SOURCE: Digagogo Ventures Corp.

Digagogo Ventures Corp.

June 13, 2012 12:08 ET

Digagogo Ventures Appoints New CFO With 30+ Years of Financial Experience

SANTA MONICA, CA--(Marketwire - Jun 13, 2012) - Digagogo Ventures Corp. (PINKSHEETS: DOGO) (, a provider of information and marketing communications technology for local communities, announced today that Brian Teed, CGA (Certified General Accountant), has been appointed the new Chief Financial Officer. Mr. Teed will head up the financial component of the company to help ensure the continued growth of Digagogo Ventures.

"This appointment is a turning point for Digagogo as we will now have the support and input of an experienced financial professional in all matters," stated Nehru Chomatil. "Brian's in-depth accounting and financial knowledge will also help us raise the necessary capital for our continued growth."

"I believe my appointment is important news for all the Digagogo stakeholders -- and most importantly our investors -- as I will provide the company with the sound fiscal management required by our projected growth," remarked Brian Teed. "I also have the required skills to assist our senior management in raising the capital we need to grow and expand."

About Brian Teed's Experience and Background
Upon receiving his CGA (Certified General Accountant) designation in 1970, Brian spent over 20 years working in the industry. During this time, he broadened his financial management capabilities while working in the forestry, building products and construction industries. His positions included Vice President of Finance for two large development and construction companies in British Columbia, Canada. After leaving industry in 1991, he started Teed & Company, a full-service accounting company. Teed & Company's partners and associates have extensive work experience providing accounting, taxation and financial advisory services to many different industries. With Brian's company thriving and being well managed by his partners, he is now embarking on a new career path wherein he will oversee the day-to-day management and ongoing planning of Digagogo Ventures' financial affairs.

A CGA - Certified General Accountant
CGA is the designation of professionals who are members of the Certified General Accountants Association of Canada (CGA-Canada). A CGA is an accounting professional with expertise in finance, taxation, business strategy, auditing, management and business leadership. CGAs must meet the rigorous education, experience and examination requirements established, and regularly enhanced, by CGA-Canada. CGAs work all across Canada, as well as in Bermuda, the Caribbean, China, and Hong Kong. In addition, CGAs have expanded their network through agreements with the Association of Chartered Certified Accountants (ACCA), the world's largest accounting body and CPA Australia.

How DoGoNet Network and DoGoCenters Will Help Stimulate Local Community Economies
The DoGoNet network along with our state of the art DoGoCenters will help stimulate local community economies through online marketing and sales, and provide technology and leadership to build sustainable local business communities. The DoGoNet network provides a localized geographical sales channel for brands, manufacturers and retail operators to subscribe to. This local sales and distribution network enables users to buy, sell and share with every connected household portal. Families can build a personalized website, enabling them to login and become an independent business unit to conduct buying and selling through their virtual storefront. The DoGoNet channel also gives users the opportunity to take advantage of local group purchasing. Using DoGoSearch they can access an exclusive local search engine that enables individuals, businesses, organizations and municipalities to provide searchable time-sensitive real-world information through an online platform, further enhancing everyone's marketing efforts. We believe this is a very scalable business platform that when implemented will prove to have a huge upside potential for local economies."

About Digagogo Ventures Corp.
Digagogo is a technology company based in Detroit with expertise in digital marketing, advanced Internet and telecommunication technology, and a strong background in the research and development of emerging technologies. Key members of Digagogo were involved in the development of software in areas ranging from security solutions for The United States Department of Defense (Air Force/NASA), Citibank Financial, ADP Payroll and Nissan Motor Corp., to high value interactive entertainment solutions for companies such as 20th Century Fox, Electronic Arts, Nexon and other online entertainment multi-nationals. In addition, Digagogo has a highly skilled International team that has worked with companies like Alliance Technology, Universal Music, and Esprit to identify market gaps and apply emerging technologies that drive business revenue. Digagogo has compounded all this knowledge to design DoGoNet, DoGoSearch and DoGoPay. These products and services aid in building strong local economies for any given region by facilitating digital sales, distribution and advertising networks.

Forward-Looking Statements
Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "optimizing," "potential," "anticipate," "goal," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in the company's filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Digagogo Ventures Corp.
    Investor Relations
    Email Contact:
    US: 1 800 249 7621
    UK: +44 020 3004 8076

    Digagogo Ventures Corp.
    Yahoo Center Santa Monica
    2500 Broadway, Bldg. F, Suite F-125
    Santa Monica, CA 90404
    Tel: 310-741-6018