- Seasoned finance executive Mr. Adrian
Lim is promoted to the role of Wishpond's Chief Financial
Officer.
VANCOUVER, BC, July 8, 2024
/CNW/ - Wishpond Technologies Ltd. (TSXV: WISH)
(OTCQX: WPNDF) (the "Company" or "Wishpond"), a
provider of marketing-focused online business solutions, is pleased
to announce the appointment of Adrian
Lim as Chief Financial Officer (CFO), effective immediately.
Reporting directly to Mr. Ali Tajskandar, CEO of Wishpond, Mr. Lim
will have responsibility for all finance, accounting, financial
reporting, audit, tax, and capital planning functions. Mr.
Lim assumes the CFO role from David
Pais who has been the company's CFO for the past 2 years.
The appointment of Mr. Lim remains subject to the final approval of
the TSX Venture Exchange.
Mr. Ali Tajskandar, CEO of Wishpond, commented, "We are
delighted to promote Mr. Lim to Wishpond's executive team as our
new CFO. Mr. Lim's robust background in finance with a Big Four
firm, coupled with his leadership roles as Finance Manager and
Group Financial Controller at Wishpond, will be instrumental as we
navigate Wishpond's next phase of strategic growth and innovation.
I also want to extend my heartfelt gratitude to David Pais, who has served as our CFO since
January 2022, playing a crucial role
at an unprecedented time. We deeply appreciate David Pais' dedication and contributions and
wish him all the best in his future endeavors."
Mr. Lim brings extensive financial leadership experience to his
new role as Chief Financial Officer at Wishpond. Previously serving
as Group Financial Controller for over three years at the Company,
Mr. Lim played a pivotal role in guiding the Company through the
multiple acquisitions and growth following the Company going public
in December 2020.
Before joining Wishpond, Mr. Lim honed his skills in the
Assurance Practice at Ernst & Young LLP in Seattle, WA, specializing in leading public
company audits and transactions across technology, biotech, and
Fortune 500 sectors. He also gained valuable financial experience
while at BDO Canada LLP in Vancouver, BC. Mr. Lim holds a BCom from
the University of British Columbia, has
a CPA designation from CPABC, and has completed the CPA examination
in the United States.
Mr. Lim commented, "Having been a part of the team since 2020, I
have witnessed firsthand the incredible impact our solutions have
on empowering entrepreneurs to achieve online success. Wishpond's
innovative offerings and commitment to delivering comprehensive
marketing solutions have always inspired me. My background in
accounting with a global accounting firm, coupled with my tenure at
Wishpond, has equipped me to enhance and execute Wishpond's
financial strategy. I am thrilled to take on the role of CFO
and look forward to expanding my responsibilities at Wishpond."
Ali Tajskandar
Chief Executive
Officer
Wishpond Technologies Ltd.
About Wishpond Technologies Ltd.
Based out of Vancouver, British
Columbia, Wishpond is a provider of marketing-focused online
business solutions. Wishpond is a leading provider of digital
marketing solutions that empower entrepreneurs to achieve success
online. The Company's Propel IQ platform offers an "all-in-one"
marketing suite that provides companies with marketing, promotion,
lead generation, ad management, referral marketing, sales
conversion and outbound sales automation capabilities in one
integrated platform. Wishpond replaces disparate marketing
solutions with an easy-to-use product, for a fraction of the cost.
Wishpond serves over 4,000 customers who are primarily small and
medium-sized businesses (SMBs) in a wide variety of industries. The
Company has developed cutting-edge marketing technology solutions,
including an AI powered website builder, an AI email automation
tool, an AI Sales Agent and continues to add new AI enabled
features and applications. The Company employs a
Software-as-a-Service (SaaS) business model where most of the
Company's revenue is subscription-based recurring revenue which
provides excellent revenue predictability and cash flow visibility.
Wishpond is listed on the TSX Venture Exchange under the ticker
"WISH", and on the OTCQX Best Market under the ticker "WPNDF". For
further information, visit: www.wishpond.com.
Forward-Looking Statements
This press release may contain certain forward-looking
information and statements ("forward-looking information") within
the meaning of applicable Canadian securities legislation, that are
not based on historical fact, including, without limitation,
statements relating to the approval of the TSX Venture Exchange in
relation to the appointment of Mr. Lim, and statements containing
the words "believes", "anticipates", "plans", "intends", "will",
"should", "expects", "continue", "estimate", "forecasts",
"schedule" and other similar expressions. Readers are cautioned not
to place undue reliance on forward-looking information. Actual
results and developments may differ materially from those
contemplated by these statements. The Company undertakes no
obligation to comment analyses, expectations or statements made by
third-parties in respect of the Company, its securities, or
financial or operating results (as applicable). Although the
Company believes that the expectations reflected in forward-looking
information in this press release are reasonable, such
forward-looking information has been based on expectations, factors
and assumptions concerning future events which may prove to be
inaccurate and are subject to numerous risks and uncertainties,
certain of which are beyond the Company's control, including, but
not limited to, risks associated with the protection of
intellectual property of the Company, risks relating to the
successful performance and integration of Mr. Lim to the executive
team of the Company, and the risk factors discussed in the public
disclosure documents of the Company that are available through
SEDAR+ at www.sedarplus.ca. The forward-looking information
contained in this press release are expressly qualified by this
cautionary statement and are made as of the date hereof. The
Company disclaims any intention and has no obligation or
responsibility, except as required by law, to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/wishpond-appoints-adrian-lim-as-new-chief-financial-officer-302190287.html
SOURCE Wishpond Technologies Ltd.