YDX Appoints Jamil Garcia as CFO
VANCOUVER, B.C. – TheNewswire - July 22, 2019 - YDX Innovation Corp (TSXV:YDX) (OTC:YDRMF) (FSE:A2PB03) (“YDX” or the “Company”) has appointed Mr. Jamil Garcia as its Chief Financial Officer, replacing Mr. Eli Dusenbury. Mr. Dusenbury has resigned as CFO, in order to pursue other professional and personal interests.
With over 20 years of working experiences mainly in multinational companies (with subsidiaries in Brazil and Latin America) over a wide range of public companies, Mr. Garcia has gained in-depth understanding of business operations, restructuring – business redesign, control environments and strategic business decision-making, which provide a unique balance between both operational and accounting perspectives to resolve complex technical accounting, reporting and auditing issues.
Daniel Japiassu, CEO of YDX Innovation, said: “We are delighted to welcome Jamil to the YDX Family. His expertise and strong financial track record will be of significant to YDX as we continue to grow. He has worked in much larger corporations, with operations in multiple countries and that will be a key factor as we continue to expand and prepare for a new phase of the Company.
On behalf of the Board and the team, I would like to thank Eli for his contribution since 2017. I wish him success in this new chapter.”
About Jamil Fernando Garcia
Jamil Garcia has more than 23 years of experience in auditing, manufacturing and technology industry with extensive expertise in finance, accounting, treasury, strategy and business development. He has held a number of executive finance roles at international corporations including Prosegur - PSG: SM Madrid Stock Exchange - (Financial Director of Prosegur do Brasil), Neoris – subsidiary of CEMEX S.A.B. – NYSE: CX – (CFO Neoris do Brasil) and Philips Electronics N.V. - Koninklijke Philips N.V. - AMS: PHIA (Regional Business Controller of Philips Latin America), with activity in various areas such as credit, treasury and controllership, involving daily relations with Latin American countries, global centers in The Netherlands, Hong Kong, France and The United States. He currently resides in Vancouver, Canada.
About YDX Innovation
YDX Innovation Corp. (TSXV- YDX :: www.ydxinnovation.com) is a technology company that develops products and services and is an expert in immersive technologies like Augmented and Virtual Reality, eSports events and Interactive Exhibitions.
Currently three divisions are part of the YDX Family:
Arkave VR Arena – https://sales.arkavevr.com/ - a gaming platform that brings the most immersive Virtual Reality experience to Location Based venues with a highly scalable business model.
Arkave VR has five Arenas in the United States, a flagship store being built in Canada and is being sold through a network of distributors that will focus on the thousands of Family Entertainment Centres throughout North America, in constant search for innovative attractions.
YDreams Global – www.ydreamsglobal.com – have developed over 1,300 interactive experiences for clients all over the world such as Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes-Benz, Coca-Cola, Santander, AmBev, Qualcomm, Unilever, City of Rio and Fiat.
Game On Festival – www.gameonfestival.com – is a new event under development by the Company that combines eSports Tournaments with a large Interactive Exhibition about the videogame industry and its history.
Director and CEO
Neither 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.
This communication contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding our current and future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations as well as a list of risk factors that we deem relevant are disclosed in the documents we file from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on our current assumptions, estimates and opinions and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. We do not undertake any obligation to update forward-looking statements should our assumptions, estimates or opinions change, other than as required by law and readers are advised not to place undue reliance on forward-looking statements.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward‐looking statements”. Forward‐looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.