Open EC Technologies, Inc. Announces Election of Directors and Officers at 2010 Annual General Meeting
May 20 2010 - 5:30PM
Marketwired Canada
Open EC Technologies, Inc. ("Open EC" or the "Company") (TSX VENTURE:OCE)
announces that at the Annual general Meeting ("AGM") of the shareholders held on
May 6, 2010, the following people were elected directors: Martyn A. Armstrong,
Jeffrey G. Hoag and Roy Trivett.
At the Board meeting held immediately following the AGM on May 6, 2010, Martyn
A. Armstrong was appointed as President and Chief Executive Officer of the
Company and George Dorin, CA was appointed as Chief Financial Officer. Anette
Anastacio was appointed as Corporate Secretary. The Company's Audit, and
Corporate Governance and Compensation Committee were also reconstituted for the
ensuing year. The Company's Stock Option Plan dated October 23, 2003 was also
reapproved until next AGM, subject to filing with TSX-V.
As previous announced on April 30, 2010, the Company has entered into an
Investor Relations Agreement with David Ellis. The 150,000 stock options
referred to in that news release were granted to David Ellis on April 28, 2010
at a price of $0.15 per share and they expire after 18 months. The options will
vest over 12 months with no more than 1/4 (25%) vested in any three month
period.
About Open EC Technologies Inc.
Open EC is a TSX Venture Exchange listed company. Its subsidiary, SoftCare EC
Solutions Inc. is an e-business software, services and solution provider.
SoftCare's OpenEC(R) e-business software includes solutions for Electronic Data
Interchange (EDI), Healthcare Interoperability and Business Process Management.
The Company sells the OpenEC(R) products and solutions to the healthcare,
financial services and retail supply chain in North America. The company has a
growing focus on turnkey solutions for US Healthcare Information Technology
Reforms funded by the US Federal Government ARRA programs for Healthcare IT
Interoperable mandates. Additional product and solution information is available
on the web at www.softcarehealthcare.com and www.softcare.com and additional
public company information is available on the web at www.openec.com. The
Company's common shares trade on the TSX Venture Exchange under the symbol: OCE.
ON BEHALF OF THE BOARD
Martyn A. Armstrong, President and CEO
Further information about the Company can be found on SEDAR (www.sedar.com) or
by contacting Mr. Martyn A. Armstrong, President & CEO of the Company.
This news release may contain forward-looking statements within the meaning of
The Private Securities Litigation Reform Act of 1995. Forward-looking statements
address future events and conditions and therefore, involve inherent risks and
uncertainties. Actual results may differ materially from those currently
anticipated in such statements.
Open EC Technologies (TSXV:OCE)
Historical Stock Chart
From Oct 2024 to Nov 2024
Open EC Technologies (TSXV:OCE)
Historical Stock Chart
From Nov 2023 to Nov 2024