/NOT FOR DISTRIBUTION TO UNITED
STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION,
DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR
IN PART, IN OR INTO THE UNITED
STATES./
OTTAWA, Nov. 13, 2018 /CNW/ - Martello Technologies
Group Inc. (TSXV: MTLO), ("Martello" or the "Company"), a leading
provider of network performance management solutions for real-time
communications announced today the appointments of Mike Galvin and Jennifer
Camelon to its board of directors. Mr. Galvin is a
telecommunications industry leader with more than 32 years'
experience in BT PLC, who has been responsible for the design,
deployment and management of some of the largest broadband networks
in the UK. Ms. Camelon is a technology industry finance and
business executive with experience leading global transformation
and integration initiatives for organizations such as QNX and the
Royal Canadian Mint. All current Directors remain on Martello's
Board. These appointments bolster Martello's leadership team
following the Company's acquisition of Savision, as Martello
continues to execute on its 'build and buy' growth strategy.
Mr. Galvin has been responsible for the design, deployment and
management of some of the largest broadband networks in the UK. As
Managing Director in BT PLC, Mr. Galvin led
key national initiatives including the rollout of BT's
fibre network, and the nationwide delivery of high-speed
internet for the UK. Mr. Galvin has led BT's
internationally respected research division. A
telecommunication engineer and specialist in broadband
networks he has 32 years
of industry experience, working at board level, with
governments and in leadership positions in technology, innovation
and research. Mr. Galvin brings extensive technology
program leadership experience and delivery of large infrastructure
projects in both the public and private sectors.
Currently the interim president and CEO of the Royal Canadian
Mint, Ms. Camelon is a seasoned finance and business leader.
Previously Chief Financial Officer of QNX Software systems, Ms.
Camelon also led the IT, operations and quality functions. Ms.
Camelon was the primary corporate representative to QNX's parent
companies including Research in Motion. In addition to her
responsibilities at QNX, she regularly undertook special projects
and additional responsibilities in support of BlackBerry's
transformation efforts. Prior to QNX, Ms. Camelon worked for
Delta Hotels and Resorts as well as Price Waterhouse in both
Toronto and Ottawa. Ms.
Camelon is a Chartered Professional Accountant (CPA, CA) and holds
a Bachelor of Commerce (Honours) from Queen's University. In 2005
the Ottawa Business Journal recognized Ms. Camelon as one of the
Top 40 under 40.
"On behalf of the Martello Board of Directors, I am pleased to
welcome Mr. Galvin and Ms. Camelon to the team", said Terry Matthews, Co-Chairman of Martello and
Chairman of Wesley Clover International. "Their global
technology, business and transformation expertise will be valuable
to Martello as the Company moves into the next phase of
growth".
"I'm excited about this opportunity to work with a high calibre
team seeking to dominate the market for network and IT performance
management", said Mr. Galvin. "I look forward to helping Martello
accelerate its growth in the global enterprise networking
market".
"Martello is poised to expand with a strong global customer base
and an aggressive strategy for growth as a public company", said
Ms. Camelon. "Having worked extensively leading similar growth and
transformation initiatives, I look forward to working with
Martello's leadership to achieve best in class outcomes".
"I'm pleased to welcome Mr. Galvin and Ms. Camelon to Martello's
world-class board of directors", said John
Proctor, president and CEO of Martello. "I look forward to
working with both to accelerate Martello's growth strategy".
Martello has a positive track record in acquisition activity. On
November 2, the company announced the
completion of its acquisition of Savision, after having acquired
SD-WAN player Elfiq Networks in December
2017 and Netvitesse in 2014. The Company's solutions have
been recognized by the industry. In September, Martello
received a Frost & Sullivan Leadership Award for NPM (Network
Performance Management) and ranked as Ottawa's Fastest Growing Company, at No. 28 on
the Growth 500 list of Canada's
Fastest Growing Companies. The Company's debut on the TSX Venture
Exchange (TSXV) followed the closure of an oversubscribed
$7.5 million private placement in
June 2018.
About Martello Technologies Group
Martello Technologies Group Inc. (TSXV: MTLO) delivers
confidence in network performance. Our solutions manage and
optimize the performance of real-time services on cloud and
enterprise networks and include network and IT performance
management software as well as SD-WAN technology. Over the top
(OTT) service providers and enterprises around the world rely on
Martello's technology to deliver better service quality and a
reliable user experience. Designed for real-time communications
such as voice and video, Martello's solutions detect, identify and
address network performance problems BEFORE service quality is
impacted. Martello Technologies Group is a public company
headquartered in Ottawa, Canada
with offices in Montreal,
Amsterdam, Paris, Dallas
and New York. Learn more at
http://www.martellotech.com
FORWARD LOOKING STATEMENTS: This press release contains
forward-looking statements that address future events and
conditions, which are subject to various risks and
uncertainties. Actual results could differ materially from those
anticipated in such forward-looking statements as a result of
numerous factors, some of which may be beyond the Corporation's
control. These factors include: general market and industry
conditions, risks related to continuous operations and to
commercialization of new technologies and other risks disclosed in
the Corporation's filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and
opinions of the Corporation's management on the date the statements
are made. The assumptions used in the preparation of such
statements, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Corporation
expressly disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.
Neither the 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.
SOURCE Martello Technologies Group