AI/ML Innovations Announces New Board Member

Rhea-AI Summary

AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF) announced the appointment of Mr. Nicholas Watters to its Board of Directors, effective July 16, 2021. Watters brings extensive corporate governance experience and has previously raised nearly $260 million for startups in various industries. AI/ML focuses on artificial intelligence and machine learning technologies, particularly in digital health. The company aims to enhance stakeholder value through strategic partnerships and investments.

Positive

• Appointment of Nicholas Watters adds significant corporate governance experience.
• Watters' track record includes raising nearly $260 million for startups, potentially beneficial for future fundraising.

Negative

• Concerns regarding the continuity of leadership experience with the introduction of a new board member.

MOUNT VERNON, NY / ACCESSWIRE / July 19, 2021 / AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF) ("AIML" or the "Company"), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, reports that effective Friday July 16, Mr. Nicholas (Nick) Watters of Victoria, B.C. has joined the Board of Directors.

Mr. Watters is and has been a Director of several Public Companies and brings an extensive record of Corporate Governance experience to AI/ML Industries. Mr. Watters is a co-founder of several successful early stage start up enterprises. He has been an integral part of raising nearly $260 million for start-up and development opportunities in his career in a wide variety of sectors including mining, high-tech and the biotech industries. Mr. Watters is currently Business Development for East Africa Metals Inc. as well as serving as Director several to other Public Companies. He has been the President of his own private investment vehicle, Talisman Venture Partners since 1999.

About AI/ML Innovations Inc.

AI/ML Innovations Inc. has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence (AI) and machine learning (ML), with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. Through strategic partnerships with Health Gauge, Tech2Health and other planned accretive investments, the Company continues to capitalize on expanding growth areas, to the benefit of all the Company's stakeholders. AI/ML's shares are traded on the Canadian Securities Exchange under the symbol "AIML" and on the OTCQB Venture Market under "AIMLF".

On behalf of the Board of Directors

Tim Daniels, Executive Chairman

For more information about AI/ML Innovations:

For detailed information please see AI/ML's website at https://aiml-innovations.com/

or the Company's filed documents at www.sedar.com.

For further information: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com.

Presentations:

Investor slidedeck: https://aiml-innovations.com/wp-content/uploads/2021/01/AIML-mini-1-21.pdf

Corporate video: https://www.youtube.com/watch?v=k2QSjo7clXc&feature=youtu.be

Official YouTube Channel: https://www.youtube.com/channel/UCCfOj2P_Fu3TOK6Jl1G9vEQ

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cautionary and Forward-Looking Statements

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including but not limited to, the uncertainty of competition by other industry players, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals and the ability to raise additional capital as may be needed in the future. Readers are cautioned that the assumptions used in preparing such information, although considered reasonable at the time of preparation, may prove imprecise and undue reliance should not be placed on forward-looking statements. Forward-looking statements in this press release are expressly qualified by this cautionary statement.

The forward-looking statements in this press release are made as of the date of this press release, and the Company undertakes no obligations to update publicly or to revise any of the included forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable securities law.

SOURCE: AI/ML Innovations Inc.

View source version on accesswire.com:
https://www.accesswire.com/655979/AIML-Innovations-Announces-New-Board-Member

FAQ

Who is Nicholas Watters and what is his role at AIML?

Nicholas Watters has joined the Board of Directors of AI/ML Innovations Inc. as of July 16, 2021, bringing extensive corporate governance experience.

What experience does Nicholas Watters bring to AIML?

Watters has a background in raising nearly $260 million for startups across various sectors, including mining, high-tech, and biotech.

What is the significance of Watters' appointment for AIML's future?

His appointment may enhance fundraising efforts and strategic direction for AI/ML Innovations, particularly in the AI and machine learning sectors.

How does AI/ML Innovations aim to capitalize on AI and ML technologies?

The company focuses on investing in emerging digital health and wellbeing companies that utilize AI and ML for transformative healthcare solutions.

Where can I find more information about AI/ML Innovations?

Additional information can be found on their website at https://aiml-innovations.com/.