
risks, contingencies and uncertainties. Many factors, both known
and unknown, could cause results, performance or achievements to be
materially different from the results, performance or achievements
that are or may be expressed or implied by such forward-looking
statements. LiteLink does not intend and does not assume any
obligation, to update these forward-looking statements or
information to reflect changes in assumptions or changes in
circumstances or any other events affections such statements and
information other than as required by applicable laws, rules and
regulations.
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