Optiva Appoints Ken Taylor as Chief Financial Officer

Taylor to join leadership team to drive corporate strategic plan and transformation

TORONTO, July 24, 2018 /CNW/ - Optiva Inc. (TSX: OPT), an innovative software company that delivers mission-critical monetization and subscriber management solutions to leading communication service providers (CSPs) globally, today announced that Ken Taylor will join Optiva on August 13, 2018, as CFO. Taylor replaces former CFO David Charron, who departed the company in 2017, and Anin Basu, interim CFO.

Taylor is a seasoned executive with capital markets experience, who has regularly led the development of corporate growth strategies and provided the financial and operational leadership necessary for execution. He brings over 25 years of executive leadership, banking, financial and operational experience with multiple technology companies. Taylor has served as CFO with organizations such as Yellow Pages, Capital Sports and Entertainment and March Networks.

During his tenure with these organizations, he reset cost structures, restructured debt and successfully raised capital to fund and accelerate growth plans. Notably, he also recently served as Chair of the Audit, Governance and Special Committees at Sandvine Corporation.

"Anin Basu has done a tremendous job as interim CFO for close to a year, and we thank him for his dedication and commitment to Optiva," said Danielle Royston, CEO of Optiva. "Ken is an excellent addition to the Optiva leadership team. I am confident that he will help us to complete our transformation and also build an infrastructure that supports long-term growth."

A chartered accountant, Taylor holds a Bachelor of Business Administration degree from St. Francis Xavier University.

About Optiva Inc.:
Optiva Inc. monetizes today's digital world for communications service providers. Our portfolio of subscriber management software enables real-time billing, charging, policy management and user experience functionality that is mission-critical for our customers' growth and innovation. Available on-premise or in the cloud, Optiva™ solutions are designed to deliver the most impact for the best value. Our deep market knowledge and powerful analytical insights coupled with the Customer Success program ensure our customers have what they need to achieve their strategic business goals. Established in 1999, Optiva Inc., can be found on the Toronto Stock Exchange (TSX: OPT). For more information, please go to www.optiva.com.

SOURCE Optiva Inc.

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