VANCOUVER, June 8, 2016 /CNW/ - WordLogic Corp. (OTCQB:WLGC, the "Company"), the predictive intelligence technology company, announces that as of today June 8th 2016 Frank Evanshen hereby resigns from the Board of Directors and the position of CEO and President of WordLogic, effective immediately.
My final official acts in the capacity of Chairman of the Board of Directors and CEO are to relinquish all responsibility of the day-to-day operation of the Company - and, absolve any other parties. I am also dissolving the standing Board of Directors in it's entirety with the understanding that a new Board of Directors will be formed immediately, along with an interim CEO, of the Board's choosing.
Also, effective immediately Les Hughbanks and John Goodman have been elected to the Board of Directors and Ian Dowding has agreed to serve as the acting CEO and Chairman of the board of directors.
"I have complete confidence in the new board of directors all of whom are prominent shareholders of the Company. The Company can now move forward getting its REACH technology to market."
About WordLogic Corporation
WordLogic Corporation develops, markets, licenses and sells advanced predictive platform software designed to accelerate information discovery and text input. The Company's innovations operate on a wide variety of devices including smartphones, PCs, cell phones, Smart TV, media players, automotive navigational systems, infotainment and game consoles. The Company's intellectual property portfolio includes U.S. and European patents and numerous pending patent applications.
For more information about WordLogic Corporation, visit wordlogic.com. To send a message via Twitter, contact us at twitter.com/wordlogiccorp or visit us on Facebook at facebook.com/wordlogiccorp. WordLogic headquarters are located at 1130 West Pender Street, Suite 230, Vancouver, BC, Canada.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements and are subject to risks and uncertainties. See WordLogic's filings with the US Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
SOURCE WordLogic Corp.
For further information: WordLogic Corporation, Investor Relations, +1 604-257-3660 (main office), IR@WordLogic.com, www.wordlogic.com