Carrier Connect Data Solutions Strengthens Leadership Team with Strategic Corporate Development Appointment

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Carrier Connect Data Solutions (TSXV: CCDS, OTCQB: CCDSF) appointed Aleem Nathwani to lead its corporate development efforts, effective immediately. According to the company, he brings over 20 years of experience in data center, cloud and technology sectors, including roles at TELUS Communications and Nutanix.

Carrier granted Mr. Nathwani 100,000 stock options, exercisable at $1.36 per share until August 21, 2036. The options vest in four equal tranches of 25,000 at 6, 12, 18 and 24 months from the grant date, subject to applicable hold periods.

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Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - Carrier Connect Data Solutions Inc. (TSXV: CCDS) (OTCQB: CCDSF) (WKN: A40XB1) (the "Company" or "Carrier"), a data center company on a mission to roll up Tier II/III data centers internationally that specialize in delivering co-location is pleased to announce the appointment of Mr. Aleem Nathwani to lead the Company's Corporate Development efforts, effective immediately.

Mr. Nathwani brings more than 20 years of private and public market experience, with a significant focus on the data center, cloud and technology sectors. Throughout his career, he has been involved with early-stage and growth-stage companies and has held a number of senior positions where he has played pivotal roles in business development, corporate development, commercialization and strategic partnerships.

At TELUS Communications (TSX: T), Mr. Nathwani was involved in the early development and commercialization of the company's data center portfolio, helping drive business development initiatives that contributed to the portfolio scaling to multi-million-dollar revenues.

Mr. Nathwani was also one of the earliest employees at Nutanix (NASDAQ: NTNX), a leader in cloud infrastructure, prior to its initial public offering. During his more than seven years with the data center technology company, he played key roles across business development, sales and channel partnerships during a period of significant growth. During his tenure, Nutanix raised in excess of $300 million in private capital and achieved a valuation in excess of $1 billion prior to becoming a publicly traded company.

Mr. Nathwani commented, "Carrier is at an exciting inflection point, with a significant pipeline of customer demand and a clear opportunity to expand its data center capacity to meet that demand. The Company has built a strong operational platform and an experienced team positioned to scale. I look forward to supporting Carrier's capital markets strategy, expanding key industry relationships and identifying strategic opportunities to accelerate growth and create long-term shareholder value."

Mark Binns, Chief Executive Officer of Carrier, commented, "The addition of Mr. Nathwani comes at an important time as we continue to scale the business and pursue our growth strategy. Aleem brings extensive experience across the public and private capital markets, along with a strong network of institutional investors, strategic partners and industry relationships. His experience in corporate development, capital formation and technology infrastructure will be highly valuable as we evaluate new opportunities, strengthen our access to capital and position Carrier for its next stage of growth. We are very pleased to welcome Aleem to the team."

The Company also announces that it has granted 100,000 incentive stock options (the "Options") to Mr. Nathwani in accordance with its stock option plan. Such Options are exercisable at a price of $1.36 until August 21, 2036 of which 25,000 vest at six months following the date of grant, 25,000 vest at twelve months following the date of grant, 25,000 vest at eighteen months following the date of grant, and 25,000 vest at twenty four months following the date of grant, all subject to applicable hold periods.

About Carrier Connect Data Solutions Inc.

Carrier Connect Data Solutions' mission is to roll up Tier II/III data centers internationally that specialize in delivering co-location and data center solutions to AI companies, service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral organization, Carrier's systems are fully independent and owned outright within its leased space. The current principal markets for the Company are Vancouver, Ottawa and Saint John, Canada, Rochester NY and Perth, Australia, where it serves clients who use its facilities either as their primary data center or as an ancillary site depending on their needs.

ON BEHALF OF THE BOARD OF DIRECTORS

"Mark Binns"

Mark Binns, CEO

For further information, please contact:

Attention: Email:  Phone:

Mark Binns, CEO  mark@carrierconnectds.com  778-945-1074

 

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 of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "estimates", "intends", "anticipates", or "believes" or the negative connotation thereof. Such forward-looking information is based on numerous assumptions, including among others, that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information also involves known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310882

FAQ

Who was appointed to lead corporate development at Carrier Connect Data Solutions (CCDSF) in August 2026?

Carrier appointed Aleem Nathwani to lead its corporate development efforts, effective immediately. According to the company, he has more than 20 years’ experience in data center, cloud and technology sectors, including senior roles at TELUS Communications and early-stage experience at Nutanix.

What is the background of Aleem Nathwani, the new corporate development leader at Carrier Connect Data Solutions (CCDSF)?

Aleem Nathwani has over 20 years of private and public market experience. According to Carrier, he worked on TELUS’s data center portfolio and was an early Nutanix employee, contributing to business development, sales and partnerships during Nutanix’s high-growth and pre-IPO phase.

What stock options did Carrier Connect Data Solutions (CCDSF) grant to Aleem Nathwani?

Carrier granted Mr. Nathwani 100,000 incentive stock options exercisable at $1.36 per share until August 21, 2036. According to the company, the options vest in four equal tranches of 25,000 at 6, 12, 18 and 24 months from the grant date.

How do the stock options for Aleem Nathwani vest at Carrier Connect Data Solutions (CCDSF)?

The 100,000 stock options vest in four equal tranches of 25,000. According to Carrier, vesting occurs at six, twelve, eighteen and twenty-four months following the grant date, with all options exercisable at $1.36 until August 21, 2036, subject to applicable hold periods.

What growth plans did Carrier Connect Data Solutions (CCDSF) highlight with Aleem Nathwani’s appointment?

Carrier highlighted a significant pipeline of customer demand and plans to expand data center capacity. According to the company, Mr. Nathwani will support capital markets strategy, strengthen key industry relationships and identify strategic opportunities to accelerate growth and create long-term shareholder value.

What markets does Carrier Connect Data Solutions (CCDSF) currently serve with its data centers?

Carrier currently focuses on Tier II/III data centers in Vancouver, Ottawa, Saint John (Canada), Rochester (NY) and Perth (Australia). According to the company, it provides co-location and data center solutions to AI companies, service providers, enterprises and small businesses in these markets.