Business
Advantex appoints Acting Chief Financial Officer
Advantex appoints Acting Chief Financial Officer.
About this update from Advantex Marketing International Inc.
[{"type":"text","content":"\n\n\n\n\nADX: TSX\n\nTORONTO, Nov. 18 /CNW/ - Advantex Marketing International Inc. (TSX:ADX)\ntoday announced the departure of Ron Cannata Chief Financial Officer of\nAdvantex, effective immediately. Robert von der Porten will be re-joining\nAdvantex to fulfill the interim responsibilities until a new Chief Financial\nOfficer is appointed.\nMr. von der Porten is a partner in an advisory firm that supplies interim\nexecutive support as well as restructuring and change management services. He\nis familiar with Advantex and its business model, having led the Company's\nfinance and accounting department several years ago.\n\"We are very pleased to welcome Rob back to Advantex as our Acting Chief\nFinancial Officer,\" said G. Randall Munger, Chairman and Chief Executive\nOfficer of Advantex. \"Rob's previous experience with Advantex and his\nbackground in corporate financial restructuring are great assets that will\nenable a smooth and orderly transition period. I would like to take this\nopportunity to thank Ron for his contribution to the Company and to wish him\nthe best in future endeavours.\"\n\nAbout Advantex Marketing International Inc.\nAdvantex Marketing International Inc. is a leading marketing services\ncompany, specializing in integrated marketing solutions for its Merchant and\nChannel Partner clients. Advantex offers a range of products and services\nincluding coalition loyalty rewards programs, online shopping malls, direct\nmarketing, online and email promotion, and data capture and award processing\nsystems. Advantex loyalty partners include CIBC, United Airlines, Delta Air\nLines, The New York Times, Alaska Airlines, US Airways, and other major North\nAmerican corporations, as well as a growing list of restaurants, online\nretailers, golf courses, small inns and resorts. Advantex is traded on the\nToronto Stock Exchange under the symbol \"ADX\". For additional information on\nAdvantex, please visit www.advantex.com.\n\nThis press release may include statements about expected future events\nand/or financial results that are forward-looking in nature and subject to\nrisks and uncertainties. Advantex cautions that actual performance will be\naffected by a number of factors, many of which are beyond its control. Future\nevents and results may vary substantially from what Advantex currently\nforesees. Discussion of the...