Edge Total Intelligence Appoints New Chief Financial Officer
June 12 2023 - 4:04PM
Edge Total Intelligence Inc. (“edgeTI”, “Company”, “We”, or “Our”)
(TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i) is pleased to announce the
appointment of Mr. Geremy Connor as edgeTI’s new Chief Financial
Officer. Mr. Connor replaces Jason James, who started as an interim
contract CFO in January 2021.
Geremy Connor brings more than 20 years senior
leadership experience in finance, accounting, business development
and strategic planning to edgeTI. Prior to joining, he held CEO,
CFO and Chief Investment Officer roles at investment, real estate,
health care and technology companies such as Attalus Capital, the
Philadelphia Group and SharpVue Capital which he cofounded. Mr.
Connor has an A.B. in Economics from Princeton University and an
M.B.A. from Harvard Business School.
"On behalf of the Board of Directors, I am very
pleased that we were able to attract Geremy to our Company and am
looking forward to having him join the management team as we look
to address the increasing demand for AI solutions,” states Jim
Barrett, edgeTI CEO and Chair.
In connection with the appointment of Mr. Connor
as Chief Financial Officer, the Company has agreed to grant to him
100,000 options (the "Options") exercisable into
100,000 subordinate voting shares of the Company (the
"Option Shares") for a period of five years at an
exercise price per share of C$1.40. The Options will vest in equal
tranches with 1/3 vesting on the date of grant and 1/3 vesting on
each of the following two anniversaries, all on the terms of the
Company's stock option plan dated February 1, 2019, as amended (the
"Plan"") and in accordance with the policies of
the TSX Venture Exchange. Following the grant of the Options, ●
subordinate voting shares remain available for reservation under
the Plan.
About edgeTI
edgeTI helps customers sustain situational
awareness and accelerate action with its real-time digital
operations software, edgeCore™ that unites multiple software
applications and data sources into one immersive experience. Global
enterprises, service providers, and governments are more profitable
when insight and action are united to deliver fluid journeys via
the platform's low-code development capability and composable
operations. With edgeCore, customers improve their margins and
agility by rapidly transforming siloed systems and data across
continuously evolving situations in business, technology, and
cross-domain operations — helping them achieve the impossible.
Website: https://edgeti.com LinkedIn:
www.linkedin.com/company/edgeti YouTube:
www.youtube.com/user/edgetechnologies Twitter:
www.twitter.com/edge_suite
For further Information contact:
Nick BrigmanPhone: 888-771-3343 Email:
ir@edgeti.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Information and
Statements
Certain statements in this news release are
forward-looking statements or information for the purposes of
applicable Canadian and US securities law. Forward-looking
statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations, or
intentions regarding the future. Such information can generally be
identified by the use of forwarding-looking wording such as "may",
"expect", "estimate", "anticipate", "intend", "believe" and
"continue" or the negative thereof or similar variations. The
reader is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from
those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the
control of the Company, including but not limited to, completion of
due diligence by the lender, business, economic and capital market
conditions.
Such statements and information are based on
numerous assumptions regarding present and future business
strategies and the environment in which the Company will operate in
the future, including the demand for its products, anticipated
costs, and the ability to achieve goals. Factors that could cause
the actual results to differ materially from those in
forward-looking statements include the continued availability of
capital and financing, the impact of viruses and diseases on the
Company's ability to operate, competition and general economic,
market or business conditions. Forward-looking statements contained
in this news release are expressly qualified by this cautionary
statement. The reader is cautioned not to place undue reliance on
any forward-looking information. The forward-looking statements
contained in this news release are made as of the date of this news
release. Except as required by law, the Company disclaims any
intention and assumes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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