TORONTO, Jan. 3, 2012 /CNW/ - Telehop Communications Inc. ("Telehop" or
the "Company"), (TSX-V: HOP) is pleased to announce the appointment of
Jenifer Cua to the position of Vice President & Chief Financial Officer
of the Company effective January 1, 2012. Ms. Cua replaces David Smith,
CMA, as C.F.O. Mr. Smith will remain with Telehop during the transition
Ms. Cua has over 15 years of senior-level financial leadership
experience and has held CFO and VP-Finance positions with both private
and publicly-listed companies in a variety of industries. She is a
Certified Public Accountant (Colorado) and a Certified General
Accountant as well as holding a Master of Business Administration from
Pace University, Lubin School of Business in New York.
"We are most pleased with Jenifer joining Telehop. She came highly
recommended, has considerable publicly listed company experience and
will strengthen our executive team as Telehop concentrates its efforts
on new services, company growth and increased shareholder value."
commented Mr. Rajiv Jagota, President & Chief Executive Officer.
Telehop also announces effective January 1, 2012 that the Board of
Directors has granted Mr. Jagota and Ms. Cua incentive options to
acquire up to 500,000 and 100,000 common shares of the Company
respectively for a period of five years, where each stock option
represents the right to purchase one (1) common share of the Company,
to be exercisable at a price equal to the closing price on the first
trading day of January 2012.
Telehop Communications Inc. (TSX-V: HOP), was founded and headquartered
in Toronto, Ontario, in 1993, and has grown into one of the largest
alternative telecommunications providers to both residential and
Telehop originally began offering residential and business two-way
monthly 'flat rate' calling services in the Greater Toronto area
between communities where a call would otherwise be a long distance
call. In 1994, Telehop became one of Canada's few Equal Access Long
Distance Providers, allowing it to offer its customers full service
long distance calling globally at significantly lower rates. The
Canadian Radio-television and Telecommunications Commission ("CRTC")
has licensed Telehop as a Class "A" telecommunications carrier.
Telehop's dedication and priority is providing residential and
businesses with exceptional phone services at competitive rates without
sacrificing quality service.
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 news
SOURCE Telehop Communications Inc.
For further information:
Mr. Rajiv Jagota
President and CEO
(416) 494 4490