TORONTO, Feb. 12 /CNW/ - iseemedia Inc. (TSX-VENTURE:IEE), announced today that it appointed Mr. John MacDonald, CGA, to its Board of Directors.
John is a graduate of the University of Western Ontario, continued studies at Wilfred Laurier; Queen's University and earned a CGA designation in 1985. John leads John MacDonald & Associates, a firm of accounting professionals specializing in owner managed business serving over 300 corporations and a 1,000 individuals. His experience and expertise lies in helping both individuals and companies move beyond the numbers, creating strategic and tactical plans to increase profitability. In addition to being active in both local and federal politics, John serves on the Board of Directors and Audit Committee Chair of several public companies as well as playing an active role in the strategic leadership of many private ventures. "John brings some very valuable expertise from the investment community as well as being a seasoned and dynamic accountant with experience as a director in the public market," said Anthony DeCristofaro, President and CEO. "We look forward to the addition of John's keen analytical ability to the board. In addition, he has shown his belief in our corporate mission with his support and involvement in our Company's recent financings."
The Company also announced today that Mr. Roger Rai has resigned from his position as a director of the Company effective immediately.
"Roger has been an important contributor to the development of the Company's strategic direction. We thank him for his efforts and wish him the very best in his future endeavours," said Anthony DeCristofaro, President and CEO.
With respect to Mr. MacDonald's appointment to the Board of Directors, the Company granted him 50,000 options at and exercise price of $.18, expiring February 11th, 2015.
The completion of the Board appointment is subject to TSX Venture Exchange approval.
iseemedia Inc. is a software development company focused on the commercialization of a Service Delivery Platform iseemail(TM) for delivering Blackberry-like email services to the mass market and an advanced Content Delivery Platform iseedocs(TM) for rich media adaptation and extremely cost-efficient delivery to mobile devices. The Company maintains a broad portfolio of issued and pending patents that cover content authoring, streaming and interactive viewing on mobile devices. iseemedia is publicly traded in Toronto (Symbol: IEE.V).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE ISEEMEDIA INC.
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