CALGARY, AB, Dec. 2, 2021 /CNW/ - Katipult Technology Corp.
(TSXV: FUND) ("Katipult" or the "Corporation"), a leading Fintech
provider of software for powering the exchange of capital in equity
and debt markets, announced today that George Reznik is joining its board of directors
and also assuming the position of Chair, Audit Committee.
"George's vision and deep expertise in finance makes him the
perfect addition to our board as Katipult becomes the defining
software platform for private capital markets," said Katipult CEO
Gord Breese. "As a finance practitioner in both the boardroom and
the real world, George will be a guiding force to help us scale our
growth mission to make capital markets work better for
everybody."
Reznik is CFO of Tantalus Systems with more than twenty five
years of experience in executive finance and operations roles with
high growth tech companies. He has extensive expertise in
international corporate finance, strategic business planning,
mergers and acquisitions, business restructuring and growth
management, investor relations, and operational management. Prior
to joining Tantalus, Reznik was CFO and Corporate Secretary
of Intrinsyc Technologies until its acquisition by Lantronix, CFO
of DDS Wireless, CFO and COO of Infowave Software, and the Vice
President of Finance at Pivotal Corporation where he played a
leadership role through its IPO on Nasdaq and its subsequent rapid
business growth.
Reznik previously was the Corporate Finance Valuation Practice
Leader of Deloitte based in Canada
and the UK. Mr. Reznik is a Chartered Professional Accountant –
Chartered Accountant (CPA, CA), a Chartered Business Valuator
(CBV), a Certified Fraud Examiner (CFE) and holds a Bachelor of
Commerce (Honors) degree from the University
of Manitoba. He is the Chair of the BC Hi Tech CFO Council
and was the recipient of the BC Public Company CFO of the Year
award.
"Without a doubt, the capital markets are ripe for digital
transformation, and Katipult is at the forefront of enabling
dramatically improved private capital deal flow," said George Reznik. "I know Katipult is truly an
innovator in the financial markets and I'm thrilled to join their
team."
Mr. Reznik's appointment is subject to the approval of the TSX
Venture Exchange.
About Katipult
Katipult (www.katipult.com) is a
provider of industry leading and award-winning software
infrastructure for powering the exchange of capital in equity and
debt markets. Our cloud-based platform and solutions digitize
investment workflow by eliminating transaction redundancy,
strengthening compliance, delighting investors, and accelerating
deal flow. Katipult provides unparalleled adaptability for
regulatory compliance, asset structure, business model, and
localization requirements.
Cautionary Note Regarding Forward Looking Statements: Certain
disclosure in this release, including statements regarding
potential revenue growth constitute forward-looking
statements. In making the forward-looking statements in this
release, the Company has applied certain factors and assumptions
that are based on the Company's current beliefs as well as
assumptions made by and information currently available to the
Company, including that the Company will be able to successfully
establish a market demand for the product, and increase revenue.
Although the Company considers these assumptions to be reasonable
based on information currently available to it, they may prove to
be incorrect, and the forward-looking statements in this release
are subject to numerous risks, uncertainties and other factors that
may cause future results to differ materially from those expressed
or implied in such forward-looking statements. Such risk factors
may include, among others, the Company will not be able to,
establish a market demand, or successfully grow revenues. Readers
are cautioned not to place undue reliance on forward-looking
statements. The Company does not intend, and expressly disclaims
any intention or obligation to, update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.
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 or
accuracy of this release.
SOURCE Katipult Technology Corp.
