Times Three Wireless Announces Management Change
December 09 2013 - 9:38PM
Marketwired
Times Three Wireless Announces Management Change
CALGARY, ALBERTA--(Marketwired - Dec 9, 2013) - Times Three
Wireless Inc. (TSX-VENTURE:TTW) ("Times Three" or the "Company")
announces that William Middleton has ceased to be the President,
Chief Executive Officer and Chief Legal Officer of the Company,
effective immediately. Mr. Middleton will continue to serve on the
Board of Directors of the Company.
The Company would like to thank Mr. Middleton for his efforts
during his tenure as President, Chief Executive Officer and Chief
Legal Officer of the Company.
The Board of Directors will be undertaking a strategic review of
Times Three's intellectual property licensing business in the very
near term and in doing so will consider all reasonable and prudent
measures. As part of this review, the Board will consider seeking
strategic investment partners and/or the divestiture of all or part
of its intellectual property licensing business.
About Times Three
Times Three, originally founded in 1995 as Cell-Loc Inc., is a
technology innovation and licensing company based in Calgary. It
has a long history of innovation and successful product development
in wireless location technologies and continues to build and
license its portfolio of important patents and intellectual
property.
The Company's proprietary narrow band location and telemetry
technology has been successfully implemented in a 1500 square
kilometer wireless network in São Paulo, Brazil.
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.
Times Three Wireless Inc.Dave GuebertCFO403.569.5700