TORONTO, June 13, 2018 /CNW/ - Globalive Technology (TSX-V: LIVE), an artificial intelligence and blockchain technology commercialization firm is pleased to announce that it is commencing trading on the TSX Venture Exchange under the ticker 'LIVE' today.
Mr. Lacavera and his leadership team plan to use their expertise and relationships to disrupt traditional industries by building and commercializing artificial intelligence and blockchain technology solutions. The company is actively entering into joint ventures with established high-growth companies across a diverse set of industry verticals.
Globalive Technology has an extensive pipeline of deals with leaders in traditional sectors of the economy and the emerging technology space. The company has an ability to capitalize on opportunities before others given its team's operational expertise, advisory base and Mr. Lacavera's involvement in key entrepreneurial organizations including The Creative Destruction Lab, DMZ, MaRS, The Entrepreneurship Hatchery, and NEXT Canada.
Globalive Technology Inc.
Globalive Technology is a next generation software company and venture partner that is developing and investing in innovative solutions to disrupt traditional industries using AI, IoT and blockchain technology. The company forms partnerships with leading high growth companies to co-develop artificial intelligence and blockchain technology stacks. It is controlled by Globalive Capital Inc. which has founded and co-founded 12 businesses over the past 20 years with 6 successful exits ranging from $10M to $1.3B USD. It has also made over 100 venture investments and has over 45 technology companies in its portfolio.
For press and media inquires:
Tanya Sardana, Communications Officer, Globalive Technology, Media@globalivetech.com;
For investor inquiries:
Laura Welsh, Account Manager, Renmark Financial Communicatons Inc., InvestorRelations@globalivetech.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.
This news release contains forward-looking statements relating to the timing of Ms. Lacavera joining the board of directors of GT, the date that GT's shares will commence trading on the TSXV, GT's expectations with respect to potential M&A transactions and the potential benefits of such transactions. Such forward-looking statements are identified by terms such as "will", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding Ms. Lacavera joining the board of directors of GT, the date that GT's shares will commence trading on the TSXV, GT's expectations with respect to potential M&A transactions and the potential benefits of such transactions, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from GT's expectations include the TSXV not approving Ms. Lacavera as a director, issues arising with respect to the initial trading day for GT's shares, economic conditions making acquisitions not feasible or their benefits less than expected and other risks as set out in the Filing Statement filed by GT on May 29, 2018 and available on its SEDAR page at www.sedar.com.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of GT. As a result, GT cannot guarantee that any of the forward looking statements contained in this press release will occur within the times disclosed herein or at all. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and GT will only update or revise publicly the included forward-looking statements as expressly required by Canadian securities law.
SOURCE Globalive Technology