Wi2Wi Corporation Elects Prakash Hariharan to Board of Directors
30 Mayo 2013 - 7:15AM
Business Wire
Wi2Wi Corporation ("Wi2Wi" or the "Company") (TSX-V: YTY) today
announced the election of Prakash Hariharan to its Board of
Directors.
“We are excited to have Mr. Hariharan join our Board. His
capital markets experience and engineering background align well
with our business growth strategy, as the Company looks to leverage
its core competencies in order to increase the scope and reach of
its leadership position in wireless solutions for embedded
applications. Mr. Hariharan’s extensive experience and
understanding of capital markets, particularly for those related to
wireless integration technologies will help Wi2Wi pursue and
execute on future strategic opportunities, to enhance shareholder
value,” stated Wi2Wi Chairman Dr. Hans Black.
Prakash Hariharan was formerly a portfolio manager at Front
Street Capital focusing on Growth and Income Strategies in the
yield space with a focus on technology and agriculture investments.
Mr Hariharan also spent time at Dominion Bond Rating Services,
analyzing and rating structured investment products. He holds a
financial engineering degree from York University, an MBA from the
Schulich School of Business, and an undergraduate degree in
chemical engineering.
For further information, please contact:
Reza Ahy Chief Executive Officer T: 1-408-416-4200 F:
1-408-416-4201
www.wi2wi.com
About Wi2Wi Inc.
Wi2Wi is a leader in Wireless System-in-Package (SIP) Solutions
for Machine-to-Machine (M2M) and portable device embedded
applications worldwide, including WiFi, Bluetooth, and GPS.
Wi2Wi focuses on Industrial, Medical, Government, &
Infrastructure markets worldwide. Headquartered in San Jose,
California, Wi2Wi provides leading-edge wireless solutions for
embedded applications with substantial savings on time-to-market,
cost, and system-integration. Wi2Wi solutions also leverage its
patent-pending wireless integration technology along with tier-1
global partnerships with industry leading silicon and supply chain
companies, serving a large number of Fortune-500 customers.
Forward-Looking Statements: This news release contains certain
forward-looking statements, including management's assessment of
future plans and operations, and the timing 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
the ability to access sufficient capital from internal and external
sources, the impact of general economic conditions in Canada, the
United States and overseas, industry conditions, reliance on
industry partners, reliance on third party distributors and sales
representatives ,protection of intellectual property and
proprietary rights, reliance on information technology systems
,length of sales cycle, potential defects in products, changes in
laws, increased competition, lack of availability of qualified
personnel or management, fluctuations in foreign exchange or
interest rate 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 the Company will
derive there from. 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). This news release contains
“forward-looking statements” within the meaning of applicable
securities laws relating to, among other things, certain
anticipated financial results, anticipated market growth and
potential corporate developments of the Company. Readers are
cautioned not to place undue reliance on forward-looking
statements. Actual results and developments may differ materially
from those contemplated by these statements. Factors that could
cause actual results to differ materially include, but are not
limited to, changes in Wi2Wi’s business, general business, economic
and competitive uncertainties.
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. This news release is not for dissemination in the
United States or to U.S. persons.
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