SOURCE: ProntoForms Corporation

ProntoForms Corporation

October 07, 2015 07:00 ET

Philip Deck Joins ProntoForms Board of Directors

OTTAWA, ON--(Marketwired - October 07, 2015) - ProntoForms Corporation ("ProntoForms" or the "Company") (TSX VENTURE: PFM), maker of ProntoForms®, a mobile data collection and analytics platform, is pleased to announce that Philip Deck, the Chief Executive Officer of Extuple Inc. has been appointed to its Board of Directors.

Philip Deck brings over 20 years of experience in technology company operations, leadership and merchant banking. Mr. Deck served as the CEO of MKS Inc. a leader in enterprise software application lifecycle management from 2001 until its acquisition by PTC Corp in 2011. From 1993 to 1999 he was CEO of Certicom Corp., a worldwide leader in cryptographic research and software toolkits. Mr. Deck served as a Director of the Bank of Canada, Canada's central bank from 2006 until 2013, including a role as Lead Director. He has also served on the Board of the C.D. Howe Institute in addition to several other private and public software companies.

"We are pleased to have Phil Deck as a Board Member and investor in ProntoForms," said Terence Matthews, Chairman of ProntoForms Corporation. "Phil brings relevant knowledge and industry experience to our Board, and will provide invaluable governance as we continue to grow the Company in a rapidly expanding marketplace."

"I am delighted to join the Board of ProntoForms," said Mr. Deck. "We have watched the Company's progress for several years and with our firm's recent investment, I am delighted to serve on the Board to support Management as they plot the course for continued growth and success."

In addition, the Company has granted an aggregate amount of 2,045,000 stock options to directors, officers, employees and consultants of the Company in accordance of the provisions of the Company's Stock Options Plan, subject to approval of the TSX-V. Each option entitles the holder to purchase on common share of the Company at an exercise price of $0.28 for a period of five years.

About ProntoForms

ProntoForms is a mobile workflow platform used by more than 3,500 businesses to collect and analyze field data with smartphones and tablets. Our product delivers an intuitive, secure and scalable solution for mobilizing business processes, with a low total cost of ownership. Our customers harness the solution to increase productivity and reduce cost, improve quality of service and mitigate risks.

ProntoForms is the winner of the 2015 Frost & Sullivan Competitive Strategy Innovation and Leadership Award for the Mobile Forms Industry.

The company trades on the TSXV under the symbol PFM. ProntoForms is the registered trademark of ProntoForms Inc., a wholly owned subsidiary of ProntoForms Corporation.

Certain information in this press release may constitute forward-looking information. For example, statements about the Company's future growth or value are forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • For additional information, please contact:
    Alvaro Pombo
    Chief Executive Officer
    ProntoForms Corporation
    613.599.8288 ext. 1111
    apombo@prontoforms.com

    Babak Pedram
    Investor Relations
    Virtus Advisory Group Inc.
    416-644-5081
    bpedram@virtusadvisory.com