Yona Shtern,
CEO of Hapbee, succeeds Chris
Rivera, the Company's founder who helped lay the groundwork
for transformative growth
MONTRÉAL, Feb. 17, 2022 /CNW
Telbec/ - Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF)
(FSE: HA1) ("Hapbee" or the "Company"), a leading provider of
wellness wearable technology, is pleased to announce that CEO
Yona Shtern has been appointed as
the Company's new Chairman of the Board ("Chairman"), effective
February 16, 2022. Yona will succeed
Chris Rivera, the founder who served
as Chairman since Hapbee's inception. Mr. Rivera will continue to
provide guidance on key strategic initiatives and remain a valuable
asset to the Company as a member of the Board of Directors.
While Chairman, Mr. Rivera played an instrumental role in
guiding Hapbee to its current stage of development, having helped
structure the Company's licensing deal with EMulate Therapeutics,
Inc. Among other leadership responsibilities during his tenure as
Chairman, Mr. Rivera spearheaded the assembly of Hapbee's board and
executive teams, while overseeing signal R&D initiatives.
"Thanks to our dedicated shareholder base and leadership team,
Hapbee has advanced rapidly over the last two years," stated
Chris Rivera. "I am proud of where
the Company stands today and excited at the opportunity which lies
ahead for our one-of-a-kind wellness platform. In his role as CEO,
Yona has demonstrated excellent leadership and an acute
understanding of what is required to successfully commercialize a
cutting-edge wellness product. He will make a fantastic Chairman of
the Board, and I look forward to working with him and other board
members in implementing our aggressive growth strategy."
"I would like to thank Chris for serving as the Company's
founding Chairman of the Board and helping to guide it through
critical stages," said Yona Shtern,
CEO of Hapbee. "He will remain an invaluable member of our board.
In addition to my role as CEO, I'm honored to accept the position
as Chairman of Hapbee."
With several initiatives underway, the Company expects to
provide business development updates in the coming weeks.
Hapbee's Board of Directors
● Yona
Shtern - Chairman, Director
● Chris
Rivera - Director
● Charles
McNerney - Director
● Robert
Dzisiak - Director
● Michael
Matysik - Director
● Mark Timm
- Director
About Hapbee
Hapbee is a leading wearable wellness technology platform
provider aiming to help people improve their wellbeing and enhance
how they feel. The Company is the creator of the Hapbee Headband,
which is powered by patented ultra-low radio frequency energy
(ulRFE®) technology and delivers low-power electromagnetic signals
designed to help improve its users' productivity, recovery,
downtime, and sleep. Hapbee has offices in Montreal, Vancouver, Seattle and Phoenix.
Hapbee is available for purchase at Hapbee.com and through
authorized Hapbee dealers.
For more information about Hapbee, please visit Hapbee.com.
Forward-Looking Information
Certain statements in this news release may constitute
"forward-looking information" within the meaning of applicable
securities laws (also known as forward-looking statements).
Forward-looking information involves known and unknown risks,
uncertainties and other factors, and may cause actual results,
performance or achievements or industry results, to be materially
different from any future results, performance or achievements or
industry results expressed or implied by such forward-looking
information. Forward-looking information generally can be
identified by the use of terms and phrases such as "anticipate",
"believe", "could", "estimate", "expect", "feel", "intend", "may",
"plan", "predict", "project", "subject to", "will", "would", and
similar terms and phrases, including references to assumptions. The
forward-looking statements are not historical facts but reflect
current expectations regarding future results or events. This news
release contains forward-looking statements. These forward-looking
statements are based on current expectations and various estimates,
factors and assumptions and involve known and unknown risks,
uncertainties and other factors. Any statements about Hapbee's
product marketing and development initiatives; are all
forward-looking information. Forward-looking statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions which are difficult to predict. Such statements and
information are based on numerous assumptions regarding the
Company's ability to meet its planned product, marketing and
development initiatives.
Factors that could cause the actual results to differ materially
from those in the forward-looking statements include, delays in
marketing programs, production, manufacturing, collection of data
from customer use, or the Company may not be able to achieve its
targets as anticipated or at all; changes in legislation and
regulations; increase in operating costs; equipment failures;
failure of counterparties to perform their contractual obligations;
litigation;. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. These
statements should not be read as guarantees of future performance
or results. The Company assumes no responsibility to update or
revise forward-looking information to reflect new events or
circumstances unless required by law. Readers should not place
undue reliance on the Company's forward-looking statements.
Forward-looking information is provided for the purpose of
presenting information about management's current expectations and
plans relating to the future and readers are cautioned that such
statements may not be appropriate for other purposes.
The forward-looking information contained herein is expressly
qualified in its entirety by this cautionary statement.
Forward-looking information reflects management's current beliefs
and is based on information currently available to Hapbee. The
forward-looking information is stated as of the date of this news
release and Hapbee assumes no obligation to update or revise such
information to reflect new events or circumstances, except as may
be 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.
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SOURCE Hapbee Technologies Inc.