OTTAWA, April 7, 2020 /CNW/ - Intouch Insight
Ltd., ("Intouch") (TSXV: INX) (OTCQB: INXSF). Michael Gaffney, Chairman of Intouch
Insight Ltd. reports that the Company's board of directors has
approved the grant of options to purchase up to 240,000 common
shares at an exercise price of $0.305 per share to
directors and officers of the Company. The options were
granted April 7, 2020 and are valid until April 6,
2025.
This grant is to replace options which will be expiring
May 28 which the directors and
officers have agreed to not exercise. The new options are being
issued at a higher exercise price than the expiring options which
were granted in 2015 with an exercise price of $0.24. In addition, the directors have
waived their Q2 fees and the CEO has taken a temporary pay cut
effective March 15, 2020.
"We felt strongly that the board of directors lead by example as
the entire company continues its efforts to ensure its financial
strength when the current global pandemic subsides" said
Michael Gaffney, Chairman, Intouch
Insight.
About Intouch Insight
Intouch Insight offers a
complete portfolio of customer experience management (CEM) products
and services that help global brands delight their customers,
strengthen brand reputation and improve financial performance.
Through its flagship SaaS product, LiaCXTM, Intouch
helps clients collect and centralize data from multiple customer
touch points, gives them actionable, real-time insights, and
provides them with the tools to continuously improve customer
experience. Founded in 1992, Intouch is trusted by over 300 of
North America's most-loved brands
for their customer experience management, customer survey, mystery
shopping, mobile forms, operational and compliance audits, and
event marketing automation solutions. For more information, visit
intouchinsight.com.
Certain statements included in this news release contain
forward looking statements, which by their nature are necessarily
subject to risks and uncertainties and other factors that may cause
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Such statements reflect the Company's current
views with respect to future events, and are based on information
currently available to the Company and on hypotheses which it
considers to be reasonable; however, management warns the reader
that hypotheses relative to future events which are beyond the
control of management could prove to be false, given that they are
subject to certain risks and uncertainties.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Intouch Insight Ltd.