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Boardwalktech Appoints Miles Ravitz of IBM to Advisory Board

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Boardwalktech Software Corp. (BWLKF) has appointed Miles Ravitz, an executive from IBM Consulting's Promontory Financial Group, to its corporate advisory board. Ravitz brings over 20 years of financial services experience, specializing in risk management, regulatory compliance, and digital transformation. This strategic appointment aims to strengthen Boardwalk's risk and compliance offerings while facilitating new license deals with financial institutions.

Ravitz's extensive career includes senior positions at Capgemini, Falcon Technology Systems, and MBF Clearing Corporation. As an advisor and liaison between Boardwalktech and potential customers, he will leverage his industry connections and expertise to support the company's expansion in the financial services sector and product development initiatives.

Boardwalktech Software Corp. (BWLKF) ha nominato Miles Ravitz, un dirigente di IBM Consulting's Promontory Financial Group, nel suo consiglio consultivo aziendale. Ravitz vanta oltre 20 anni di esperienza nei servizi finanziari, con specializzazione in gestione del rischio, conformità normativa e trasformazione digitale. Questa nomina strategica mira a rafforzare le offerte di Boardwalk in ambito rischio e conformità, facilitando al contempo nuovi accordi di licenza con istituzioni finanziarie.

La lunga carriera di Ravitz include posizioni di rilievo presso Capgemini, Falcon Technology Systems e MBF Clearing Corporation. In qualità di consulente e intermediario tra Boardwalktech e potenziali clienti, sfrutterà le sue connessioni nel settore e la sua esperienza per supportare l'espansione dell'azienda nel settore dei servizi finanziari e le iniziative di sviluppo prodotto.

Boardwalktech Software Corp. (BWLKF) ha designado a Miles Ravitz, un ejecutivo de IBM Consulting's Promontory Financial Group, para su consejo asesor corporativo. Ravitz aporta más de 20 años de experiencia en servicios financieros, especializándose en gestión de riesgos, cumplimiento normativo y transformación digital. Este nombramiento estratégico tiene como objetivo fortalecer las ofertas de riesgo y cumplimiento de Boardwalk, además de facilitar nuevos acuerdos de licencia con instituciones financieras.

La extensa carrera de Ravitz incluye cargos senior en Capgemini, Falcon Technology Systems y MBF Clearing Corporation. Como asesor y enlace entre Boardwalktech y potenciales clientes, aprovechará sus conexiones y experiencia en la industria para apoyar la expansión de la empresa en el sector de servicios financieros y las iniciativas de desarrollo de productos.

Boardwalktech Software Corp. (BWLKF)는 IBM Consulting의 Promontory Financial Group 출신 임원 Miles Ravitz를 기업 자문 위원회에 임명했습니다. Ravitz는 위험 관리, 규제 준수, 디지털 전환을 전문으로 하는 20년 이상의 금융 서비스 경험을 보유하고 있습니다. 이번 전략적 임명은 Boardwalk의 위험 및 준수 서비스 강화를 목표로 하며, 금융 기관과의 신규 라이선스 계약 체결을 촉진할 것입니다.

Ravitz는 Capgemini, Falcon Technology Systems, MBF Clearing Corporation에서 고위직을 역임한 경력이 있습니다. 자문 역할과 Boardwalktech와 잠재 고객 간의 연결 고리로서, 업계 인맥과 전문 지식을 활용해 금융 서비스 부문에서 회사의 확장 및 제품 개발 이니셔티브를 지원할 것입니다.

Boardwalktech Software Corp. (BWLKF) a nommé Miles Ravitz, un cadre du groupe Promontory Financial d'IBM Consulting, à son conseil consultatif d'entreprise. Ravitz possède plus de 20 ans d'expérience dans les services financiers, spécialisé en gestion des risques, conformité réglementaire et transformation numérique. Cette nomination stratégique vise à renforcer les offres de Boardwalk en matière de risque et de conformité tout en facilitant de nouveaux accords de licence avec des institutions financières.

La carrière étendue de Ravitz comprend des postes de direction chez Capgemini, Falcon Technology Systems et MBF Clearing Corporation. En tant que conseiller et intermédiaire entre Boardwalktech et ses clients potentiels, il mettra à profit ses connexions dans l'industrie et son expertise pour soutenir l'expansion de l'entreprise dans le secteur des services financiers et les initiatives de développement de produits.

Boardwalktech Software Corp. (BWLKF) hat Miles Ravitz, einen Führungskraft von IBM Consultings Promontory Financial Group, in seinen Unternehmensbeirat berufen. Ravitz bringt über 20 Jahre Erfahrung im Finanzdienstleistungssektor mit, spezialisiert auf Risikomanagement, regulatorische Compliance und digitale Transformation. Diese strategische Ernennung zielt darauf ab, Boardwalks Angebote im Bereich Risiko und Compliance zu stärken und gleichzeitig neue Lizenzvereinbarungen mit Finanzinstituten zu erleichtern.

