Metro One Telecommunications, Inc. appoints Ami Bukris Co-CEO of wholly owned subsidiary Stratford, Ltd.
Metro One Telecommunications (OTCMKTS: WOWI) has appointed Ami Bukris as Co-CEO of its subsidiary Stratford, Ltd., established to enhance the Shely mobile commerce platform. Bukris brings over 24 years of software development experience and has previously held senior management roles. His appointment aims to provide continuity and drive the product's growth in the retail sector, leveraging AI and machine learning. Metro One is also searching for a CEO to oversee its return to full reporting status.
- Ami Bukris has substantial experience in software development and management, which may enhance Stratford's operational capabilities.
- The appointment of Bukris is intended to provide continuity and strong leadership for the growth of the Shelfy platform.
- The search for a new CEO for Metro One may indicate instability or transitional challenges for the company.
- The need for a Co-CEO at Stratford could reflect potential gaps in leadership during a critical growth phase.
SHERIDAN, Wy., June 2, 2021 /PRNewswire/ -- Metro One Telecommunications, Inc. (OTCMKTS: WOWI) (the "Company" or "Metro One") is pleased to announce the appointment of Ami Bukris as the Co-Chief Executive Officer of its recently established wholly owned subsidiary Stratford, Ltd. ("Stratford"). Mr. Bukris was formerly VP R&D and later COO of Royal App Ltd the developer of Shelfy, which was acquired by Metro One through Stratford out of bankruptcy in Israel.
Mr. Bukris brings 24 years of software development experience with large scale projects. For the past 15 years he has been in management positions with a track record of bringing projects from concept to completion and installation with end users. Mr. Bukris has significant business expertise in software code and the major multi-tier and multithreaded environments needed for the mobile web technologies that Shelfy has developed.
Metro One Chairman, Nani Maoz, said, "We are very pleased to have Ami stay onboard with the continued development of Shelfy. He has shown the ability to and the experience in managing multiple groups in multiple locations, and he has earned the respect of the team that has agreed to stay onboard at Shelfy and looks forward to growing it. His appointment provides continuity as well as allowing us to move quickly to grow and enhance the product to meet customer needs."
Mr. Bukris commenting on his appointment stated, "I am gratified and honored to be chosen to lead the growth of Shelfy. The potential of the Shelfy applications in the retail marketplace is great. I am starting with a nucleus of great people and installed end users and look forward to developing and defining the path forward for the product and the Company."
The Company has also begun a search for a CEO for Metro One, the U.S. public parent of Stratford, which will begin the process of returning to a fully reporting company. The CEO of Metro One will also serve as Co-CEO of Stratford.
Metro One through its wholly owned subsidiary Stratford Ltd., based in Israel, owns the intellectual property of Shelfy, a white label, headless mobile commerce software platform, that helps retailers and fast-moving consumer goods companies become growth companies. The platform incorporates sophisticated artificial intelligence and machine learning in its algorithms to markedly improve online shopping metrics through mobile phones for large consumer retailers.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the federal securities laws. The Company generally uses the words such as "might", "will", "may", "should", "estimates", "expects", "continues", "contemplates", "anticipates", "projects", "plans", "potential", "predicts", "intends", "believes", "forecasts", "future", "guidance", "targeted", "goal" and variations of such words or similar expressions in this press release and any attachment to identify forward-looking statements. All statements, other than statements of historical facts included in this press release, including statements concerning plans, objectives, goals, expectations, beliefs, business strategies, future events, business conditions, results of operations, financial position, business outlook, earnings guidance, business trends and other information are forward-looking statements. The forward-looking statements are not historical facts, and are based upon current expectations, estimates and projections, and various assumptions, many of which, by their nature, are inherently uncertain and beyond management's control. All expectations, beliefs, estimates and projections are expressed in good faith and the Company believes there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs, estimates and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements.
These forward-looking statements are subject to a number of risks, uncertainties, and other important factors, many of which are beyond management's control, which could cause actual results to differ materially from the forward-looking statements contained in this press release, including among others, COVID-19 and its impact on the business of the Company. Although the Company believes that these statements are based upon reasonable assumptions, it cannot guarantee future results and readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date of this press release. There can be no assurance that (i) the Company has correctly measured or identified all of the factors affecting its business or the extent of these factors' likely impact, (ii) the available information with respect to these factors on which such analysis is based is complete or accurate, (iii) such analysis is correct or (iv) the Company's strategy, which is based in part on this analysis, will be successful. Except as required by law, the Company undertakes no obligation to update or revise forward-looking statements to reflect new information or events or circumstances that occur after the date of this press release or to reflect the occurrence of unanticipated events or otherwise.
Contact Information
Metro One Telecommunications, Inc.
Jacqueline Danforth,
646-831-6244
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SOURCE Metro One Telecommunications Inc.
FAQ
Who is Ami Bukris and what is his role at Metro One?
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