Business
Monexa Technologies Corp. Welcomes Garth Albright to its Board of Directors/Grants Stock Options
Monexa Technologies Corp. Welcomes Garth Albright to its Board of Directors/Grants Stock Options
About this update from Santa Rosa Resources Corp.
[{"type":"text","content":"\n\n\n\nDec. 16, 2009 (Canada NewsWire Group) -- VANCOUVER, Dec. 16 /CNW/ -- Monexa Technologies Corp. (TSX-Venture: MXA) (\"Monexa\" or the \"Company\") is pleased to announce that Mr. Garth Albright has been appointed to the Monexa board of directors effective December 14, 2009. The appointment is subject to the approval of the TSX Venture Exchange.Garth has over 30 years of corporate leadership experience as a finance executive in both public and private companies. He joined Gemcom Software International Inc. as Chief Financial Officer in 2003. At Gemcom he was part of the executive team that transformed the near-insolvent company into a profitable venture that achieved CAGR revenue growth of 36% from 2003 to 2009. Gemcom was acquired for $189 million in an all-cash transaction in July 2008. Garth was responsible for financial reporting, accounting, regulatory compliance, equity capital markets, investor relations, IT operations and legal matters. Garth also led the legal, due diligence and post-implementation elements of all of Gemcom's M&A transactions. He is a certified management accountant and a director of the B.C. Technology Industry Association.Before joining Gemcom, Garth gained wide experience in different industries as the Chief Financial Officer of Waterfront Pictures Inc., Peace Arch Entertainment Ltd. and Cannect Communications Inc.\"We are pleased to welcome Garth to Monexa's board of directors. Garth's considerable experience as a financial executive and his knowledge of the financial markets will be invaluable to us. Monexa Billing is aimed at a large and growing market providing monetization services to SaaS and Cloud Computing companies, as well as other vertical markets. Garth's expertise will help the company prepare for accelerated growth.\" said John Jacobson, President and CEO of Monexa.Garth Albright said \"I'm excited about joining Monexa. Monexa Billing is a capable and competitive monetization platform for subscription businesses and the Company is demonstrating success winning new customers in 2009. Monetization for subscriptions is a significant and growing market that is cost effective, efficient and a reliable process for Monexa's customers and represents a significant revenue growth opportunity for Monexa. Monexa is poised for growth and I look forward to contributing to their success.\"Monexa...