Toronto, Ontario--(Newsfile Corp. - November 15, 2019) - Zonetail Inc. (TSXV: ZONE) (the "Company" or "Zonetail") announces that Errol Farr, Zonetail's Chief Financial Officer, has joined Zonetail's Board of Directors.
Mr. Farr is a seasoned financial professional with over 35 years of experience in financial management and reporting, operations, business optimization and strategy development. In addition to being Zonetail's CFO, Errol is currently is CFO and Corporate Secretary of three other TSX-V listed companies and a former member of the board of directors of Adex Mining Inc. and Flexwork Properties Inc.
Errol's appointment to the board coincides with the accepted resignation of Adam Topp from the board.
Mr. Topp stated, "Unfortunately, given my time constraints and distance from Toronto, I am not able to devote the time necessary to fulfill my obligations to the Board and Zonetail in a manner that I believe is sufficient."
Mark Holmes, President and CEO of the Company, said, "We respect Adam's decision, and we certainly thank him for all he has done for the Company. We wish him the best of luck in his future endeavors." Holmes went on to say, "We are pleased that Errol Farr, has accepted the position on the Board of Directors to replace Mr. Topp. Having someone with Errol's experience and abilities will be a great addition to the board, and we welcome him."
Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.
Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.
For more information, please visit https://www.zonetail.com.
Zonetail trades under the symbol "ZONE" on the Toronto Venture Stock Exchange.
Zonetail Press Contact
Mark Holmes, President and CEO Zonetail Inc.
Telephone: (416) 583-3773 ext. 228 email@example.com
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the closing of the Private Placement or the use of proceeds of the Private Placement. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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