01:48:16 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Plymouth Rock Technologies Inc
Symbol PRT
Shares Issued 92,997,461
Close 2023-05-09 C$ 0.095
Market Cap C$ 8,834,759
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Plymouth Rock appoints Parrin as CFO; Gardner resigns

2023-05-16 17:55 ET - News Release

Mr. Philip Lancaster reports

PLYMOUTH ROCK TECHNOLOGIES ANNOUNCES NEW CFO KAREN MAE PARRIN AND IDEPLOYER UPDATE

Karen Mae Parrin will assume the role responsibilities of Plymouth Rock Technologies Inc.'s new chief financial officer (CFO). The board of directors has also accepted the resignations of Carl Cagliarini from the board and Sue Gardner as the company's CFO.

Ms. Parrin specializes in corporate finance, primarily focused on public companies with a concentration on consolidation, cross-border transactions and compliance. Her industry experience includes mining, manufacturing, renewable energy power generation, real estate, construction, software and technology.

She is a certified public accountant in the Philippines and is currently pursuing the chartered professional accountant (CPA) designation in British Columbia, Canada. She holds a master of science in finance (2017) and a bachelor of science in business administration and accountancy (2011) from the University of the Philippines.

"I am excited to work closely with Karen as our new CFO," shared Phil Lancaster, chief executive officer and president of Plymouth Rock. "Karen brings a great deal of knowledge to this critical role for the business, and being based in Canada allows for easier engagement in face-to-face discussions with our leadership team and board. I'd also like to thank Carl and Sue for their contributions to the company and board of directors."

Further to press release dated April 19, 2023, Plymouth Rock has embarked on a new three-pronged service offering, including: (i) drone management and monitoring; (ii) automation and integration; and (iii) drone base station infrastructure and technology. The company has already begun working with iDroneImages (iDeployer) on its drone base station technology at last week's Governor's Hurricane Conference in West Palm Beach, Fla.

Plymouth Rock has begun discussions with others within the space around drone design and development, as well as automation of flight planning and integration of sensor technologies and stand-alone solar power source for remote base station and surveillance services. The company anticipate announcements around these additional partnership efforts in the coming weeks and months.

About Plymouth Rock Technologies Inc.

Plymouth Rock designs and manufactures purpose-built multirotor UAS, utilizing artificial intelligence, cutting-edge sensors and the latest dual-camera modules as the standard, offering thermal capabilities alongside high-definition real-time air-to-ground streaming, with the ability to mount multiple, various sensors, modules and payloads.

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