Novra Announces Board and Officer Changes
Novra Technologies Inc. (TSXV: NVI) announced changes following the retirement of Peter J. Wintemute from its Board of Directors. Wintemute served as Director, Chair, and audit committee chair from June 20, 2003, until August 22, 2024. In response, the Board elected Harris Liontas as its new Chair. Additionally, Dr. Moe Barakat was appointed as a new Director effective September 1, 2024.
Dr. Barakat, an accomplished entrepreneur and business leader in wireless communication and information systems, brings extensive experience to Novra's Board. He previously held positions with Novra as its first President & CEO (2000-2001) and as a Director (2000-2006). The company expects his expertise to contribute significantly to their strategy of meeting customers' emerging needs through innovation and superior service.
Novra Technologies Inc. (TSXV: NVI) ha annunciato cambiamenti a seguito del pensionamento di Peter J. Wintemute dal suo Consiglio di Amministrazione. Wintemute ha ricoperto il ruolo di Direttore, Presidente e presidente del comitato audit dal 20 giugno 2003 fino al 22 agosto 2024. Di conseguenza, il Consiglio ha eletto Harris Liontas come nuovo Presidente. Inoltre, Dr. Moe Barakat è stato nominato come nuovo Direttore con effetto dal 1 settembre 2024.
Il Dr. Barakat, un imprenditore di successo e leader nel settore delle comunicazioni wireless e dei sistemi informatici, porta una vasta esperienza al Consiglio di Novra. In precedenza ha ricoperto posizioni in Novra come primo Presidente & CEO (2000-2001) e come Direttore (2000-2006). L'azienda si aspetta che la sua esperienza contribuisca in modo significativo alla loro strategia di soddisfare le esigenze emergenti dei clienti attraverso innovazione e un servizio superiore.
Novra Technologies Inc. (TSXV: NVI) anunció cambios tras la jubilación de Peter J. Wintemute de su Junta Directiva. Wintemute ocupó el cargo de Director, Presidente y presidente del comité de auditoría desde el 20 de junio de 2003 hasta el 22 de agosto de 2024. En respuesta, la Junta eligió a Harris Liontas como su nuevo Presidente. Además, el Dr. Moe Barakat fue nombrado nuevo Director con efectos a partir del 1 de septiembre de 2024.
El Dr. Barakat, un empresario destacado y líder empresarial en comunicación inalámbrica y sistemas de información, aporta una amplia experiencia a la Junta de Novra. Anteriormente ocupó cargos en Novra como su primer Presidente & CEO (2000-2001) y como Director (2000-2006). La empresa espera que su experiencia contribuya significativamente a su estrategia de satisfacer las necesidades emergentes de los clientes a través de la innovación y un servicio superior.
Novra Technologies Inc. (TSXV: NVI)는 Peter J. Wintemute의 이사직 은퇴에 따른 변화를 발표했습니다. Wintemute는 2003년 6월 20일부터 2024년 8월 22일까지 이사, 의장 및 감사위원회의 의장으로 활동했습니다. 이에 따라 이사회는 Harris Liontas를 새로운 의장으로 선출했습니다. 또한 Dr. Moe Barakat가 2024년 9월 1일부터 새로운 이사로 임명되었습니다.
Barakat 박사는 무선 통신 및 정보 시스템에서 성공적인 기업가이자 비즈니스 리더로, Novra의 이사회에 넓은 경험을 제공합니다. 그는 이전에 Novra에서 첫 번째 회장 겸 CEO(2000-2001) 및 이사(2000-2006)로 재직한 바 있습니다. 회사는 그의 전문성이 고객의 새로운 요구를 혁신과 우수한 서비스를 통해 충족하는 전략에 크게 기여할 것으로 기대하고 있습니다.
Novra Technologies Inc. (TSXV: NVI) a annoncé des changements suite à la retraite de Peter J. Wintemute de son Conseil d'Administration. Wintemute a été Directeur, Président et président du comité d'audit du 20 juin 2003 au 22 août 2024. En réponse, le Conseil a élu Harris Liontas comme nouveau Président. De plus, Dr. Moe Barakat a été nommé nouveau Directeur à compter du 1er septembre 2024.
Le Dr Barakat, entrepreneur accompli et leader dans le domaine de la communication sans fil et des systèmes d'information, apporte une vaste expérience au Conseil de Novra. Il a précédemment occupé des postes dans Novra en tant que premier Président & CEO (2000-2001) et en tant que Directeur (2000-2006). L'entreprise s'attend à ce que son expertise contribue de manière significative à leur stratégie visant à répondre aux besoins émergents des clients grâce à l'innovation et à un service supérieur.
Novra Technologies Inc. (TSXV: NVI) hat Änderungen nach dem Rücktritt von Peter J. Wintemute aus seinem Vorstand angekündigt. Wintemute war vom 20. Juni 2003 bis zum 22. August 2024 als Director, Vorsitzender und Vorsitzender des Prüfungsausschusses tätig. In Reaktion darauf wählte der Vorstand Harris Liontas zu seinem neuen Vorsitzenden. Darüber hinaus wurde Dr. Moe Barakat zum neuen Direktor ernannt, dessen Amtszeit am 1. September 2024 beginnt.
