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October 21, 2021

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Danavation Technologies Announces Administration Improvements

TORONTO, July 30, 2021 /CNW/ – Danavation Systems Corp. (CSE: DVN) (“Danavation” or the “Firm“), a Canadian-based mostly World-wide-web of Points (IoT) technologies organization and provider of Digital Intelligent LabelsTM or micro e-paper shows, is happy to announce that Mr. Michael Emslie, the Firm’s existing Controller, has been appointed as our long term, comprehensive-time Main Monetary Officer, powerful July 31, 2021. Mr. Emslie assumes the job from Mr. Rob Suttie, who had been serving in the capacity on a contract basis and who will get the job done with Mr. Emslie to make certain a smooth and seamless changeover by way of the stop of July.

Mike Emslie delivers more than 20 years of senior finance knowledge in both the general public and private sectors. He has intensive practical experience in the Enterprise Course of action Outsourcing field, servicing purchasers which include The Ford Motor Enterprise, Workplace Depot and Wayfair. Mr. Emslie has a sturdy finance track record in reporting, controls, tax, audit and fiscal administration. Most not long ago, he held the situation of Vice President of Finance with St. Joseph Communications, Canada’s premier privately owned print, media and communications company. Mike is a CPA, CMA and holds a Bachelor of Commerce diploma from McGill College.

“I am incredibly happy to verify Mike’s appointment as CFO of Danavation, wherever his fiscal acumen and past leadership knowledge will include incredible benefit to our team as we proceed to expand and improve the range of areas and makes benefiting from the set up of our Digital Clever LabelsTM,” mentioned John Ricci, CEO of Danavation. “Mike’s monitor document and qualifications in economical management, controls and reporting are very well aligned with Danavation’s needs. On behalf of Danavation and our Board of Administrators, I wish Rob all the ideal in his long run endeavours and have appreciated his help to date.”

Mr. Suttie joined Danavation to guarantee protection of the Company’s fiscal duties in which his specialization in administration advisory products and services, accounting and money disclosure aided Danavation throughout our go-public course of action. Rob is the existing President of Marrelli Assistance Providers Inc., a company providing accounting, financial reporting and component-time CFO expert services to Canadian providers. &#13

About Danavation

Danavation Systems Corp. is a Canadian-primarily based, Internet of Points (IoT) engineering corporation, supplying micro e-paper shows to corporations throughout North The united states. The Firm’s Electronic Wise Labels™, driven by IoT automation technological innovation and software program Platform-as-a-Assistance (PaaS), allows firms throughout a variety of sectors to automate labelling, cost, product or service, and promotions in serious-time, enhancing details accuracy and increasing functionality by eradicating high labour expenses and minimal productivity related with classic labour-intense workflows. By empowering the adoption of sensible retail, clever towns and industry 4., our intention is to build a sustainable and rewarding business enterprise for shareholders while advancing sound environmental, social and governance procedures, including by substantially decreasing paper usage. Danavation has introduced its answer to suppliers throughout North The us, which include huge box and boutique grocers, whilst also concentrating on new marketplaces which includes healthcare vendors, producing, and logistics firms. Understand much more about the track record of Danavation and our eyesight for the potential on our web site. As effectively, adhere to us on LinkedIn, Instagram, Twitter and YouTube for much more updates on how we are reworking the retail landscape.  

Ahead-Looking Details

This news launch contains aheadwanting statements and forwardhunting facts within the this means of applicable securities regulations. These statements relate to potential gatherings or long run overall performance. All statements other than statements of historical actuality may perhaps be forwardhunting statements or information. More specifically and devoid of limitation, this news launch is made up of aheadwanting statements and details relating, the potential organization of the Enterprise, probable roll outs of the Company’s merchandise and products and services, further organization from the Company’s customers, marketplace outlook and likely and other matters. The forwardhunting statements and info are based mostly on specified crucial expectations and assumptions created by administration of the Organization. Despite the fact that management of the Business believes that the anticipations and assumptions on which these types of forward-hunting statements and facts are dependent are realistic, undue reliance must not be placed on the aheadsearching statements and facts considering that no assurance can be supplied that they will establish to be suitable.

Ahead-on the lookout statements and details are furnished for the purpose of delivering data about the existing anticipations and programs of administration of the Corporation relating to the long term. Visitors are cautioned that reliance on this sort of statements and info could not be ideal for other reasons, these types of as producing financial investment selections. Considering that forwardsearching statements and details deal with potential situations and ailments, by their quite mother nature they include inherent threats and uncertainties. Real final results could differ materially from individuals now predicted owing to a range of variables and hazards. Appropriately, viewers should really not place undue reliance on the aheadsearching statements and data contained in this information launch. Readers are cautioned that the foregoing record of elements is not exhaustive. The aheadwanting statements and information and facts contained in this news release are made as of the day hereof and no enterprise is provided to update publicly or revise any aheadhunting statements or info, irrespective of whether as a outcome of new information, future situations or usually, unless so essential by applicable securities rules. The forward-looking statements or data contained in this information release are expressly qualified by this cautionary assertion.&#13

Neither the Canadian Securities Exchange nor its Regulation Solutions Service provider (as that time period is outlined in the insurance policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or precision of this launch.

Source Danavation Systems Corp.