Telehop Announces CFO Appointment and Grant of Options
December 30 2011 - 8:09PM
PR Newswire (Canada)
TORONTO, Jan. 3, 2012 /CNW/ - Telehop Communications Inc.
("Telehop" or the "Company"), is pleased to announce the
appointment of Jenifer Cua to the position of Vice President &
Chief Financial Officer of the Company effective January 1, 2012.
Ms. Cua replaces David Smith, CMA, as C.F.O. Mr. Smith will remain
with Telehop during the transition period. Ms. Cua has over 15
years of senior-level financial leadership experience and has held
CFO and VP-Finance positions with both private and publicly-listed
companies in a variety of industries. She is a Certified Public
Accountant (Colorado) and a Certified General Accountant as well as
holding a Master of Business Administration from Pace University,
Lubin School of Business in New York. "We are most pleased with
Jenifer joining Telehop. She came highly recommended, has
considerable publicly listed company experience and will strengthen
our executive team as Telehop concentrates its efforts on new
services, company growth and increased shareholder value."
commented Mr. Rajiv Jagota, President & Chief Executive
Officer. Telehop also announces effective January 1, 2012 that the
Board of Directors has granted Mr. Jagota and Ms. Cua incentive
options to acquire up to 500,000 and 100,000 common shares of the
Company respectively for a period of five years, where each stock
option represents the right to purchase one (1) common share of the
Company, to be exercisable at a price equal to the closing price on
the first trading day of January 2012. About Telehop Telehop
Communications Inc. , was founded and headquartered in Toronto,
Ontario, in 1993, and has grown into one of the largest alternative
telecommunications providers to both residential and business
customers. Telehop originally began offering residential and
business two-way monthly 'flat rate' calling services in the
Greater Toronto area between communities where a call would
otherwise be a long distance call. In 1994, Telehop became one of
Canada's few Equal Access Long Distance Providers, allowing it to
offer its customers full service long distance calling globally at
significantly lower rates. The Canadian Radio-television and
Telecommunications Commission ("CRTC") has licensed Telehop as a
Class "A" telecommunications carrier. Telehop's dedication and
priority is providing residential and businesses with exceptional
phone services at competitive rates without sacrificing quality
service. Neither 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 news release. Telehop Communications Inc. CONTACT:
Company Contact:Mr. Rajiv JagotaPresident and CEO(416) 494
4490rjagota@telehop.com
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