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Adcore Inc
Symbol ADCO
Shares Issued 62,696,070
Close 2021-07-27 C$ 1.26
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Adcore appoints Orgil as independent director

2021-07-27 10:34 ET - News Release

Mr. Omri Brill reports

ADCORE ANNOUNCES APPOINTMENT OF NEW DIRECTOR TO ITS BOARD

Adcore Inc.'s board of directors has approved the appointment of Oded Orgil as an independent director of the company. He replaces Jason Saltzman. Mr. Saltzman will continue to act as the company's Canadian legal counsel through law firm Gowling WLG.

Mr. Orgil is: the founder and president of 5X Capital Management; the president of the Canada Israel Chamber of Commerce; and the chief executive officer of Ocean Falls Blockchain Corp. Mr. Orgil was previously the president and chief executive officer of Gravitas Securities Inc. as well as the senior vice-president of Canaccord Genuity.

Omri Brill, chief executive officer of Adcore, stated: "We are very pleased to announce this appointment and would like to thank Jason Saltzman for his valuable service and guidance as an Adcore board member and welcome Oded Orgil to Adcore's board. We believe Mr. Orgil's extensive executive experience and knowledge of the financial industry, combined with his passion for technology and proven track record of driving organizational development, give him perspective that will result in valuable contributions to the company."

Mr. Orgil will also serve on a reconstituted audit committee of the company, together with Ronnie Jaegermann (chair) and Sokhie Puar.

About Adcore Inc.

Adcore is empowering entrepreneurs, advertisers and the future of e-commerce through its advertising management and automation platform. By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising, and monitoring and analyzing the performance of their advertising budget to ensure maximum return on investment. In addition to being named numerous times on Deloitte's Fast 50 Technology list, Adcore is a certified Google Premier partner, Microsoft partner, Facebook partner and TikTok partner.

Established in 2006, the company employs greater than 50 people at its headquarters in Tel Aviv, Israel, and satellite offices in: Melbourne, Australia; Toronto, Canada; and Hong Kong and Shanghai, China.

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