LAS VEGAS, NV -- May 2, 2023 -- InvestorsHub NewsWire
-- Trend Innovations Holding, Inc. (OTCQB:TREN)
(“Trend” or the “Company”), a technology holdings company
specializing in acquiring, creating, and developing innovative and
advanced technologies utilizing artificial intelligence (AI) as
well as providing a host of Information Technology consulting
services, today announced that its Board of Directors has appointed
Paul Averill as Trend’s Chief Operating Officer (COO) effective
immediately. Mr. Averill has extensive experience in
building and managing high performance teams that approach market
challenges in creative and innovative ways. His career
includes many executive leadership positions with numerous start-up
companies in the healthcare technologies industry where he is
credited with raising significant capital and growing companies
into attractive acquisition targets.
Trend’s Chief Executive Officer (CEO), Kenneth L. Waggoner, said
of the appointment, “Paul is an accomplished technology and
operations entrepreneur who excels at developing and executing
growth strategies at the highest levels. He will be a
welcome addition to our management team as we begin our mission to
deliver shareholder value to investors by utilizing our signature
AI technology, Avant! AIä,
and other technologies we may acquire to grow Trend’s product
pipeline.”
Mr. Averill has demonstrated results-driven leadership
throughout his career, which is highlighted by his ability to grow
companies into desirable, advanced-stage acquisition
targets. For instance, as President and COO of Sentry
Data Systems, an industry leading, data-driven, specialty PBM
software company, Mr. Averill played an integral role in the
momentous growth and subsequent $400-million acquisition by
Craneware. And as President and CEO of THINC, Inc., he
delivered significant growth for the company and turned a
$9-million-seed investment into a $180-million acquisition by WebMD
after building a first-of-its-kind payer-driven health information
exchange in partnership with the largest greater New York health
plans and hospital association.
Mr. Averill said of his appointment as COO, “I am very fortunate
and excited to have the opportunity to be a part of the Trend
Innovations team, said Paul Averill. I look forward to
helping the company grow and excel operationally with its unique
and powerful AI solutions while always driving the highest levels
of customer service and shareholder value.”
Currently, Mr. Averill is the acting CEO of Wired4Tech, Inc., a
company that offers rapid determination and solution engineering
for business problems that are solved by the efficient use of
technologies. Mr. Averill leads a team that is
responsible for (i) delivering remediation of business and
technology infrastructures and workflows through the application of
custom-built solutions, (ii) automating traditional workflows to
create competitive advantages through efficiency and parallelism,
and (iii) employing the application of AI and data mining to
identify trends and potential challenges.
Additionally, he is the acting President and COO of SOS
Technologies, LLC, the nation’s premier crisis prevention, threat
surveillance, and workplace safety platform. Under Mr.
Averill’s guidance, SOS Technologies has installed the platform in
hospitals, schools, churches, businesses, manufacturers, and
government agencies across the United States.
Prior to his role at SOS Technologies, Mr. Averill founded
Wired4Health, Inc., a full-service healthcare technology services
company focused on data integration, any-to-any data
transformation, technology risk assessment, due diligence,
data-driven customer product implementation and software
development. During his tenure with Wired4Health, the
company implemented data-driven applications for more than 3,000
healthcare organizations and maintained 25,000+ data feeds that
were responsible for supporting 123-million unique patients.
Paul Averill received his Master of Arts from the University of
Wisconsin-Madison and his Bachelor of Arts in Economics also from
the University of Wisconsin-Madison.
About Trend Innovations Holding Inc.
Trend Innovations Holding Inc. (OTCQB:
TREN) is an expert in the field of information technology based
on artificial intelligence. Recently, Trend acquired Avant! AI™ and
InstantFAME™, two technologies operating in multi-billion-dollar
industries. Trend’s “Thy News” application is one of the
Company's key projects. Thy News is a worldwide
application used for processing news from multiple
sources. Thy News was created for users who value their
time but want to keep up with the latest in world
news. The app offers the user the opportunity to create
their own news feeds solely from those sources that are of interest
to them, as well as creating additional news feeds segmented by
topic.
More information about Trend Innovations can be found
at https://trendinnovationsholding.com
Forward-Looking Statements
Certain statements contained in this press release may
constitute “forward-looking statements.” Forward-looking
statements provide current expectations of future events based on
certain assumptions and include any statement that does not
directly relate to any historical or current fact. Actual results
may differ materially from those indicated by such forward-looking
statements as a result of various important factors as disclosed in
our filings with the Securities and Exchange Commission located at
their website ( http://www.sec.gov). In
addition to these factors, actual future performance, outcomes, and
results may differ materially because of more general factors
including (without limitation) general industry and market
conditions and growth rates, economic conditions, governmental and
public policy changes, the Company’s ability to raise capital on
acceptable terms, if at all, the Company’s successful development
of its products and the integration into its existing products and
the commercial acceptance of the Company’s products. The
forward-looking statements included in this press release represent
the Company's views as of the date of this press release and these
views could change. However, while the Company may elect
to update these forward-looking statements at some point in the
future, the Company specifically disclaims any obligation to do
so. These forward-looking statements should not be
relied upon as representing the Company's views as of any date
after the date of the press release.
Contact:
Kenn Kerr, Consulting Manager of Corporate
Communication
Trend Innovations Holding Inc.
news@trendinnovationsholding.com
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