Lite Access Technologies Inc.
CNSX : LTE
OTC PINK : LTCCF

Lite Access Technologies Inc.

July 14, 2016 08:30 ET

Lite Access Technologies Appoints Mark Schnarr to Advisory Board

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 14, 2016) - LITE ACCESS TECHNOLOGIES INC. (the "Company") (CSE:LTE)(OTC PINK:LTCCF), a total integrated fibre optic solutions provider, is pleased to announce that it has appointed Mr. Mark Schnarr to its Advisory Board.

"We are very pleased to have attracted Mark to our Advisory Board," stated Mike Plotnikoff, CEO of Lite Access. "Mark is a great addition to our existing Advisory Board members as Lite Access continues to drive forward on our journey of international expansion. I'm certain the Company will benefit from his insight, industry knowledge and relationships that have the potential to seize significant market opportunities."

Mark has over 40 years of experience in the telecom industry. Most recently, he had served as the President and Chief Executive Officer of Alpha Technologies, Ltd. from June 2006 to March 2016. Previously, he held several executive roles at TELUS Corp over a period of almost 30 years, including Executive Vice President, TELUS and President, TELUS Ventures. Mark helped establish the corporate venturing division in 2001, which provided financing to top-tier companies consistent with the strategic and business interests of its parent, TELUS. In that same capacity, he reorganized and led TELUS International to become a strong future strategic growth option for TELUS. Mr. Schnarr also held the role of Vice President of Internet Services in TELUS Corp from 1999 to 2001 with responsibility for a number of new IP-based companies, technologies and services. He has held advisory roles with a number of private and public organizations over his career and has served on the Board of such organizations as TELUS International, the TELUS New Media and Broadcast Fund, Medialinx, Rapport Interactive, Science World, Vision Critical, IP Unity, ePost, Pacific Place Communications, Wolf Medical Systems, and the Canadian Chamber of Commerce. He holds a Bachelor of Arts (Marketing) Degree from the School of Business Administration and Economics, Simon Fraser University, a Canadian Securities Course Certificate, and executive refresh from the Richard Ivey School of Business.

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 and microtrench networks throughout North and South America, the United Kingdom, the Caribbean, and Asia.

Lite Access' products have been deployed in many high profile communication networks including the 2010 Winter Olympics, builds within the State of New York including Central Park, 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.

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 from 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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