Glance Technologies Announces Appointment of Jonathan Hoyles as Interim Chief Executive Officer
13 Juin 2019 - 5:06AM
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET)
(OTCQB:GLNNF) (FKT:GJT) announced today that its board of directors
has appointed Mr. Jonathan Hoyles as its interim Chief Executive
Officer and member of the board of directors, effective
immediately. Mr. Hoyles succeeds Desmond Griffin who has stepped
down from these roles and will act as an advisor to Glance
subsequent to the transition. The Board will conduct an internal
and external search for a permanent replacement.
Mr. Hoyles previously held the role of Chief
Commercial Officer and General Counsel at Glance.
Prior to joining Glance in November 2017, Mr.
Hoyles was Vice President, Legal & General Counsel at the
Skidmore Group. While at Skidmore Group (and its predecessor TCG
International), Mr. Hoyles was instrumental in both the growth
of the Skidmore Group's business and the sale of Speedy
Auto Glass USA and its international franchise operations to Fix
Auto World. Mr. Hoyles also worked on the substantial disposition
of Skidmore’s ownership stake in GLENTEL Inc. to BCE Inc. and
Rogers Communications Inc. in 2016.
Mr. Hoyles has an MBA from Queen’s
University and holds a Juris Doctor from the University of New
Brunswick. Mr. Hoyles previously practised law at two of
Canada's largest law firms: Blake, Cassels & Graydon LLP and
Bennett Jones LLP.
"I am excited about Glance’s future and look
forward to setting the company on a path to long-term success,”
says Jonathan Hoyles. "I thank Desmond Griffin and his wife Angela
for all of the hard work and dedication they have put into
Glance. We have a tremendously talented team behind us and
during this next phase of Glance our team will be focused on
further improving our product features, growing our network of
merchants and users, and increasing shareholder value.” “Having
been the CEO of Glance for over four and a half years I feel now is
an appropriate time to transition”, said Mr. Griffin. “Over
the course of working with Jonathan for well over a year, I have
been very impressed with his passion, intelligence, knowledge, and
hard work. Jonathan has become involved in all areas of the
company during his tenure as Chief Commercial Officer and is highly
respected amongst the team. I believe Glance is in great
hands to move to the next stage of its development as it rollouts
out its new products. I am convinced that products like our
Real-Time Bill™ and Order-From-Table™ are the future of paying and
ordering.”
Speaking on behalf of the board of directors,
Mr. Kirk Herrington said, “It has been a pleasure to work with
Desmond who brought forth innovative ideas and a real passion for
building mobile e-commerce products. Desmond has worked very
closely with Jonathan Hoyles in all facets of the business and the
board is pleased to have Mr. Hoyles promoted as the interim CEO for
this next chapter of Glance’s growth.”
About Glance Technologies
Inc.
Glance Technologies is the owner of Glance Pay®,
a smartphone application that enables merchants to provide their
customers with quick secure payments, innovative ordering
capabilities, digital rewards, and better experiences. Glance
offers merchants targeted in-app marketing, geo-targeted digital
coupons, customer feedback, in-merchant messaging, custom rewards
programs, digital receipts, and digital deals.
For more information about Glance, please go to
www.glance.tech.
Investor questions:
(833) 338-0299investors@glancepay.com
Neither the Canadian Securities Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking
information or forward-looking statements (collectively
"forward-looking information") within the meaning of applicable
securities laws. Forward-looking information is typically
identified by words such as: “may”, "believe", “thinks”, "expect",
“exploring”, “expand”, “could”, "anticipate", "intend", "estimate",
“plan”, “pursue”, "potentially", “projected”, “should”, “will” and
similar expressions, or are those, which, by their nature, refer to
future events. These forward-looking statements, which involve
risks and uncertainties, relate to, among other things, the
discussion of Glance’s business strategies and its expectations
concerning future operations. Although Glance considers these
forward-looking statements to be reasonable based on information
currently available to it, they may prove to be incorrect, and the
forward-looking statements in this release are subject to numerous
risks, uncertainties and other factors that may cause future
results to differ materially from those expressed or implied in
such forward-looking statements. Such risk factors include, among
other things, risks that Glance’s software and applications may
contain security problems, security vulnerabilities, or defects in
design or manufacture, including “bugs” and other problems that
could interfere with the intended operation of its software, risks
related to the volatility of customer demand for Glance’s products,
and the possibility that the expected benefits from new features
will not be realized. The forward-looking information in this press
release is also based on certain estimates, forecasts and
projections, as well as expectations, beliefs and assumptions,
including, among other things, that Glance will be able to achieve
its business and technology development objectives. For additional
information with respect to these and other factors and assumptions
underlying the forward-looking statements in this press release,
see the section entitled “Risk Factors” in the most recent Annual
Information Form and Prospectus of Glance, which may be accessed
through Glance’s profile on SEDAR at www.sedar.com. Glance cautions
investors that any forward-looking information provided by Glance
is not a guarantee of future results or performance, and that
actual results may differ materially from those in forward-looking
statements. Undue reliance should not be placed on such
forward-looking information, as there can be no assurance that the
plans, intentions or expectations upon which they are based will
occur.
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