(via Thenewswire.ca)
April 14, 2016 / TheNewswire / Vancouver, British Columbia. LITE ACCESS TECHNOLOGIES INC. (the "Company") (CSE: LTE, Pink Sheets: LTCCF) is very pleased to announce two significant additions to its Advisory team.
Mike Plotnikoff, CTO of Lite Access, states, "We are extremely excited to have these gentlemen join Mr. Robert Cruickshank as advisors to the Company. The industry knowledge and wealth of experience that they bring is considerable and will prove invaluable in helping us shape the Company and grow both nationally and internationally into the future. We look forward to working with Rob, Brian and Bob to drive the strategic vision, explore new opportunities, and ultimately maximize the impact Lite Access has on the global fibre-optic sector. We will continue to look to add to our talented team of advisors and Board of Directors in the future."
New Advisors
Brian McFadden
Mr. McFadden has held a number of senior executive roles in his 35 year career in the telecommunications industry. He has served as Chief Research Officer and Chief Technology Officer of Nortel Networks. In a prior role he was President of Optical Networks for Nortel and led the High Capacity Transport team which had global product line responsibility for Nortel's industry leading OC-192 and OC-48 fiber optic transmission systems. Mr. McFadden's career with Nortel Networks included assignments in Seoul, Korea; Maidenhead, England, as well as Ottawa and St. Laurent in Canada. He also served as Chief Operating Officer of Prestige Telecom Inc. from July 2007 to September 2010. Mr. McFadden holds a B.A.Sc. in Electrical Engineering from the University of Waterloo.
Robert (Bob) Neal
Mr. Neal is a seasoned telecommunications executive having spent over twenty-five years at NBTel / Aliant - a telecommunication company known worldwide as a pioneer in IPTV with the implementation of digital TV beginning in 1995. Actively involved as a member of the leadership team of companies such as NBTel Mobility, ISM Datacor, Connectivity, Imagic TV. Prexar and Innovatia, Bob continually looked for ways to monetize the wealth of innovation created by employees. Through the means of partnerships and incubation of several start ups, his desire to mentor and coach young entrepreneurs continued. Bob's tireless effort and achievements resulted in appointments to over 15 Board level positions while at NBTEL, and today serves in an advisory capacity for several start-up technology companies.
About Lite Access
Lite Access is a world leader in microduct and fibre optic technologies. Using its specially designed and innovative micro-trench and micro-drill methods of deployment, Lite Access' proprietary microduct technology extends a network provider's ability to deliver true broadband connectivity directly to end-users, such as homes, government and educational institutions, and emergency response facilities. Providing a full portfolio of fibre connectivity solutions for many types of Telecom infrastructure, Lite Access has successfully deployed thousands of kilometres of microduct networks throughout North and South America, the United Kingdom, the Caribbean, Australia and Asia.
Lite Access' products have been deployed in many high profile communication networks including the Whistler 2010 Winter Olympic facilities, builds within the State of New York including Central Park, the Las Vegas strip and surrounding areas of Nevada, fibre to the home at Stanford University and numerous other locations around the globe that have adopted Lite Access as the "solution of choice" for future proof fibre optic connectivity.
For further information please contact:
Lite Access Technologies Inc.
Phone: 1-604-247-4704
1115 - 1125 6900 Graybar Rd.
Richmond, BC V6W 0A5
www.liteaccess.com
For investor relations please contact:
Rob Gamley
Phone: 1-604-689-7422
Email: rob@contactfinancial.com
Contact Financial Corp.
1450 - 701 West Georgia St.
Vancouver, BC V7Y 1G5
Forward Looking Information
Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties described in the Company's Listing Statement dated May 26, 2015 available on www.cnsx.ca. Accordingly, actual and future events, conditions and results may differ materially form the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this release.
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