Sphere 3D Corp. Appoints Cheemin Bo-Linn to Board of Directors
April 19 2017 - 4:57PM
Sphere 3D Corp. (NASDAQ:ANY), a containerization,
virtualization, and data management solutions provider, today
announced the appointment of Cheemin Bo-Linn, Ed.D. to the
Company’s Board of Directors.
Sphere 3D’s directors voted unanimously to elect Dr. Cheemin
Bo-Linn to the Company’s Board. She has been appointed as the
Chairperson of the Board’s Audit Committee, and will also serve as
a member of both the Compensation and the Nominating and Governance
Committees.
Over the past 25 years, Dr. Bo-Linn has had a successful career
in both the private and public markets where she held executive and
leadership positions that spanned technology, finance and
operations. Her corporate leadership experience has included
serving as Vice President of IBM Corporation, where she was
responsible for a multi-billion dollar global business in IT
infrastructure, software, and enterprise storage, as well as
serving as Chief Marketing and Revenue Officer of NetLine Corp, a
digital marketing firm. She also has a broad range of board
governance experience where she has served on the boards of both
public and private technology companies.
Dr. Bo-Linn is currently President and CEO of Peritus Partners,
Inc., a consulting services firm focused on assisting companies to
identify opportunities to increase shareholder value. She
also serves as a director of SNOMED, a global organization that
administers and develops clinical language for analytics and
software.
“We are pleased to have Cheemin join the Company’s Board of
Directors and believe her experience and expertise are closely
aligned with the Company’s strategic direction,” said Sphere 3D’s
Chairman and chief executive officer, Eric Kelly. “Her
knowledge in strategic growth transformations and proven technology
expertise in cloud, software and enterprise storage, combined with
her vast corporate leadership experience, will strengthen our
Board.”
The company would also like to thank Glenn Bowman, who resigned
from the Board of Directors effective April 14, 2017, for his
contributions to the Sphere 3D board and wish him well in his
future endeavors.
About Sphere 3DSphere 3D
Corp. (NASDAQ:ANY) delivers containerization, virtualization,
and data management solutions via hybrid cloud, cloud and
on-premises implementations through its global reseller network and
professional services organization. Sphere 3D, along with its
wholly owned subsidiaries Overland Storage, and Tandberg
Data, has a strong portfolio of brands, including HVE
ConneXions and UCX ConneXions, dedicated to helping
customers achieve their IT goals. For more information,
visit www.sphere3d.com. Follow us on
Twitter @Sphere3D, @overlandstorage,
and @tandbergdata.
Safe Harbor Statement This
press release contains forward-looking statements that involve
risks, uncertainties, and assumptions that are difficult to
predict. Actual results and the timing of events could differ
materially from those anticipated in such forward-looking
statements as a result of risks and uncertainties, including
our inability to comply with the covenants in our credit
facilities, refinance such facilities or to obtain additional debt
or equity financing; any increase in our future cash needs; our
ability to successfully integrate the UCX and HVE ConneXions
businesses with our other businesses; our ability to regain
compliance with the NASDAQ minimum closing bid price requirement
between now and July 31, 2017; our inability to take other actions
to regain compliance with the NASDAQ minimum closing bid price
requirement; our ability to maintain compliance with other NASDAQ
Capital Market listing requirements; unforeseen changes in the
course of our business or the business of its wholly-owned
subsidiaries, including, without limitation, Overland Storage and
Tandberg Data; market adoption and performance of our products; the
level of success of our collaborations and business partnerships;
possible actions by customers, partners, suppliers, competitors or
regulatory authorities; and other risks detailed from time to time
in Sphere 3D’s periodic reports contained in our Annual Information
Form and other filings with Canadian securities regulators
(www.sedar.com) and in prior periodic reports filed with the United
States Securities and Exchange Commission (www.sec.gov). Sphere 3D
undertakes no obligation to update any forward-looking statement,
whether written or oral, that may be made from time to time,
whether as a result of new information, future developments or
otherwise, except as required by law.
Investor Contact:
The Blueshirt Group
Mike Bishop
Tel: +1 415-217-4968
mike@blueshirtgroup.com
Lauren Sloane
Tel: +1 415-217-2632
Lauren@blueshirtgroup.com
Press Contact:
Tina Brown
Tel: +1 408-283-4731
media.relations@sphere3d.com
Sphere 3D (NASDAQ:ANY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Sphere 3D (NASDAQ:ANY)
Historical Stock Chart
From Apr 2023 to Apr 2024