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Nfluence Announces New Chief Operating Officer, New Director and Issuance of Stock Options



Nfluence Analytics Inc

 

September 23, 2021 – TheNewswire - Vancouver, BC – Nfluence Analytics Inc. (“Nfluence" or the “Company”), a Canadian software and predictive analytics technology company, is pleased to announce that Mr. Eolo Parusel has joined the Company as its new Chief Operating Officer to oversee the development and commercialization of its product offerings in Canada, the US and abroad.  Mr. Parusel is a seasoned executive with a background in entrepreneurship, banking, business development, and product management experience and brings a strong track record of team building, product development and delivering SaaS offerings and advanced Enterprise B2B solutions to the marketplace. Mr. Parusel commented, "I am thrilled to be joining the Nfluence team as its Chief Operating Officer to build and support a growing team as we bring this incredible technology to market. I look forward making a meaningful impact to the Nfluence team’s operations, product development and business development efforts to unlock value for our customers, prospects, and shareholders in the weeks and months to come."

 

As part of Mr. Parusel’s executive compensation package, the Company has granted 500,000 incentive stock options to him pursuant to the Company’s’s Stock Option Plan. The options are exercisable for a period of five years from the grant date at a strike price of $0.25 per share.

 

In addition, Nfluence is pleased to announce the expansion of the Company’s Board of Directors with the addition of Ms. Caryn Hederman.  Ms. Hederman is a lawyer by training and runs a US based consulting practice providing expertise and strategic leadership advisory services to policy decision-makers and organizational boards operating in the public sector.

 

Executive Chairman, B. Matthew Hornor commented, “We are very pleased to welcome Caryn to the Nfluence Board of Directors and are grateful for the insights, strategic guidance and support she will provide to the Company moving forward.  Her background and experience advising large US based organizations on both a national and state level will be a tremendous asset to Nfluence as we expand our business into the US marketplace”.

 

As part of Nfluence’s recent Board changes, Mr. Thomas Zengage and Mr. Murray Flanigan have agreed to step down from the Board of Directors of the Company.  We wish to thank Mr. Zengage and Mr. Flanigan for their valuable contributions and support of the Company over the past several years and helping to successfully position the Company to where it is today.  Mr. Flanigan will continue to serve as the Company’s Chief Financial Officer moving forward.

 

On behalf of the Board of Directors of Nfluence Analytics Inc.

 

“Murray G. Flanigan”

 

Murray G. Flanigan CPA, CA, CFA

Chief Financial Officer

 

For further information please contact: Mr. Eolo Parusel

Email: eolo.parusel@nfluenceai.com

Website: www.nfluenceai.com

 

Forward Looking Statements

 

Certain statements made in this new release may constitute forward-looking information under Canadian securities legislation. These statements may relate to anticipated events or results and include, but are not limited to, expectations regarding the terms the Financing and receipt of related regulatory approvals, use of proceeds and other statements that are not historical facts. Particularly, information regarding our expectations of future results, targets, performance achievements, prospects or opportunities is forward-looking information. Often, but not always, forward-looking statements can be identified by the use of forward-looking terminology such as "may" "will", "expect", “intend”, "believe", "estimate", "plan", "could", "should", "would", "outlook", "forecast", "anticipate", "foresee", "continue" or the negative of these terms or variations of them or similar terminology. Forward-looking statements are current as of the date they are made and are based on applicable estimates and assumptions made by us at the relevant time in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable in the circumstances. However, we do not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws in Canada. There can be no assurance that such estimates and assumptions will prove to be correct.

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