MISSISSAUGA, Ontario, Oct. 06, 2016 (GLOBE NEWSWIRE) — DataWind Inc. (TSX:DW), the leader in delivering Internet access to emerging markets has reorganized its audit committee. Effective immediately, Jerry Tarasofsky will be appointed as chair of the audit committee with Nicky Bearsted and Jon Brockhouse continuing to serve as independent members of the audit committee. Subsequent to the appointment of the new auditor, the board of directors accepted the formal resignation of John Gillberry as a director and former chair of the audit committee.
“We wish to thank John for his dedicated services and assistance to the company since coming public in 2014,” commented Executive Co-Chairman and Chief Technology Officer Raja Tuli. “We wish him well in his future endeavors.”
This press release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend” and similar expressions to the extent they relate to the company or its management. The forward- looking statements are not historical facts, but reflect management’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in the company’s expectations, except as prescribed by applicable securities laws.
No securities regulatory authority has either approved or disapproved the contents of this press release/media advisory.
DataWind, Inc. is a leader in providing affordable mobile Internet connectivity in emerging markets. The company’s patented, cloud-based technology reduces up to 97% the amount of data needed for web browsing, providing a broadband experience on any network — even on legacy 2G networks that are still prevalent in developing countries. DataWind also provides economical smartphones and tablets that come bundled with one year of unlimited Internet access, making it the largest tablet provider in India. DataWind’s unique solution offers broad social and economic benefits for the billions of people around the world for whom an Internet connection was previously out of reach. DataWind is traded on the Toronto Stock Exchange (TSX: DW). For more information, visit www.datawind.com.
CONTACT: Company Contact: Dan Hilton Chief Financial Officer DataWind Inc. +1(613) 277-3266 email@example.com Investor Relations: Michael Koehler Liolios +1(949) 574-3860 DW@liolios.com