Ravitz’ umfangreiche Karriere umfasst leitende Positionen bei Capgemini, Falcon Technology Systems und MBF Clearing Corporation. Als Berater und Bindeglied zwischen Boardwalktech und potenziellen Kunden wird er seine Branchenkontakte und Expertise nutzen, um die Expansion des Unternehmens im Finanzdienstleistungssektor sowie Produktentwicklungsinitiativen zu unterstützen.

Positive
  • Strategic appointment of IBM executive strengthens potential partnership opportunities
  • Addition of 20+ years financial services expertise to advisory board
  • Enhanced ability to secure new license deals with financial institutions
  • Potential expansion of market reach through Ravitz's industry connections
Negative
  • None.

CUPERTINO, Calif., May 14, 2025 /PRNewswire/ - (TSXV: BWLK) (OTCQB: BWLKF) Boardwalktech Software Corp. ("Boardwalktech" or the "Company"), the leading Intelligent Information Platform company, announces the appointment of Miles Ravitz to the Company's corporate advisory board. Mr. Ravitz is an executive with Promontory Financial Group, a business unit of IBM Consulting, and is expected to act as both an advisor and liaison between Boardwalktech and its customer prospects. This move is part of Boardwalk's broader strategy to secure partnerships with leading technology and professional services organizations, and to continue strengthening the risk and compliance benefits of Boardwalk offerings in order to close new license deals with financial institutions.   

Mr. Ravitz brings over 20 years of experience in the financial services sector, with a focus on risk management, regulatory compliance, quantitative finance, and digital transformation. In addition to his current role with IBM Promontory, Mr. Ravitz has held several other senior roles throughout his career, including Managing Consultant at Capgemini, Regional Director at Falcon Technology Systems, and Portfolio Manager at MBF Clearing Corporation. As Boardwalktech continues to expand its presence in the financial services sector, Mr. Ravitz's experience and industry connections will be instrumental in supporting the Company's growth and innovation.

"Miles brings invaluable expertise in risk management,  governance, and strategy to Boardwalktech," said Andrew Duncan, CEO of Boardwalktech. "His deep understanding of regulatory and compliance frameworks combined with his program management acumen and extensive financial services relationships will play a key role in advancing both our market position and product evolution. On behalf of Boardwalktech's management and Board of Directors, I welcome Miles to our Advisory Board."

"Coming from a background of advising financial services institutions, I know firsthand about the significant risks these organizations face and the complexity of evolving regulatory expectations," said Mr. Ravitz. "Without the proper controls provided by solutions like those from Boardwalktech, organizations are exposed to potential compliance failures and operational breakdowns. And to be clear, these are problems that extend well beyond the financial services sector, positioning Boardwalktech and its partners to address these risks across industries. I look forward to leveraging my expertise and relationships with Boardwalktech to contribute to its continued success."

About Boardwalktech Software Corp.

Boardwalktech has developed a patented Digital Ledger Technology Platform currently used by Fortune 500 companies running mission-critical applications worldwide. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms. Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America. For more information on Boardwalktech, visit our website at www.boardwalktech.com.

Legal Disclaimer

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 release.

Forward-Looking Statement

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in the Company's filing statement dated February 25, 2025. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

Contacts:

Charlie Glavin, CFA
Boardwalktech, Inc.
650-618-6163
charlie.glavin@boardwalktech.com

Sean Peasgood
Investor Relations
647.837.3357
sean@sophiccapital.com

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SOURCE Boardwalktech Software Corp.

FAQ

Who is Miles Ravitz and why did BWLKF appoint him to their advisory board?

Miles Ravitz is an IBM Consulting executive with over 20 years of financial services experience. BWLKF appointed him to strengthen their risk and compliance offerings and facilitate new license deals with financial institutions.

What experience does Miles Ravitz bring to Boardwalktech's advisory board?

Ravitz brings over 20 years of financial services experience, specializing in risk management, regulatory compliance, and digital transformation. He has held senior roles at IBM Promontory, Capgemini, Falcon Technology Systems, and MBF Clearing Corporation.

How will Miles Ravitz's appointment benefit BWLKF's business strategy?

Ravitz will act as an advisor and liaison between Boardwalktech and customer prospects, helping secure partnerships with technology and professional services organizations while strengthening the company's risk and compliance offerings.

What are Boardwalktech's (BWLKF) expansion plans in the financial services sector?

BWLKF aims to expand its presence in financial services by leveraging Ravitz's industry connections and expertise to secure new partnerships and license deals while enhancing their risk and compliance solutions.
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