SOURCE: Axios Mobile Assets Corp.

Axios Mobile Assets Corp.

April 11, 2016 08:00 ET

Axios Appoints New Chief Financial Officer

MISSISSAUGA, ON--(Marketwired - Apr 11, 2016) - Axios Mobile Assets (TSX VENTURE: AXA) (OTCQB: AXBSF) ("Axios" or the "Company") is pleased to announce the addition of Michael Cooke to its management team in the role of Chief Financial Officer. Mr. Cooke brings over 10 years of experience in a variety of leadership positions in the fields of accounting and financial analysis, and his appointment strengthens the management team as the business shifts into a phase of expansion. He most recently served as Senior Director, Business Planning & Strategy at Achievers Corp., a provider of SaaS-based reward and recognition solutions which was acquired by Blackhawk Network.

Mr. Cooke began his career at KPMG before moving to marketing and analytics provider Adenyo Inc. He graduated with a Bachelor of Commerce degree from Queen's University and is a Chartered Professional Accountant.

Axios also announces that Marc Topacio is transitioning from the role of Chief Financial Officer, a position he held since Axios was founded in December 2009, to become Vice President of Pooling Operations.

"We are excited to welcome Michael to Axios, as he brings finance and operations experience that fits well with where we are going as a company," said Richard MacDonald, President and CEO of Axios Mobile Assets. "Marc will continue to play an important role for us through his senior position in our pallet pooling division, where he will add further depth to a strong and expanding team. We are very grateful for his tremendous service in the role of Chief Financial Officer and we look forward to continued contributions from Marc in his new role."

The appointments of Mr. Cooke and Mr. Topacio are effective as of April 11, 2016.

About Axios Mobile Assets

Axios Mobile Assets Corp. is a supply chain logistics company. Axios is becoming a key supplier of pooled pallets primarily in the perishable food category. The Axios Solution includes proprietary tracking and information systems that deliver actionable data that helps improve supply chain visibility and food safety. The Axios Solution is gaining market acceptance based on its unique attributes: lower total cost, lighter weight, sanitary pallets, and real time data.

Further information concerning the Company can be found at www.axiosma.com, www.sedar.com and www.cnsx.ca.

Forward-Looking Statements
Certain information set out in this news release constitutes forward-looking information. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. In particular, this news release contains forward-looking statements in respect of among other things, the listing of the common shares on the TSX Venture Exchange and the timing of the listing. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, risk factors set forth in the Company's Management's Discussion and Analysis for the period ended September 30, 2015 under the heading "Risk Factors", a copy of which is filed on SEDAR at www.SEDAR.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive. These statements are made as at the date hereof and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these forward-looking statements.

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Contact Information

  • CONTACT:
    Richard MacDonald
    President & CEO
    Email Contact
    877-762-9467 x601

    Peter Murray
    Shareholder Contact
    Email Contact
    778-839-8382