BOARDWALKTECH EXPANDS ADVISORY BOARD WITH JEFF EVANS, FORMER EVP WALMART

Rhea-AI Summary

Boardwalktech Software Corp. (BWLKF) has announced the appointment of Jeff Evans, former EVP at Walmart, to its Advisory Board. This addition follows the recent inclusion of three other experienced advisors, enhancing the company's strategic guidance. Jeff Evans brings over 30 years of leadership experience in retail, aiming to leverage Boardwalktech's Digital Ledger Platform for growth in various sectors, including retail and financial services. CEO Andrew T. Duncan emphasized the importance of this advisory board in expanding into new markets and acquiring new customers. Boardwalktech's technology is aimed at enhancing enterprise data management efficiency.

Positive

• Addition of Jeff Evans to the Advisory Board, enhancing strategic expertise.
• Strengthening of the advisory team with experienced members from various industries.
• Focus on expanding into new markets and acquiring new customers.

Negative

• No significant negatives reported.

Boardwalktech Looks to Leverage Illustrious Advisory Team to Guide and Expand Growth

CUPERTINO, Calif., Feb. 2, 2023 /PRNewswire/ - (TSXV: BWLK) (OTCQB: BWLKF) Boardwalktech Software Corp ("Boardwalktech" or the "Company"), the leading Digital Ledger platform and enterprise software applications company, is pleased to announce it has added Jeff Evans, former EVP at Walmart to its corporate Advisory Board. Jeff's expertise includes over 30 years of P&L Leadership with broad category and merchandising experience both at Walmart and several other leading retailers. Jeff joins an already seasoned group of Boardwalktech advisory board members, of whom three have joined within the last year, including:

• Ryan Tweedie, Strategic Advisor to the Global CIO at Accenture;
• Drue Freeman, Independent Board Member, former President of ACG Silicon Valley and longtime semiconductor company executive;
• Marc LaCarrubba, former senior leader at EY and current CTO at Humantelligence, Inc.; and,
• Don Haderle, former IBM Fellow known as "the father of DB2".

"Boardwalktech looks to leverage the expertise, experience, and industry networks that this terrific advisory board brings to the entire Boardwalktech team, as we look to expand into new markets and add new customers.  This group of advisors focuses across multiple areas including technology, marketing and sales, and serves as a great resource for us to draw upon as we continue to rapidly grow and expand as we deliver great solutions to the market on our Digital Ledger Platform," said Andrew T. Duncan, CEO of Boardwalktech. "It is an honor to welcome Jeff, and our other members, to our advisory board who have already provided a plethora of knowledge and expertise as we continue to pursue opportunities in the retail sector."

"I am excited to join the Advisory Board for Boardwalktech. I have been looking for innovative partners in the technology sector that are actually solving problems that companies are facing today. Boardwalktech's Digital Ledger Platform is certain to make an impact across many industries including retail, CPG and financial services" said Jeff Evans, former EVP at Walmart. 

About Boardwalktech Software Corp.

Boardwalktech has developed a patented Digital Ledger Technology Platform currently used by Fortune 500 companies running mission-critical applications worldwide. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms. Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America. For more information on Boardwalktech, visit our website at www.boardwalktech.com.

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in the Company's filing statement dated May 30, 2018. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

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

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SOURCE BoardwalkTech

FAQ

What impact will Jeff Evans' appointment have on Boardwalktech (BWLKF)?

Jeff Evans' expertise is expected to enhance strategic guidance and facilitate expansion into new markets, benefiting Boardwalktech's growth.

Who else has joined the Advisory Board of Boardwalktech recently?

In addition to Jeff Evans, recent members include Ryan Tweedie, Drue Freeman, and Marc LaCarrubba, all bringing valuable experience.

What is the focus of Boardwalktech's Digital Ledger Platform?

Boardwalktech's Digital Ledger Platform aims to improve data management efficiency and collaboration across industries such as retail and financial services.

When was the announcement made regarding Jeff Evans joining Boardwalktech?

The announcement was made on February 2, 2023.

What is the significance of Boardwalktech's Advisory Board expansion?

The expansion aims to leverage industry expertise for better market penetration and customer acquisition.