09:46:27 EDT Thu 30 May 2024
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Ciscom Corp
Symbol CISC
Shares Issued 53,563,831
Close 2024-05-14 C$ 0.10
Market Cap C$ 5,356,383
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Ciscom appoints Valov, Lautens as directors

2024-05-15 12:48 ET - News Release

Mr. Michel Pepin reports


Ciscom Corp. has appointed Angel V. Valov and Stephen Lautens to its board of directors, effective immediately.

"We are delighted to add Angel Valov and Stephen Lautens to our board," said Paul Gaynor, chair of the board. "Both Stephen and Angel add strength, knowledge and valuable experience to Ciscom through their extensive work at senior levels of public companies. Mr. Valov is a finance professional with over 15 years of experience in all aspects of risk management and institutional money management including with Canada's largest hedge fund manager. Mr. Lautens has worked internationally at the executive level and has participated in the successful development, growth and sale of a number of public companies."

Stephen Lautens, JDStephen Lautens has extensive experience as a senior executive in communications, business development and investor relations roles. He has been a key member of management during the growth and successful sale of public and private corporations. Stephen left his private law practice to become Vice President - Business Development of The Workflow Automation Corporation ("WFA"), a software company with middleware solutions for banks, government, major corporations, and other software vendors. WFA was sold BEA Systems/Oracle. Stephen was also one of the founders of Internet Incubation Inc., a technology incubator for innovative startups.

In 2005, Stephen joined Inter-Citic Minerals, a TSX-listed gold exploration company with a major project in China, as its Vice President - Corporate Communications. Inter-Citic was then sold to Western Mining Group Co. Ltd. (PRC) for $260 million. Stephen then joined as Vice-President, Corporate Affairs, Angkor Resources Corp, a TSXV-listed oil and gas exploration company operating in Cambodia.

Stephen has been a Governor of Canada's National Newspaper Awards for over 15 years and in 2010 founded a Canadian registered charity that supports, among other causes, microfinance for women entrepreneurs in the developing world. He has been honoured with the Freedom of the City of London (UK) and the Queen Elizabeth II Diamond Jubilee Medal. He has served as president of the Toronto Press Club, the National Club, and the Lawyers Club.

Angel V. Valov, Ph.D, MScAngel V. Valov is a finance professional with extensive experience in all aspects of institutional money management. He is an accredited, high net worth investor and proprietary trading specialist with intricate knowledge of the North American capital markets. Since 2014, he has managed and invested in equity distributed across several trading strategies and thematic investment ideas (in addition to accredited investments) and supported by proprietary technology infrastructure.

Mr. Valov has worked as Risk Manager at Polar Asset Management Partners Inc. where he supported portfolio managers in areas of portfolio composition, portfolio liquidity, risk attribution/diversification/concentration and hedging. Previously, he worked as Manager, Risk Analytics, Global Risk Management for the Scotiabank and Analyst, Model Risk and Vetting for the Bank of Montreal. Over the years, Angel has served on a number of corporate boards, including a TSXV-listed technology company. He holds a Ph.D. in Applied Mathematics and an MSc in Statistics and is the author of numerous scholarly publications on mathematical modeling and recipient of several academic awards.

"Angel and Stephen add significant bench strength to Ciscom's board with their experience in public markets and growth of shareholder value," said Michel Pepin, Ciscom's President & CFO. "We look forward to working with them to continue to grow our portfolio of profitable companies in the Information and Communication Technology sector."

Ciscom also wishes to announce the resignation effective immediately of Julia Robinson from her role as a non-executive director, citing professional and personal priorities. The Company expresses its sincere gratitude to Ms. Robinson for her many contributions, and the impact she has made during her tenure with Ciscom. The Company wishes her ongoing success in her endeavours.

About Ciscom Corp.

Ciscom actively invests in, acquires, and manages market leading companies within the Information and Communication Technology (ICT) sector, targeting SMEs with proven profitability. This approach allows entrepreneurs to monetize their equity and continue contributing, enhancing shareholder value through acquisitions. As a leader in omni-media, particularly in data-driven marketing, Ciscom, through its subsidiaries, optimizes advertising spend across platforms, ensuring high ROI and customer engagement. Strategic ICT acquisitions bolster service offerings and shareholder value, marking Ciscom as an emergent force in the data driven and technology market. Ciscom became an issuer in June 2023 on the CSE and October 2023 on the OTCQB. Ciscom has two subsidiaries, namely Market Focus Direct and Prospect Media Group.

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