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Wi2Wi Announces the Resignation of Dr. Fraser C. Henderson Sr. M.D from the Board of Directors
TORONTO, ON / ACCESSWIRE / November 16, 2018 / Wi2Wi Corporation ("Wi2Wi" or the "Company") ...
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[{"type":"text","content":"Wi2Wi Announces the Resignation of Dr. Fraser C. Henderson Sr. M.D from the Board of DirectorsTORONTO, ON / ACCESSWIRE / November 16, 2018 / Wi2Wi Corporation (\"Wi2Wi\" or the \"Company\") (TSX-V: YTY), a leading global developer and manufacturer of end to end Wireless Connectivity Solutions, high precision Frequency Control, Timing, and Microwave Filter devices announces that Dr. Fraser C. Henderson Sr., M.D has resigned as a director from the Board of Directors. Dr. Henderson a world renowned Board-certified Neurological Surgeon and a retired US Navy Commander has been a member of the Board Directors of the Company since February 16, 2016. Dr. Henderson resigned to continue his practice and research and for personal reasons.\"The Board expresses its profound appreciation to Dr. Henderson for the business and technical expertise he brought to the board of directors over the past year and a half and his help in the management of the company,\" said the Chairman of the Board Mr. Michael Sonnenreich.For further information, please contact:Dawn LeederChief Financial Officer608 203 [email protected] IoT and M2MEssentially, IoT and M2M describe the network of physical objects or \"things\" embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. Driven by several factors including the growth in the availability of Broadband Internet, which reduces the cost of connecting, and the related increase in Wi-Fi capabilities as well as sensors built into myriad technologies, this has been described as the \"perfect storm\" for the IoT. Almost any device with an on and off switch that can be connected to the Internet (and/or to each other) - anything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices, cars, as well as machine components in the engine of a jet airplane or the drill of an oil rig. According to analyst firm Gartner, by 2020 there will be over 26 billion connected devices. Others think this figure could be too conservative by a factor of four. About Wi2Wi CorporationWi2Wi is a vertically-integrated technology company which designs, manufactures and markets high performance, low power wireless connectivity solutions, global navigation satellite system (GNSS) modules, and frequency control devices. The Company's pro...