LONGUEUIL, QC, March 1 /CNW/ - D-BOX Technologies Inc. (TSX-V: DBO.A), a
leading provider of motion technology for immersive home entertainment, today
announced the appointment of Normand Chartrand C.M.A. as Chief Financial
Officer for the Company. This position was occupied on an interim basis by
Claude Mc Master, who will continue in his role as President and Chief
"We would like to extend an enthusiastic welcome to Mr. Chartrand. His
in-depth knowledge of the financial market and technology sector is exactly
the type of expertise we are looking for at this stage of our development,"
said Claude Mc Master, President and CEO of D-BOX Technologies. "Over the past
year, D-BOX has succeeded in increasing its profile in the North American
entertainment industry and was able to establish important agreements with key
players of that sector. The arrival of Mr. Chartrand will enable us to pursue
our growth initiatives as I continue focusing on implementing our vision of
making the D-BOX motion technology a new industry standard."
Mr. Chartrand, a member of the Quebec Certified Management Accountant
Order, has acquired extensive experience in managing and securing financing
for emerging companies. Over the years, he has held executive positions at
various holding companies and venture capital firms. Most recently, he served
as Vice President of Finance and Chief Financial Officer for private and
publicly traded companies such as Locus Dialogue Inc., Nertec Design Inc. and
Kangaroo Media Inc.
D-BOX Technologies designs and manufactures high-technology motion
systems destined mainly for the entertainment industry. Its unique, patented
technology uses motion codes specifically programmed for each film, TV program
or video game, resulting in motion that is perfectly synchronized with
on-screen action. By forming strong industry alliances, D-BOX's award-winning
motion technology is creating a global standard in the entertainment world.
For more information, please visit www.d-box.com.
D-BOX(R) is a registered trademark and Motion Code is a trademark of
D-Box Technologies Inc. Other names are for informational purposes only and
may be trademarks of their respective owners.
Certain statements included herein, including those that express
management's expectations or estimates of our future performance, constitute
"forward-looking statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of estimates
and assumptions that, while considered reasonable by management at this time,
are inherently subject to significant business, economic and competitive
uncertainties and contingencies. We caution that such forward-looking
statements involve known and unknown risks, uncertainties and other risks that
may cause our actual financial results, performance, or achievements to be
materially different from our estimated future results, performance or
achievements expressed or implied by those forward-looking statements.
Numerous factors could cause actual results to differ materially from those in
the forward-looking statements, including without limitation, our ability to
achieve increased market acceptance for our product offerings and penetrate
new markets; the existence of undetected errors or similar problems in our
products; our ability to manage our growth; our ability to compete
successfully; potential liabilities; maintaining our intellectual property
rights and litigation involving intellectual property rights; our dependence
on the expertise of our key personnel; and our access to sufficient capital to
fund our future requirements. This list is not exhaustive of the factors that
may affect any of our forward-looking statements. Investors are cautioned not
to put undue reliance on forward-looking statements. All subsequent written
and oral forward-looking statements attributable to D-BOX or persons acting on
our behalf are expressly qualified in their entirety by this notice. We
disclaim any intent or obligation to update publicly these forward-looking
statements, whether as a result of new information, future events or
otherwise. Risks and uncertainties about our business are more fully discussed
in our Annual Report.
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.
For further information:
For further information: Claude Mc Master, President and Chief Executive
Officer, D-BOX Technologies Inc., (450) 442-3003, ext. 230,
firstname.lastname@example.org; Eric Bouchard, The Equicom Group Inc., (514) 844-7997,