TORONTO, April 25, 2012 /CNW/ - Telehop Communications Inc. ("Telehop" or the "Company"), (TSX-V: HOP) is pleased to announce the appointment of Rob Cosman to the position of Chief Financial Officer for the Company effective May 1, 2012.
Mr. Cosman is a Charted Accountant and has over 10 years of senior-level financial leadership experience and has held senior finance positions with both private and publicly-listed companies in a variety of industries in Canada and overseas. Mr. Cosman has spent over six years in audit services with KPMG globally and has also held senior positions in banking, retail, telecommunications and consumer packaged goods organizations.
"We are excited to have Rob join the Telehop team. His background in the telecommunications industry is a great asset and knowledge base to leverage as we accelerate our growth. In addition, Rob's experience with marketing and sales 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 May 1, 2012 that the Board of Directors has granted Mr. Cosman options to acquire up to 100,000 common shares of the Company 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 of $0.10.
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 business customers.
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 release.
For further information:
Mr. Rajiv Jagota
President and CEO
(416) 494 4490