SAN FRANCISCO, Aug. 5, 2020 /CNW/ - Customer experience
solutions company MCX Technologies Corporation (TSXV: MCX) (the
"Company") today announced that it has completed the previously
announced sale of all of the membership interests in its
wholly-owned subsidiary, McorpCX, LLC, to an entity
controlled by Michael Hinshaw, the
current President of McorpCX, LLC. As part of this transaction, the
Company has changed its corporate name from McorpCX, Inc. to MCX
Technologies Corporation.
"We believe that the sale of McorpCX, LLC better positions the
Company to focus on new opportunities for growth," said
Matthew Kruchko, President and CEO,
MCX Technologies Corporation.
About MCX Technologies Corporation
MCX Technologies Corporation is a customer experience solutions
company focused on pursuing value-enhancing growth opportunities
for its shareholders.
For more information, please contact:
General Information: 1-866-526-2655 toll free in the U.S., or
1-415-526-2655
Forward-Looking Statements
Certain statements contained in this press release may
constitute "forward-looking statements" within the meaning of
the United States securities laws
and applicable Canadian securities legislation. These statements
are, in effect, management's attempt to predict future events, and
thus are subject to various risks and uncertainties. Readers should
not place undue reliance on forward-looking statements, which
reflect management's views only as of the date hereof. All
statements, other than statements of historical fact, regarding our
financial position, business strategy and management's plans and
objectives for future operations are forward-looking
statements. When used in this press release, the words
"anticipate," "believe," "estimate," "expect," and "intend" and
words or phrases of similar meaning, as they relate to the Company
and its management are intended to help identify forward-looking
statements. Although we believe that management's expectations as
reflected in forward-looking statements are reasonable, we cannot
assure readers that those expectations will prove to be
correct. Forward-looking statements include, but are not
limited to, statements relating to the Company's plan to focus on
new opportunities for growth. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause the Company's actual results to be materially
different from any future results expressed or implied by these
statements. Such factors, risks, uncertainties and assumptions
include, but are not limited to the following: the Company's
ability to achieve anticipated benefits from the sale of McorpCX,
LLC; global economic fluctuations, including the economic effects
of the Coronavirus Pandemic; the Company's ability to successfully
achieve its strategic initiatives; competition in the Company's
markets; the negative cash flows and operating losses that may
recur in the future; the Company's ability to attract and retain
highly skilled professionals; and the Company's ability to maintain
costs at an acceptable level. In light of these and other
uncertainties, including the Company's risk factors contained in
the Company's filings with the United States Securities and
Exchange Commission, the forward-looking statements included in
this press release should not be regarded as a representation by
the Company that its plans and objectives will be achieved. These
forward-looking statements speak only as of the date of this press
release, and the Company undertakes no obligation to update or
revise the statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE McorpCX, Inc.