OTTAWA, Nov. 27, 2015 /CNW/ - Magor Corporation
(TSX-V:MCC), a global leader in visual collaboration solutions,
today announces the resignation of Steven
Spooner as a Director of Magor Corporation, effective
immediately, due to increasing obligations in his current position
as CFO of Mitel Networks. Mr. Spooner has served as a Director of
Magor Corporation since May 2009.
Mike Pascoe, President and CEO of
Magor Corporation, on behalf of the Board of Directors would like
to thank Mr. Spooner for his years of service and many
contributions to Magor Corporation. "We appreciate Steve's
contribution to the Board and we have significantly benefited from
his knowledge and experience during his tenure with us, as he has
been a valued advisor to the board and management. We wish
Steve all the very best in his future endeavors".
About Magor Corporation:
Magor develops and markets
visual collaboration software addressing the needs of meeting
rooms, desktops and mobility devices, as part of a cloud service
offering called Aerus. Magor's Aerus service delivery
platform removes the limitations of traditional video conferencing
and collaboration tools to provide entirely new ways of interacting
with video with the goal of creating new ways to be productive. To
find out more about Magor Corporation (TSX-V: MCC), visit our
website at http://www.magorcorp.com.
This news release may contain "forward-looking information"
within the meaning of applicable Canadian securities
legislation. Statements made in this news release, other than
those concerning historical financial information, may be
forward-looking and therefore subject to various risks and
uncertainties. The words "may", "will", "could", "should",
"would", "suspect", "outlook", "believe", "plan", "anticipate",
"estimate", "expect", "intend", "forecast", "objective", "hope",
and "continue" (or the negative thereof), and words and expressions
of similar import are intended to identify forward-looking
statements. Certain material factors or assumptions are
implied in making forward-looking statements and actual results may
differ materially from those expressed or implied in such
statements. Factors that could cause results to vary include
those identified in the Corporation's filings with Canadian
securities regulatory authorities, as well as the applicability of
patents and proprietary technology; the outcome of pending
corporate transactions; possible patent ligation; regulatory
approval of products in development; changes in government
regulation or regulatory approval processes; government and third
party reimbursement; dependence on strategic partnerships;
intensifying competition; rapid technological change in the
industry; anticipated future losses; the ability to access capital;
and the ability to attract and retain key personnel. All
forward-looking information presented herein should be considered
in conjunction with such filings. Except as required by
Canadian securities laws, the Corporation does not undertake to
update any forward-looking statements; such statements speak only
as of the date made.
Neither 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 Magor Corporation
