ActiveCore Announces Appointment of New CFO
July 01 2004 - 10:15AM
PR Newswire (US)
ActiveCore Announces Appointment of New CFO TORONTO, July 1
/PRNewswire-FirstCall/ -- IVP Technology Corp. (OTC:TALL) (BULLETIN
BOARD: TALL) , d.b.a. ActiveCore Technologies, Inc., announced
today that Mr. John Choy will join the company as its new Senior
Vice President and Chief Financial Officer effective July 14, 2004.
Mr. Choy is a versatile executive with broad finance, accounting,
planning and I.T. experience in financial services, high-tech, and
manufacturing and consumer markets. Prior to his appointment by
ActiveCore Technologies, Inc. Mr. Choy held senior finance
positions at major corporations such as H.J. Heinz Company, Bank of
Montreal and ATI Technologies Inc. Mr. Choy has experience in the
Far East, North America and Europe and has held the CFO position in
several companies since 1990. Most recently Mr. Choy was CFO of a
global company in the entertainment industry. While his experience
is broad based, his proven strengths include: strategic financial
management, shareholder value enhancement, business acquisition
analysis and merger integration and ensuring cross jurisdiction
financial management. Mr. Choy is a Chartered Certified Accountant
with a Masters degree in Management from Durham University Business
School in the UK. Brian MacDonald, Chairman and CEO of ActiveCore
said "We are really looking forward to John joining us in the next
several weeks. We have recently invested in several significant
acquisitions and grown the company on a transactional and revenue
basis quite considerably over the past three months. John's
experience at managing the financial and organizational issues that
are faced in organizations that are rapidly expanding will be well
used at ActiveCore and ensure more timely financial reporting."
About ActiveCore Technologies, Inc. IVP Technology Corporation,
d.b.a. ActiveCore Technologies, Inc. develops, sells and implements
its own "Smart Enterprise" suite of products. These products
consist of web portal, enterprise and mobile components and
applications which give organizations of all sizes the capability
to "integrate, enable and extend" back office systems to connect to
customers and stakeholders. ActiveCore also operates under the
trade name MDI Solutions, C Comm Communications Inc. and
Twincentric Limited. In combination ActiveCore is able to service
clients around the world with any type of IT infrastructure. For
information about ActiveCore contact Brian MacDonald at (416)
252-6200. Detailed information about ActiveCore can be found on the
website http://www.activecore.com/ . Statements contained in this
news release regarding IVP Technology and planned events are
forward-looking statements, subject to uncertainties and risks,
many of which are beyond IVP Technology's control, including, but
not limited to, reliance on key markets, suppliers, and products,
currency fluctuations, dependence on key personnel and trade
restrictions, each of which may be impacted, among other things, by
economic, competitive or regulatory conditions. These and other
applicable risks are summarized under the caption "Risk Factors" in
IVP Technology's Registration Statement on Form SB-2 filed with the
Securities and Exchange Commission on December 24, 2003.
Forward-looking statements by their nature involve substantial
risks and uncertainties. As a result, actual results may differ
materially depending on many factors, including those described
above. DATASOURCE: ActiveCore CONTACT: Brian MacDonald of
ActiveCore, +1-416-252-6200 Web site: http://www.activecore.com/
http://www.ivptechnology.com/
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