Wi2Wi Announces Changes to Board of Directors
08 February 2014 - 11:00AM
Business Wire
Wi2Wi Corporation ("Wi2Wi" or the "Company")(TSX-V:YTY) wishes
to announce that David Oksenberg and David Tahmassebi have stepped
down from the Wi2Wi Board of Directors.
“Mr. Oksenberg and Mr. Tahmassebi have held pivotal roles in
shaping Wi2Wi’s vision, and we greatly appreciate the unique
perspectives and undeterred dedication both committed during their
time,” said Chairman Hans P. Black. “We would like to thank both
Mr. Oksenberg and Mr. Tahmassebi for their invaluable contributions
to the Wi2Wi Board and wish them continued success in their future
endeavours.”
About Wi2Wi
Wi2Wi is a leader in industrial-class WiFi, WiFi-Bluetooth and
GPS system-in-a-package (SiPs). Wi2Wi focuses on industrial
(including Automotive), medical, infrastructure (including
smart-home/smart building) and government markets worldwide.
Wi2Wi's products and value-added services provide highly
integrated, multifunctional wireless sub systems as complete
wireless connectivity solutions for the Machine-to-Machine (M2M)
and portable device applications globally. The Wi2Wi product range
is designed for long life and under a wide range of temperature
variables.
For further information, please contact:
Dr. Reza Ahy Chief Executive Officer T: 1-408-416-4200
F: 1-408-416-4201www.wi2wi.com
DISCLAIMERS: Forward-Looking Statements: This news
release contains certain forward-looking statements, including
statements relating to the closing of the proposed Offering and use
of proceeds thereof, that involve substantial known and unknown
risks and uncertainties, certain of which are beyond the Company's
control. Such risks and uncertainties include, without limitation,
risks associated with delays resulting from or inability to obtain
required regulatory approvals, ability to access sufficient
capital, the impact of general economic conditions in Canada, the
United States and overseas, industry conditions and stock market
volatility. The Company's actual results, performance or
achievements could differ materially from those expressed in, or
implied by, these forward-looking statements and, accordingly, no
assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of
them do so, what benefits, including the amount of proceeds, that
the Company will derive therefrom. Readers are cautioned that the
foregoing list of factors is not exhaustive. Additional information
on these and other factors that could affect the Company’s
operations and financial results are included in reports on file
with Canadian securities regulatory authorities and may be accessed
through the SEDAR website (www.sedar.com).
Forward-looking statements are made based on management’s
beliefs, estimates and opinions on the date the statements are made
and the Company undertakes no obligation to update forward-looking
statements and if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable law.
All subsequent forward-looking statements, whether written or oral,
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these cautionary
statements. Furthermore, the forward-looking statements contained
in this news release are made as at the date of this news release
and the Company does not undertake any obligation to update
publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required by applicable securities
laws.
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.
Wi2WiDr. Reza Ahy, 1-408-416-4200Chief Executive OfficerF:
1-408-416-4201www.wi2wi.com
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