The Company adds new Chief Financial Officer, Financial Controller and two members to its Board of Directors.
November 28, 2022 – Vancouver, Canada – Turnium Technology Group Inc. (TSX.V: TTGI) (“Turnium” or “the Company”), an industry leader in cloud-native software-defined wide area networking solutions (SD-WAN), is pleased to announce the appointments of Konstantin Lichtenwal as Chief Financial Officer, Simon Tso as Controller, and Peter Smyrniotis and Erin Campbell to the Company’s Board of Directors.
Konstantin Lichtenwald Appointed – Chief Financial Officer
Konstantin has over 15 years of finance and accounting experience, including corporate compliance, accounting and financial management, initial public offerings and reverse takeovers, providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses as well as public companies.
Simon Tso Appointed — Controller
Simon brings years of experience assisting companies of all sizes with their financial reporting, regulatory filing and taxation requirements. Simon is both a CFA Charterholder and a Chartered Professional Accountant.
Appointments to Turnium Board of Directors
Erin Campbell, ICD.D has over 25 years as an entrepreneur and business advisor experience with board and corporate governance in growth and rapidly evolving technology and industrial companies. Erin has led financing, corporate transactions, re-structuring, M&A for private and public companies operating in Canada and US. Erin is the founding partner of Moneta Partners, an organization providing capital markets and corporate finance advisory services.
Peter Smyrniotis is a founder, operator, and board-level executive adept in launching high-growth disruptive companies, shipping new products to market, building teams and revenue through growth stages (Seed to Liquidity). He has extensive experience in corporate governance and fundraising He’s also currently a director with Victory Square Technologies, Spark Real Estate Software, and CoPilot AI.
Peter Smyrniotis and Erin Campbell join Turnium’s Board of Directors currently comprised of Derek Spratt – CEO and Chair of the Board, Johan Arnet – Director and Company founder, Jim Lovie – Director, Ralph Garcea – Director, Evelyn Bailey – Director, and Peter Green – Director.
About Turnium Technology Group, Inc.
Turnium Technology Group Inc. delivers its SD-WAN solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service provided by Turnium. Both Turnium SD-WAN offers are available through a channel partner program designed for Communications Service Providers, Internet and Managed Service Providers, System Integrators, and Value-Added Resellers.
SD-WAN is revolutionizing the networking and telecommunications industry by abstracting secure, high-speed networking and network control from underlying physical circuits. SD-WAN frees enterprises, small and medium businesses, cloud and managed services providers from the business and cost constraints imposed by traditional telecommunications companies.
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This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain acts, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is 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, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 information 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 information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Company may terminate and not proceed with the Agreement, or that the Agreement and associated transactions will not be successfully completed for any reason (including failure to obtain the required acceptance from the TSX Venture Exchange). The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.