Dr. Barakat, ein erfolgreicher Unternehmer und Geschäftsmann im Bereich der drahtlosen Kommunikation und Informationssysteme, bringt umfassende Erfahrung in Novras Vorstand ein. Zuvor war er als erster Präsident & CEO (2000-2001) und als Direktor (2000-2006) bei Novra tätig. Das Unternehmen erwartet, dass seine Expertise erheblich zu ihrer Strategie beiträgt, die auf die sich entwickelnden Bedürfnisse der Kunden durch Innovation und überlegenen Service eingeht.
- Appointment of experienced Dr. Moe Barakat as new Director, bringing expertise in wireless communication and information systems
- Continuity in leadership with Harris Liontas, current CEO, assuming the role of Board Chair
- Retirement of long-serving Board member Peter J. Wintemute, potentially losing valuable experience and insight
Winnipeg, Manitoba--(Newsfile Corp. - September 6, 2024) - Novra Technologies Inc. (TSXV: NVI) ("Novra" or the "Company") today announced changes following the retirement of Mr. Peter J. Wintemute from its Board of Directors.
Mr. Wintemute served as a Director on Novra's Board, as its Chair, and as chair of its audit committee, from June 20, 2003 until his retirement August 22, 2024. Harris Liontas, CEO, stated, "I would like to personally thank Peter for the expertise, insight and dedication he brought to our Board and to our organization as a whole. His positive impact has been felt both internally and by our shareholders. He has been instrumental in Novra's growth and strategic expansion - helping to build it into a global business providing technology, applications and services for distribution of broadband audio, video and data via satellite and IP networks. I am also extremely grateful for his probing questions, wise advice and good guidance over the years and I wish him very well in his retirement."
In response to Mr. Wintemute's retirement, Novra's Board has elected Mr. Liontas to serve as its new Chair. Ms. Patricia Gair has previously assumed the position of EVP, Business Operations for the Novra Group of companies, relinquishing her role as a corporate officer of Novra.
Novra is pleased to welcome Dr. Moe Barakat, B. Sc.E.E., M. Sc. E.E., Ph.D. as a new Director. He was appointed by the Board effective September 1, 2024, to fill the vacancy created by Mr. Wintemute's retirement. Dr. Barakat is an accomplished entrepreneur and business leader, who focuses on wireless communication and information systems. He was the co-founder and President of InfoMagnetics Technologies (IMT) from 1991 to 2000 and Chairman of its Board from 1991 to 2020, as well as the co-founder CEO of SpectraWorks Inc., and the chairman of IMT Communications Systems Inc. He has also held leadership, advisory and academic roles with other prestigious organizations, including National Research Council of Canada, TRLabs Inc., International Organization for Standardization (ISO), National Research Council of Canada, and University of Manitoba. Dr. Barakat also previously held positions with Novra as its first President & CEO (2000 - 2001) and a Director on Novra's Board from 2000 to 2006.
"We are thrilled to welcome Moe back to Novra's Board of Directors. He brings experience founding and growing multiple successful technology companies and expertise in areas directly applicable to our business. We look forward to his impact as we execute our strategy to meet customers' emerging needs through innovation, agility and superior customer service," stated Harris Liontas, CEO.
About Novra Technologies Inc.:
Novra (TSXV: NVI) (OTCQB: NVRVF) is an international technology provider of products, systems and services for the distribution of multimedia broadband content. The Novra Group of companies includes Novra Technologies Inc, International Datacasting Corporation, and Wegener Corporation. The companies in the group are known for a strong focus on applications, including: broadcast video and radio, digital cinema, digital signage, and highly reliable data communications.
For more information visit: www.novragroup.com
Forward-Looking Statements:
This press release contains "forward-looking statements" within the meaning of applicable Canadian securities laws, concerning but not limited to: our profitability outlook, the pending acquisition of Wegener, and anticipated developments in our operations in future periods. Forward-looking statements are generally identifiable by words such as "expect", "anticipate", "believe", "intend", "estimate", "predict", "outlook", "opportunity", "momentum", "potential", "targeted", "plans" "possible", "positive indication for", "look forward to", "getting ready to", "is starting to",and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. As such, forward-looking statements are not historical facts but reflect our current assumptions and expectations regarding future events. These are subject to a number of risk and uncertainties that could cause actual results or events to differ materially from current expectations and assumptions.
For the above reasons, readers are cautioned not to place undue reliance on forward-looking statements.
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.
# # #
CONTACT FOR NOVRA:
Harris Liontas
CEO
+1 204 989 4632
hliontas@novra.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222553
FAQ
Who is the new Chair of Novra Technologies Inc. (TSXV: NVI) Board of Directors?
When did Dr. Moe Barakat join Novra Technologies Inc. (TSXV: NVI) as a new Director?
What is Dr. Moe Barakat's background and how does it relate to Novra Technologies Inc. (TSXV: NVI)?
How long did Peter J. Wintemute serve on the Board of Novra Technologies Inc. (TSXV: NVI)?
