06:44:22 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Fundamental Applications Corp
Symbol FUN
Shares Issued 21,745,068
Close 2016-02-05 C$ 0.30
Market Cap C$ 6,523,520
Recent Sedar Documents

ORIGINAL: Fundamental Applications appoints Moore CEO, director

2016-02-09 07:15 ET - News Release

Received by email:

File: 2016 Feb 9 Fundamental Applications Corp. Announces New CEO.pdf

                FUNDAMENTAL APPLICATIONS CORP. ANNOUNCES NEW CEO
Vancouver, British Columbia, Canada, February 9, 2016 - Fundamental Applications Corp.
("Fundamental" or the "Company") (CSE:FUN, FSE:2FA, OTCQB: FUAPF), a leading developer of
innovative, youth-targeted smartphone applications, announced today the appointment of Mr.
Bradley Moore as Chief Executive Officer and a Director of the Company. Mr. Moore replaces
Mr. Richard Whitehead, former CEO and a former Director of the Company.
Mr. Moore holds an MBA from Royal Roads University and brings 20 years of practical business
leadership experience with Fortune 500 companies, including nine years with Eastman Kodak
(NYSE: KODK), and a strong background in growing internet-based companies. With a proven
track record in surpassing objectives, restructuring and developing businesses, Mr. Moore is
recognized as the next level of management for Fundamental's suite of applications.

"I am excited to join the Company at a time when there is so much opportunity. After my team
completed its due diligence we concluded that we could unlock the value held in the Company's
IP proposition. The Foro app, from its Beta launch last fall, saw overwhelmingly positive response
from students and we are pushing ahead aggressively with our user acquisition strategy,"
comments Mr. Moore. "The Foro app, as our flagship product, creates a perfect foundation of
growth and stability for both Truth and Serum, the Company's other two 100% owned
proprietary products, bringing even greater value to our shareholders.

I would also like to thank Mr. Whitehead for his service and dedication to the Company."

About Fundamental
Fundamental Applications Corp. (CSE:FUN FSE:2FA, OTCQB: FUAPF) designs, develops, markets,
and acquires innovative mobile applications targeted at the "Millennials" generation, people
born in an age of digital technology, internet access, and smart phones. This demographic is an
early adopter of mobile technology, has significant discretionary income, and is lifestyle driven
with a willingness to try new things. Fundamental's three leading mobile platforms are Foro, a
peer-to-peer mobile ecommerce marketplace; Truth, a one-to-one anonymous messaging app
previously listed in the top 100 social networking apps in the Apple App Store; and SerumTM, an
app that enables users to post questions to their friends and receive answers anonymously.
For more information about Fundamental Applications Corp., visit online at
www.FunAppCorp.com, or review the Company's profiles on the SEDAR website
(www.sedar.com) and on the CSE website (www.thecse.com). To schedule an interview, please
contact:
 Bradley Moore
Chief Executive Officer
Telephone: 604.563.4225
Email: info@funappcorp.com
www.FunAppCorp.com
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian
securities legislation concerning the business of Fundamental. Forward-looking information is
based on certain key expectations and assumptions made by the management of Fundamental.
Although Fundamental believes that the expectations and assumptions on which such forward-
looking information is based are reasonable, undue reliance should not be placed on the forward-
looking information because Fundamental can give no assurance that they will prove to be
correct. Forward-looking statements contained in this press release are made as of the date of
this press release. Fundamental disclaims any intent or obligation to update publicly any
forward-looking information, whether as a result of new information, future events or results or
otherwise, other than as required by applicable securities laws.
 


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