Stephen J. Sorocky appointed as new CEO
TORONTO, Feb. 26, 2019 /CNW/ - Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), the creator of powerful wide-area wireless networks for mission-critical applications in challenging locations, today announced the appointment of Stephen J. Sorocky as Chief Executive Officer, effective March 14, 2019. Mr. Sorocky will replace Robert Williams, who has been leading the Company since 2013.
"On behalf of the board of Redline and the entire company, I wish to thank Rob for his years of dedicated services and leadership. Rob has made a solid contribution as we evolved our business, especially during the Oil and Gas downturn as we reduced costs and right sized the business," said Nizar J. Somji, Chairman. "We are excited to have Stephen assume a leadership position and given his current role as a director, we expect a smooth transition. Stephen will focus on growing our LTE business while also looking at opportunities for increasing our recurring revenues."
Stephen Sorocky has been a member of the board of directors of Redline since June of 2018 and is an accomplished senior technology executive with broad experience in venture capital backed and public company environments.
He served previously as CEO and Director of Skytrac Systems Ltd., an avionics and data services company, President & CEO of LxData Inc. an Oil & Gas instrumentation developer, and President & CEO and Director of Virtek Vision International Inc. [TSE:VRK]. As VP& GM, he led the Space Robotics Division of Spar Aerospace Ltd, including responsibility for all robotics on the Space Shuttle and International Space Station. Stephen received an MBA in International Finance and International Business from McGill University, and a B.A.Sc. in Aerospace Engineering from the University of Toronto. He is a Professional Engineer and holds the Chartered Director designation C.Dir. Stephen serves on the Board of the Canadian Commercial Corporation and is the Vice-Chair of Board of the Ontario Telemedicine Network.
"I am excited about the potential of Redline to continue to extend its product and service successes into the rapidly growing LTE market," said Stephen Sorocky. "I look forward to driving the development and execution of our corporate strategy going forward, including building our recurring revenue stream from the value-added services our technology can enable. I am focused on accelerating the innovation and execution that our customers and partners around the world have come to expect from our talented team."
About Redline Communications
Redline Communications (www.rdlcom.com) is the creator of powerful wide-area wireless networks for mission-critical applications in challenging locations. Redline networks are used by oil and gas companies to manage onshore and offshore assets, by militaries for secure battlefield communications, by municipalities to remotely monitor infrastructure, and by telecom service providers to deliver premium services. Hundreds of businesses worldwide rely on Redline to engineer, plan and deliver ruggedized, secure and reliable networks for their M2M, voice, data and video communications needs - in locations that include the deserts of the Middle East, the rainforests of South America, and the frozen Alaskan slopes. For more information visit www.rdlcom.com.
SOURCE Redline Communications Group Inc.
For further information: Redline Contact: Nizar J Somji, Chairman, Redline Communications Group Inc., [email protected]