MONTREAL, Dec. 30,
2022 /CNW Telbec/ - Lightspeed Commerce
Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform
for merchants around the world to simplify, scale, and create
exceptional customer experiences, today announced that Merline Saintil is stepping down from its Board
of Directors, effective December 31,
2022.
Saintil served on Lightspeed's Board for over two years and
currently serves on the board of several technology companies,
including Rocket Lab, GitLab, TD SYNNEX, Symbotic, and Evolv
Technology.
"On behalf of our Board and management team, we thank Merline
for her commitment and significant contributions to Lightspeed,"
said Dax Dasilva, Founder and
Executive Chair of Lightspeed. "Since joining the Board, Merline,
with her deep technology and product expertise, has provided us
with perspectives that have helped Lightspeed achieve important
milestones and paved the way for future success."
"It has been an honor to work with Lightspeed's Board and
leadership team," said Saintil. "While I remain a strong believer
in the Company and its strategy, I must step away at this time to
give appropriate focus to my responsibilities serving on the boards
of a number of other public companies."
About Lightspeed
Powering the businesses that are the backbone of the global
economy, Lightspeed's one-stop commerce platform helps merchants
innovate to simplify, scale, and provide exceptional customer
experiences. Our cloud commerce solution transforms and unifies
online and physical operations, multichannel sales, expansion to
new locations, global payments, financial solutions, and connection
to supplier networks.
Founded in Montréal, Canada in
2005, Lightspeed is dual-listed on the New York Stock Exchange
(NYSE: LSPD) and Toronto Stock Exchange (TSX: LSPD). With teams
across North America, Europe, and Asia
Pacific, the company serves retail, hospitality, and golf
businesses in over 100 countries.
For more information, please visit: lightspeedhq.com
On social media: LinkedIn, Facebook, Instagram, YouTube, and
Twitter
Forward-Looking Statements
This news release may include forward-looking information and
forward-looking statements within the meaning of applicable
securities laws ("forward-looking statements"). Forward-looking
statements are statements that are predictive in nature, depend
upon or refer to future events or conditions and are identified by
words such as "will", "expects", "anticipates", "intends", "plans",
"believes", "estimates" or similar expressions concerning matters
that are not historical facts. Such statements are based on current
expectations of Lightspeed's management and inherently involve
numerous risks and uncertainties, known and unknown, including
economic factors. A number of risks, uncertainties and other
factors may cause actual results to differ materially from the
forward-looking statements contained in this news release,
including, among other factors, those risk factors identified in
our most recent Management's Discussion and Analysis of Financial
Condition and Results of Operations, under "Risk Factors" in our
most recent Annual Information Form, and in our other filings with
the Canadian securities regulatory authorities and the U.S.
Securities and Exchange Commission, all of which are available
under our profile on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov. Readers are cautioned to consider these and other
factors carefully when making decisions with respect to
Lightspeed's subordinate voting shares and not to place undue
reliance on forward-looking statements. Forward-looking statements
contained in this news release are not guarantees of future
performance and, while forward-looking statements are based on
certain assumptions that Lightspeed considers reasonable, actual
events and results could differ materially from those expressed or
implied by forward-looking statements made by Lightspeed. Except as
may be expressly required by applicable law, Lightspeed does not
undertake any obligation to update publicly or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
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SOURCE Lightspeed Commerce Inc.