06:58:30 EDT Mon 06 May 2024
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Tevano Systems appoints Brown as CEO

2024-04-10 10:00 ET - News Release

Mr. Stephen Brown reports

Tevano Systems Holdings Inc. has appointed Stephen Brown as chief executive officer (CEO). Mr. Brown will continue to serve as chief financial officer until the company completes the appointment of its permanent CFO, expected within the next 60 days.

"I am very pleased to welcome Stephen as my successor," commented David Bajwa, outgoing CEO of Tevano. "The talent Stephen brings in business execution and his extensive experience in senior public markets will benefit Tevano in delivering its business strategy."

Mr. Brown's entrepreneurial background has led to numerous business successes. Vidnet became a top on-line entertainment company, streaming over five million videos per month, providing content for companies such as British Telecom, Microsoft, Disney and many more. Mr. Brown developed industry alliances with brands including Sony Music, Warner Bros and EMI, providing one of the world's largest on-line video catalogues. Vidnet went public on Nasdaq, reaching a market cap in excess of $500-million.

In addition to Mr. Brown's experience in senior public markets, his involvement in numerous technology companies and projects will further enhance future opportunities for Tevano.

The company would also like to thank Mr. Bajwa for his continued dedication to the company, as Mr. Bajwa will remain a director and focus on business development.

"The first job at hand is to bring the company current, including the audit, along with Q1 and Q2, whilst locating a new CFO that will have a substantial background in the public market and to work side by side with myself, and to help build the company and its renewed vision," said Mr. Brown.

About Tevano Systems Holdings Inc.

The company is focused on developing cutting-edge technologies that address environmental challenges and promote sustainability. Tevano is committed to delivering high-quality, reliable solutions that meet the evolving needs of its clients worldwide.

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