Alphinat Announces the Appointment of Mr. Marcel Cote & Mr. Ed Shepherdson to its Board of Directors & the Grant of Options t...
06 March 2014 - 9:00AM
Marketwired
Alphinat Announces the Appointment of Mr. Marcel Cote and Mr. Ed
Shepherdson to its Board of Directors and the Grant of Options to
Directors
MONTREAL, QUEBEC--(Marketwired - Mar 5, 2014) - Alphinat Inc.
(TSX-VENTURE:NPA) announces the appointment of Mr Marcel Côté and
Mr Ed Shepherdson to its Board of Directors and the grant of
options to Directors.
Mr. Côté is a strategic advisor at KPMG Canada. For 35 years,
Marcel has led the Secor Group, one of Canada's largest management
consulting firm, until it merged with KPMG Canada in 2012. Marcel
has a B.Sc. (Physics) from the University of Ottawa and a M.Sc
(Economics) from Carnegie Mellon University, and is a Fellow of the
Weatherhead Center for International Affairs at Harvard University.
A professor at University of Sherbrooke and Université du Québec à
Montréal before founding Secor in 1975, Marcel Côté is known for
his strategic insights in complex business situations as a result
of the 35 years of experience in consulting, which gave him a wide
exposure to a variety of issues and several industries. Marcel is
currently a director of Osisko Inc., and has been a director of
several other companies during in career, including Intact, Sobeys,
Engenuity Technologies and the Caisse de dépôts et placement du
Québec. He also sits on several Boards of private technology
companies in which he is an investor. Marcel has also served as a
senior aide in both the Prime Minister's Office in Ottawa and the
Premier's Office in Québec City. Active in community affairs, Mr.
Côté serves on the Board of the Montreal Symphony Orchestra, the
McCord Museum, the National Art Center and Compagnie de danse Marie
Chouinard, which he chairs.
Mr. Ed Shepherdson serves as Senior Vice President of Coveo
Solutions Inc. Ed brings 30 years of experience in the technology
industry. Prior to joining Coveo, he spent 18 years at Cognos, now
an IBM company, where he most recently served as Vice President of
Global Customer Support. While at Cognos, Ed also held a variety of
senior positions in the company's Research and Development and
Applications Development teams.
Also, Alphinat Inc. announces that on February 26, 2014, the
company's Board of Directors granted stock options representing a
total of 300,000 common shares to Directors of the Company. The
exercise price on the options, which expire on February 26, 2019,
is $0.12.
About Alphinat
Software for the Smart Enterprise™ providing agility to leverage
existing IT assets and lower costs for a one-stop delivery tool of
Web and mobile enterprise applications from any back-end
system.
Alphinat has been appointed by technology company peers to
associate member at the Smart Cities Council
(www.smartcitiescouncil.com).
Alphinat technology could also be used in the healthcare,
banking, insurance, telecommunications and other sectors, in
modernising, automating and rendering cost-effective a number of
business processes at a fraction of the cost associated with
conventional customized solutions. For more details about Alphinat
or its software suite, please visit www.alphinat.com.
Forward-looking statements
Certain statements in this document, including those which
express management's expectations or estimations with regard to the
Company's future performance, constitute "forward-looking
statements" as understood by applicable securities laws.
Forward-looking statements are, of necessity, based on a certain
number of estimates and hypotheses; while management considers
these to be accurate at the time they are expressed, they are
inherently subject to significant uncertainties and risks on the
commercial, economic and competitive levels. We advise readers that
these forward-looking statements are subject to risks,
uncertainties, and other known and unknown factors that may cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements expressed or implied in these forward-looking
statements. A number of factors could cause significant differences
between actual results and those described in forward-looking
statements. These include, but are not limited to, the Company's
ability to find subscribers in connection with the proposed
debenture financing. This is only one of the factors that could
bear on any of our forward-looking statements. Investors are
advised to not rely unduly on the forward-looking statements. This
advisory applies to all forward-looking statements, whether
expressed orally or in writing, attributed to Alphinat or to any
individual expressing them in the name of the Company. Unless
required by law, the Company is under no obligation to publicly
update these forward-looking statements, whether to reflect new
information, future events, or other circumstances. Risks and
uncertainties that bear on the Company are described in greater
detail in the Company's Annual Report.
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.
Mr. Philippe LecoqChief Executive OfficerAlphinat Inc.(514)
398-9799 ext 222
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