SOURCE: Portlogic Systems Inc.

Portlogic Systems Inc.

July 19, 2017 09:23 ET

Portlogic Systems, Inc. Shareholder Update - New CTO Appointment

TORONTO, ON--(Marketwired - Jul 19, 2017) - Portlogic Systems, Inc. (OTC PINK: PGSY) is a technology company focused on providing mobile application solutions and telecommunications technology. Portlogic Systems, Inc. announces that it has appointed Meeta S. Litake (B.E. - CSE and MBA) as Chief Technology Officer, effective July 18, 2017. In this role, Ms. Litake will lead the company's global IT function and play a key role in envisioning and developing Portlogic's technology strategy across all business lines.

She has 13 years total experience, teaching Engineering and Computer Science in academic institutions, as well as 5 years of corporate experience in software development, start-ups and consulting in the mobile sector.

CEO Michael De Valera stated, "We are delighted to bring on board and welcome Meeta Litake as the newest member of our team. Both personally and professionally, she fits extremely well with our mobile product development roadmap. Together, we will continue developing Portlogic's vision and growth opportunities, enabling our customers to continue to take advantage of the most innovative telecommunication solutions on the market."

This appointment demonstrates Portlogic System's ongoing commitment and next significant step in building a top caliber executive management team.

About Portlogic Systems, Inc.

Headquartered in Toronto, Canada, Portlogic Systems, Inc. was incorporated in 2004. The company is a telecom solutions provider, mobile and Internet software developer, and solutions provider for electronic payments, ticketing and marketing delivery and community communication systems.

Forward-Looking Statements

This press release may contain forward-looking statements, including information about management's view of Portlogic System, Inc.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Portlogic Systems and its concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Portlogic Systems' future results. The forward-looking statements included in this press release are made only as of the date hereof. Portlogic Systems cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Portlogic Systems undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Portlogic Systems.

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