NAMASTE ANNOUNCES 2018 BOARD OF DIRECTOR NOMINEES
March 01 2018 - 10:52AM
InvestorsHub NewsWire
NAMASTE ANNOUNCES 2018 BOARD OF DIRECTOR
NOMINEES
Vancouver, BC -- March 1st, 2018 -- InvestorsHub
NewsWire -- Namaste Technologies Inc. (“Namaste”
or the “Company”) (CSE: N) (FRA:
M5BQ) (OTCMKTS: NXTTF) is pleased to
announce that the Company has nominated Branden Spikes, Laurens
Feenstra and Donald William Nickless (the “Nominees”) for positions
on Namaste’s 2018 board of directors, in addition to current board
members Sean Dollinger, Sefi Dollinger and Kiranjit Sidhu. These
three new Nominees represent a major milestone for Namaste in
solidifying the board and supporting the Company’s future growth
within the cannabis industry. The Nominees and proposed board
members have served in critical roles at Google, SpaceX and
Seagram’s International, and bring an intangible amount of value in
helping advance the Company's technology through innovation. The
Nominees bios and experience are outlined below:
Laurens Feenstra - Laurens Feenstra is currently
Product Manager at Waymo, formerly known as Google's self-driving
car project. Prior to Waymo, he worked on some of Google’s most
well-known products such as Search, Chromebooks, and Android. As a
strategy consultant at McKinsey & Company, he has helped large
media, banking and government clients become data analytics-driven
companies. Mr. Feenstra holds degrees in Human-Computer Interaction
and Artificial Intelligence from University of Groningen in the
Netherlands, and was a visiting researcher on "Intelligent Tutoring
Systems" at Carnegie Mellon University.
When not working on the latest technology, he organizes small
electronic music festivals and runs a Burning Man camp.
Branden Spikes - Branden Spikes, considered as
“Elon Musk’s most trusted lieutenant” by Venture Beat, worked side
by side with Musk for over 15 years and helped pioneer ground
breaking technologies at SpaceX, Tesla, and PayPal. He was the CIO
of SpaceX for ten years and was instrumental in setting up the
information systems at Tesla Motors during its formative years
after having served as Director of IT at PayPal. Spikes then
founded Spikes Security in 2012, with a mission to solve the most
pressing cybersecurity challenge, browser malware and served as its
CEO until it merged with Aurionpro in 2017. Mr. Spikes is an
investor, advisor and a technology evangelist.
Donald William Nickless – Mr. Nickless
graduated from Macdonald College of McGill University with a BSc in
Agriculture. Mr. Nickless then worked for thirty plus years working
for the Seagram Company Limited, beginning as a front-line
supervisor in manufacturing, progressing through various Department
Head positions to the manager of the Company’s largest Canadian
plant. Subsequent, Mr. Nickless held various positions that
culminated in the appointment to Executive Vice President of
Manufacturing, SeagramAmericas with responsibility for
Manufacturing Operations in the US, Canada, and South America. Mr.
Nickless is now retired and living in Vermont as a “Gentleman
Farmer”.
In connection with these nominations, Peter Simeon and Philip van
den Berg will not be standing for reelection at the Annual General
Meeting.
We would also like to thank Peter Simeon and Philip van den Berg
for serving on the Board. Peter will continue to serve as
legal counsel and corporate secretary to the Company and Philip
will continue to serve as Chief Financial Officer.
Management Commentary
Sean Dollinger, President and CEO of Namaste
comments; “From the outset, Namaste has been focused on
revolutionizing the cannabis industry through innovation.
These Nominees represent an incredible opportunity for Namaste to
not only strengthen the team but to significantly broaden the scope
of our vision to revolutionize the industry. The combined
experience and knowledge these individuals possess cannot be
measured and we feel extremely privileged to have them willing to
join our team and contribute significantly to the future direction
of Namaste. Our entire team remains focused in our efforts and is
committed in helping to redefine the industry. We strongly believe
these Nominees will help drive future growth opportunities and help
solidify Namaste as a global leader in the development of cannabis
technology solutions.”
About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis
delivery systems globally. Namaste distributes vaporizers and
smoking accessories through 24 e-commerce sites in 20 countries and
with distribution hubs located around the world. Namaste has
majority market share in Europe and Australia, with operations in
the UK, Canada and Germany and has opened new supply channels into
emerging markets including Brazil, Mexico and Chile. Namaste,
through its acquisition of Cannmart Inc., a Canadian based
late-stage applicant for a medical cannabis distribution license
(under the ACMPR Program) is pursuing a new revenue vertical in
online retail of medical cannabis in the Canadian market. Namaste
intends to leverage its existing database of Canadian medical
cannabis consumers, along with its expertise in ecommerce to create
an online marketplace for medical cannabis patients, offering a
larger variety of product and a better user experience.
On behalf of the Board of Directors
“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastetechnologies.com
Further information on Namaste and its products can be accessed
through the links below:
Agreement.namastetechnologies.com
Agreement.namastevaporizers.co.uk
Agreement.everyonedoesit.co.uk
Agreement.australianvaporizers.com.au
Forward Looking Information
This press release contains forward-looking information based on
current expectations. These statements should not be read as
guarantees of future performance or results. Such statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results, performance or achievements to be
materially different from those implied by such statements.
Although such statements are based on management's reasonable
assumptions, Namaste assumes no responsibility to update or revise
forward-looking information to reflect new events or circumstances
unless required by law. Although the Company believes that the
expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be
placed on the forward-looking statements because the Company can
give no assurance that they will prove to be correct. Since
forward-looking statements address future events and conditions, by
their very nature they involve inherent risks and uncertainties.
These statements speak only as of the date of this press release.
Actual results could differ materially from those currently
anticipated due to a number of factors and risks including various
risk factors discussed in the Company's disclosure documents, which
can be found under the Company's profile on www.sedar.com. This
press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward looking statements are made pursuant to the safe
harbour provisions of the Private Securities Litigation Reform Act
of 1995. The Canadian Securities Exchange has neither reviewed nor
approved the contents of this press release.
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