Eyelogic Systems Inc.

Eyelogic Systems Inc.

December 02, 2015 16:15 ET

Eyelogic Systems Announces Resignation of Mark McDonald

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2015) - Eyelogic Systems Inc. (CSE:EYE.A)(TSX VENTURE:EYE.A) - Kristoffer Moen, Chief Financial Officer, today announced the resignation of Mark McDonald, President, effective December 1, 2015. As previously disclosed on December 1, 2015; Eyelogic sold the Canadian eye assets to Sagence Technologies Inc. (a Company controlled by Mark McDonald) as part of Eyelogic's windup process. Sagence will continue to operate the eye testing business as a private company.

Mark has agreed to assist the Company in an advisory capacity throughout the windup of operations and will remain a director of the board.

"Mark has played a significant role throughout Eyelogic's history for the past eighteen years and will certainly be missed," said Rick Skauge. "We wish him well in his new role as President of Sagence Technologies."

Mark McDonald joined Eyelogic Systems just after the Company's inception; performing diverse roles in sales, operations, and administration. On January 31, 2003; Mark became Eyelogic's President, spearheading Eyelogic onto the international marketplace.

The role and responsibilities of President will be assumed by Rick Skauge until such time as Eyelogic is wound-up and dissolved.

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