CALGARY, April 21, 2015 /CNW/ - Zaio Corporation (TSXV: ZAO) (the "Company" or "Zaio"), announce that it has expanded its executive team to include Ron Love as Chief Financial Officer, effective immediately.
"Today we are pleased to announce that Ron Love has joined Zaio as Chief Financial Officer effective immediately. His background and experience will be instrumental to close our acquisitions and successfully grow our footprint in US Markets," said David King, President and CEO of Zaio. "I would also like to personally thank Craig Hauer, President of Walden Financial Corporation, a Calgary based financial consulting firm who has served under contract as CFO to Zaio since 2011. Craig has provided much needed resources and has participated as an investor while the Company has positioned itself to exploit its unique technology by implementing a comprehensive multi-year business plan. Ron will work together with Craig Hauer to ensure a smooth transition as we complete audit and reporting requirements to of our pending acquisitions."
Mr. Ron Love, B. Comm, C.A., is a seasoned corporate finance executive with over 20 years of experience building, leading, and advising private and public companies through complex restructurings, international expansions, and capital markets transactions raising well over $600 million in various financing structures. Mr. Love has direct experience in growing companies across North America and is active in the Canadian and US Capital Markets. Mr. Love has worked in a number of industries with experience at Karnalyte Resources, AltaLink, Greyhound Canada, Forzani Group, and Deloitte and Touche. Mr. Love graduated from the University of Calgary with a Bachelor of Commerce degree with a major in Accounting. He received his Chartered Accountants designation in 1994.
"The Company now has the financial resources to enable it to fully assemble the financial team it requires, and as Zaio successfully moves to close the Valuation Vision, LLC ("Valuation Vision") and Axis Appraisal Management Inc. ("Axis") transactions, Zaio is adding depth and capacity to our executive management team," continues David King, "Ron will join our newly expanded finance team in the United States which includes Lawrence Stritch, located at the Axis headquarters in San Rafael, California as our US CFO, and Lorin Port, Controller for Valuation Vision."
About Zaio Corporation
Zaio provides customers in the property valuation, underwriting and lending industries with real-time access to certified appraisal reports from the company's patented database of proactively maintained residential property evaluations prepared by licensed appraisers across the United States. Visit the company online at zaio.com.
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 release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy and of the securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended the U.S. Securities Act, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act
Certain information in this press release is forward-looking within the meaning of Canadian securities laws as it relates to anticipated events and strategies. When used in this context, words such as will, anticipate, believe, plan, mandated, intend, target, and expect or similar words suggest future outcomes.
Forward-looking information in this press release, includes, among other things the closing of the Valuation Vision and Axis transactions which has not occurred.
Readers are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purpose of providing information about management's current expectations, and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Zaio does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in Zaio's expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
SOURCE Zaio Corporation
For further information: visit www.zaio.com or contact: David King, President & CEO, Zaio Corporation, [email protected]; Babak Pedram, Investor Relations, Virtus Advisory Group Inc., 416-995-8651, [email protected]