Technology Veteran brings Years of Marketing
and Technology Experience to the Board.
VANCOUVER, BC, Nov. 2, 2022
/CNW/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX:
WPNDF) ("Wishpond" or the "Company"), a provider of
marketing-focused online business solutions, is pleased to announce
that Lloyed Lobo has joined its
board of directors ("Board") as an independent director and
member of the Audit Committee effective November 1, 2022.
Mr. Lobo is a seasoned leader with over 15 years of experience
building technology products and companies from conception to
scale. He is the co-founder of Boast.AI, a fintech platform that
helps companies fund their R&D and innovation projects. In
addition, Mr. Lobo also runs Traction, a non-profit community of
more than one hundred thousand subscribers, where leaders from the
fastest growing companies share learnings on building, growing, and
scaling companies through podcasts, meetups and conferences.
Previously Mr. Lobo led sales, marketing and product for several
start-ups and was a venture partner at a Silicon Valley based
venture capital fund.
Mr. Lobo has been covered in a number of mainstream media
publications including Forbes, TechCrunch, Fox Business, Bloomberg,
SF Biz Journals, Globe and Mail, and VentureBeat. He holds a
Bachelor of Engineering degree in software engineering from
Lakehead University, Ontario, Canada.
Mr. Lobo replaces Arinder Mahal,
who has resigned from the Board effective November 1, 2022 in order to give him more time
to devote to his other projects.
"Wishpond is pleased to welcome Lloyed
Lobo to our Board of Directors," said Ali Tajskandar,
Chairman and CEO of Wishpond. "As Wishpond continues to grow and
mature as a public company, an experienced leader of Lloyed's
calibre will greatly assist us in moving down this path. His deep
experience in sales, marketing and scaling a business will be a
valuable asset as we enter Wishpond's next stage of growth. I also
want to thank Arinder Mahal, who has
served on our Board since we became a public company and has been
instrumental in our public listing process and in executing our
business plan."
Mr. Lobo commented, "I am pleased to join the Wishpond Board at
a time where the organization is rapidly growing and scaling as a
public company. I have known Ali Tajskandar for more than ten years
and have immense respect for him as an entrepreneur and leader.
Wishpond is at the forefront of innovation in the martech space,
and I could not be more excited to have the opportunity to be a
part of a talented team that is poised to achieve great heights. I
look forward to working with the Wishpond team as we continue to
grow the success of the business."
About Wishpond Technologies
Ltd.
Based out of Vancouver, British
Columbia, Wishpond is a provider of marketing-focused online
business solutions. Wishpond's vision is to become the leading
provider of digital marketing solutions that empower entrepreneurs
to achieve success online. The Company offers an "all-in-one"
marketing suite that provides companies with marketing, promotion,
lead generation, and sales conversion capabilities on one
integrated platform. Wishpond replaces disparate marketing
solutions with an easy-to-use product, for a fraction of the cost.
Wishpond serves over 3,700 customers who are primarily small and
medium-sized businesses (SMBs) in a wide variety of industries. The
Company has developed cutting-edge marketing technology solutions
and continues to add new features and applications with great
velocity. The Company employs a Software-as-a-Service (SaaS)
business model where substantially all the Company's revenue is
subscription-based recurring revenue which provides excellent
revenue predictability and cash flow visibility. Wishpond is listed
on the TSX Venture Exchange under the ticker "WISH", and on
the OTCQX Best Market under the ticker "WPNDF". For further
information, visit: www.wishpond.com.
On Behalf of the Board of Directors
"Ali
Tajskandar"
Chairman, CEO and Director
Neither the 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.
Cautionary & Forward-Looking
Statements
This press release may include certain statements and
information that may constitute forward-looking information within
the meaning of applicable Canadian securities laws. All statements
in this news release, other than statements of historical facts,
including statements regarding future estimates, plans, objectives,
timing, assumptions or expectations of future performance are
forward-looking statements and contain forward-looking
information.
Generally, forward-looking statements and information can be
identified by the use of forward-looking terminology such as
"intends" or "anticipates", or variations of such words and phrases
or statements that certain actions, events or results "may",
"could", "should", "would" or "occur". Forward-looking statements
are based on certain material assumptions and analysis made by the
Company and the opinions and estimates of management as of the date
of this press release. These forward-looking statements are subject
to known and unknown risks, uncertainties and other factors that
may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements or
forward-looking information. Although management of the Company has
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements or forward-looking information, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. Readers
are cautioned that reliance on such information may not be
appropriate for other purposes. The Company does not undertake to
update any forward-looking statement, forward-looking information
or financial out-look that are incorporated by reference herein,
except in accordance with applicable securities laws.
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SOURCE Wishpond Technologies Ltd.