High Wire Networks Hires EVP of Finance to Accelerate Uplist to Nasdaq
High Wire Networks has appointed Chris Sorensen as the Executive Vice President of Finance, enhancing its financial controls and compliance. Sorensen, with 13 years at Treehouse Foods, is tasked with implementing Sarbanes-Oxley Act compliance and preparing for the company’s uplisting to a national exchange. Previously known as Spectrum Global Systems, High Wire has successfully changed its name and is awaiting a ticker symbol update. The leadership change aims to support the company's growth trajectory amidst ongoing industry demands.
- Appointment of Chris Sorensen brings extensive financial experience to the team.
- Focus on enhancing financial controls and Sarbanes-Oxley compliance to bolster investor confidence.
- Leadership change aims to facilitate the company's anticipated uplisting to a national exchange.
- Concerns about continuity and potential experience gaps in the executive team during the transition.
Chris Sorensen named Executive Vice President of Finance to Bolster Financial Controls and Compliance
BATAVIA, IL, Sept. 28, 2021 (GLOBE NEWSWIRE) -- High Wire Networks Inc. (the “Company” or "High Wire") (OTCQB: SGSI), a leading global technology systems integrator and managed cybersecurity solutions provider, has added former Treehouse Foods, Inc. Director of Financial Analytics to its growing team. Sorensen worked at Treehouse for 13 years.
Earlier this month, the Company, formerly known as Spectrum Global Systems Inc. (SGSI), successfully filed a name change with the Security and Exchange Commission (SEC), to HWN, Inc., and awaits a ticker symbol change.
Top on Sorensen’s list is to implement additional financial controls such as Sarbanes-Oxley Act (SOX compliance), the annual audit for public companies to provide proof of accurate and secure financial data and reporting.
“Finding a proven finance leader to join us has been a top priority in order to strengthen our executive team with the competencies to grow quickly,” said Chief Financial Officer Dan Sullivan. “Chris’s broad experience is a perfect match to support continued growth as we set our expectations of uplisting to a national exchange.”
“I am excited to join the team when there’s good momentum to get the Company uplisted,” added Sorensen. “I am committed to seeing this to fruition in the coming months.”
About High Wire Networks
For 20 years, High Wire Networks has been a trusted partner to VARs, MSPs, distributors, integrators, manufacturers, and telecom providers by enabling them to minimize overhead while extending delivery capabilities around the world. Our flexible workforce delivers vendor-agnostic technical field, professional and security services in more than 180 countries. Our services include design, installation, configuration, and support for unified communications, wired and wireless networks, cabling and infrastructure, and electrical systems. Our award-winning Overwatch Managed Security Platform-as-a-Service enables our partners to deliver comprehensive cybersecurity that’s easy to sell and easy to buy for an affordable subscription. We also offer a variety of on-demand, rapid-response solutions with service levels ranging from two hours to the next business day for onsite break-fix and remote technical support. With High Wire Networks, partners Get Work Done. For more information about the Company and its technologies visit the Company’s public filings at www.SEC.gov or the Company’s website at http://www.highwirenetworks.com/
Forward-Looking Statements:
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as “anticipate,” “appear,” “believe,” “could,” “estimate,” “expect,” “hope,” “indicate,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “project,” “seek,” “should,” “will,” “would,” and other variations or negative expressions of these terms, including statements related to expected market trends and the Company’s performance, are all “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.
Investor Relations
Spectrum Global Solutions
http://www.SpectrumGlobalSolutions.com/
561-672-7068
Media Contact:
Susanna Song
Vice President, Marketing and Communications
High Wire Networks
630-635-6717
susanna.song@highwirenetworks.com
FAQ
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