TECHNOLOGY EXECUTIVE DRUE FREEMAN JOINS BOARDWALKTECH';S BOARD OF DIRECTORS
Rhea-AI Summary
Boardwalktech Software Corp. (TSXV: BWLK) (OTCQB: BWLKF) has announced the addition of Drue Freeman to its Board of Directors. Freeman, a seasoned technology executive with over 30 years of experience in the semiconductor industry, joins as an independent board member. He will chair the compensation/compliance committee and join the finance committee.
Freeman's expertise includes providing strategic and advisory services to companies, with recent successes involving acquisitions by Harman and Tesla. His appointment is expected to bring valuable insights to Boardwalktech as it continues to grow. The company, known for its patented Digital Ledger Technology Platform, serves Fortune 500 companies with mission-critical applications worldwide.
Positive
- Addition of experienced technology executive Drue Freeman to the Board of Directors
- Freeman's expertise in strategic advisory and successful involvement in recent acquisitions
- Strengthening of board committees with Freeman chairing compensation/compliance and joining finance
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BWLKF gained 4.36%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Mr. Freeman has had a very successful career within the semiconductor industry, having held several leadership positions around the world over the past 30 years. Currently, he provides strategic and advisory services to companies with recent success stories that include Savari (acquired by Harman) and DeepScale.ai (acquired by Tesla). Mr. Freeman joins the Boardwalktech Board of Directors as an independent board member and will chair the compensation/compliance committee as well as join the finance committee. Drue Freeman holds a B.S. in Electrical Engineering from San Diego State University and an MBA from The Pepperdine Graziadio Business School.
"We are very pleased to welcome Mr. Freeman to the Boardwalktech Board of Directors. Drue has a wealth of experience and knowledge both as a board member and as an operational executive and we look forward to his expertise and guidance as we continue to grow Boardwalktech," said Andrew T. Duncan, CEO of Boardwalktech.
"I am honored to join the Boardwalktech board of directors, and I look forward to being part of the company as they advance their mission of information and knowledge management for the enterprise," said Mr. Freeman. "I have seen firsthand the need to improve data and information management in large companies which is now more important than ever as information is the new currency in a world-wide economy."
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
Forward-Looking Information and Statements
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
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 May 30, 2018. 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.
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SOURCE Boardwalktech Software Corp.
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