TORONTO, Sept. 25,
2024 /CNW/ - NamSys Inc. (TSXV: CTZ), a leading
provider of technology for cash processing and transportation,
today announced that the board has received the resignation of
Joe Prodan from the Board of
Directors effective September 30th,
2024.
"We wish to thank Mr. Prodan for his hard work over the last 8
years," stated Christie Gray, COO of
NamSys.
NamSys also announced that Michael
Robb has joined the Company's Board of Directors and will be
serving on the Audit Committee.
Mr. Robb is a Chartered Public Accountant, a Certified
Management Accountant, and the President and Chief Executive
Officer of AirIQ (IQ – TSX-V) a pioneer in IoT based asset
management solutions.
Mr. Robb has held various senior positions in publicly traded
technology companies during his career. Most notably, he previously
served as Chief Financial Officer for Northcore Technologies Inc.
(NEX:NTI.H; OTCBB: NTLNF) and Viking Gold Exploration Inc.
(TSX-V:VGC). Mr. Robb also served as the Chief Financial Officer
for Futura Awards Inc.
"We are pleased to have someone with Mike's experience and
skillset join the NamSys Board," said Jason
Siemens, fellow Board member and CEO of NamSys. "Mike is a
proven operator who has helped grow a number of companies both
organically and through acquisitions over the years. We believe he
will bring considerable knowledge and strategic advice to the
company."
"I am excited to join NamSys' Board of Directors," said
Michael Robb. "I believe that
NamSys' technology and compelling product offering can provide
significant value for customers. I look forward to working with
their talented team to drive growth and create value for
shareholders."
NamSys Inc. products are designed to bring efficiency to the
processing of currency and other value instruments in retailers,
financial institutions, and cash-in-transit providers. NamSys'
proprietary systems for this market are sold as
software-as-a-service subscriptions and operate in the public cloud
service providers.
The TSX Venture Exchange has neither approved nor disapproved of
the information contained in this release. This Media Release may
contain forward-looking statements, which reflect the Corporation's
current expectations regarding future events. The forward-looking
statements involve risks and uncertainties. Actual events could
differ from those projected herein and depend on a number of
factors including the success of the Corporation's sales
strategies.
SOURCE NamSys Inc.
