Interfield Global Software Inc. Announces New Board Appointment
July 16 2024 - 5:00PM
Interfield Global Software Inc. (Cboe CA: IFSS) (the
“
Company”) is pleased to announce that Len
Spratt, ICD.D, BSPE, has joined the Company’s Board of Directors.
Chairman and CEO Hal Hemmerich said, “Len brings
with him a rare and valuable skills set, with many years of
experience in both equipment marketing and corporate governance.
With Len on board, we are well positioned to continue to grow the
Company to reach its full potential.”
Commenting on the appointment, Len Spratt said,
“Having been an early supporter of the Company's operations, I am
happy and excited to now be directly involved. I look forward to
collaborating with the Board of Directors and management team in
the development of exemplary corporate board practices while
contributing to the strategic planning process as we continue to
grow and develop the Company into a significant and responsible
provider of software and e-commerce solutions for our current and
future business partners and customers.”
Mr. Spratt holds a Bachelor of Science Degree in
physical education from the University of Saskatchewan and
Institute of Corporate Directors (ICD.D) and Financial Literacy for
Directors certifications from the Haskayne School of Business,
University of Calgary. He was the board chair of Gas Alberta Inc.
from 1997 – 2010 and again from 2014 until his retirement in 2022.
From 2011 – 2013, Mr. Spratt served as governance committee chair
at Gas Alberta Inc. From 2010 - 2022 he was also the gas utility
manager for the Kehewin Cree Nation. From 1975 – 2000, Mr. Spratt
was a manager and major accounts executive at Xerox Canada.
About Interfield Global Software
Inc.
The Company is a publicly listed company, with
its common shares listed on the Cboe Canada. (Cboe CA: IFSS) and
operates out of Dubai, U.A.E through its wholly owned subsidiary,
Interfield Software Solutions LLC (“Interfield
Solutions”).
Interfield Solutions is a software company that
services numerous industrial segments worldwide including oil and
gas, mining and renewables. Interfield Solutions has two operating
divisions, E-commerce and Software as a Service. Equipment Hound,
the company’s flagship product of its E-commerce division, is an
industrial equipment marketplace that connects buyers and suppliers
around the globe. Equipment Hound manages a catalogue of equipment
from various suppliers and provides procurement solutions for
buyers. It includes features such as requests for quotes, logistics
support and third-party verification. ToolSuite, the company’s
flagship product of its Software as a Service division, is a cloud
based data collection and management platform that digitizes
industrial processes and provides real-time auditable data for
clients.
ON BEHALF OF THE BOARD OF DIRECTORS
“Harold Hemmerich”
Harold Hemmerich, Chief Executive Officer &
Director
Phone: +971 50 558 8349
Bruce Nurse, Investor Relations
Phone: +1 303 919 2913
Forward-Looking Statements Disclaimer
and Reader Advisory
This news release contains “forward-looking
information” within the meaning of applicable Canadian securities
legislation. All statements, other than statements of historical
fact, included herein are forward-looking information. In
particular, this news release contains forward-looking information
regarding: the filing of the Annual Filings and Interim Filings,
including the timing for the filing of the Annual Filings and
Interim Filings. There can be no assurance that such
forward-looking information will prove to be accurate, and actual
results and future events could differ materially from those
anticipated in such forward-looking information. This
forward-looking information reflects the Company’s current beliefs
and is based on information currently available to the Company and
on assumptions the Company believes are reasonable. These
assumptions include, but are not limited to the ability of the
Company to complete the Annual Filings and Interim Filings in the
noted timeframe. Forward-looking information is subject to known
and unknown risks, uncertainties and other factors that may cause
the actual results, level of activity, performance or achievements
of the Company to be materially different from those expressed or
implied by such forward-looking information. Such risks and other
factors may include, but are not limited to: general business,
economic, competitive, political and social uncertainties; general
capital market conditions and market prices for securities; delay
or failure to receive board or regulatory approvals; the actual
results of future operations; competition; changes in legislation
affecting the Company; the timing and availability of external
financing on acceptable terms; long-term capital requirements and
future developments in the Company’s markets and the markets in
which it expects to compete; or loss of key individuals. A
description of additional risk factors that may cause actual
results to differ materially from forward-looking information can
be found in the Company’s disclosure documents on SEDAR+ at
www.sedarplus.com. Although the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. Readers are cautioned that the
foregoing list of factors is not exhaustive. Readers are further
cautioned not to place undue reliance on forward-looking
information as there can be no assurance that the plans,
intentions or expectations upon which they are placed will occur.
Forward-looking information contained in this news release is
expressly qualified by this cautionary statement. The
forward-looking information contained in this news release
represents the expectations of the Company as of the date of this
news release and, accordingly, is subject to change after such
date. However, the Company expressly disclaims any intention or
obligation to update or revise any forward-looking information,
whether as a result of new information, future events or
otherwise, except as expressly required by applicable securities
law.
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