TeraGo Inc.

TeraGo Inc.

October 24, 2013 16:13 ET

TeraGo Strengthens Board With the Addition of Two New Directors

TORONTO, ONTARIO--(Marketwired - Oct. 24, 2013) - TeraGo Inc. (TSX:TGO) (www.terago.ca) today announced two additions to the Company's Board of Directors. Nicole German and Jim Nikopoulos were nominated and unanimously elected by the TeraGo Board of Directors effective immediately.

Nicole German is an independent marketing consultant and business strategist who brings to the Board more than 18 years' experience in the technology industry building high performance teams and driving fast-paced growth for companies around the world. In her most recent role as Global Head of Enterprise Marketing for LinkedIn, she led the development and launch of the LinkedIn for Business B2B enterprise brand and positioning.

Prior to LinkedIn, Ms. German was Global Vice President of Marketing and Communications for Descartes Systems Group, a global logistics network offering enterprise supply chain and logistics software solutions. There she oversaw corporate marketing and communications and led the execution of go-to-market strategies. Ms. German has also held management positions with other leading Canadian technology companies, including Cube Route Inc., Platform Computing, Delano Technology Corp., Psion Teklogix and Hummingbird Communications. Ms. German holds a Bachelor of Arts degree from Queen's University and an Executive Marketing Degree from Richard Ivey Business School at the University of Western Ontario.

Ms. German said "I'm pleased to be joining TeraGo's Board at this pivotal time in the company's evolution and look forward to working with the Board and the entire TeraGo team to continue to drive the company forward."

"Ms. German's experience and background in business growth strategy and marketing bring a valuable perspective to the board as it continues to work with management in the execution of the enhanced business plan," said Mr. Charles Allen, Chairman of TeraGo's Board.

Mr. Jim Nikopoulos currently serves as Vice President and General Counsel of Element Financial Corporation, one of North America's leading independent equipment finance companies.

Mr. Jim Nikopoulos previously served as Vice President, Corporate Development and General Counsel at TeraGo Inc. where he was responsible for overseeing acquisitions, strategic and regulatory initiatives, and advising all business units across Canada. Prior to that, he was a partner at Davies Ward Phillips & Vineberg LLP, a major Canadian business law firm, where he practiced in the areas of mergers and acquisitions, corporate finance and securities, corporate governance, and general corporate and commercial law. Mr. Nikopoulos holds an Honours Bachelor of Arts degree (Economics & Political Science) from the University of Toronto and a Law degree from Osgoode Hall Law School.

"We are excited to have Jim join the TeraGo Board and believe his prior experience at TeraGo will be beneficial to the Company as it pursues its business objectives," said Mr. Charles Allen, Chairman of the Board.

About TeraGo Networks

TeraGo Networks Inc. provides businesses across Canada with carrier-grade broadband, data and voice communications services. Colocation and disaster recovery solutions are also provided by Data Centers Canada, a division of TeraGo Network. The national service provider owns and manages its IP network servicing over 6,500 customer locations in 46 major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg. TeraGo Networks is a Competitive Local Exchange Carrier (CLEC) and is a wholly owned subsidiary of TeraGo Inc. (TSX:TGO). More information about TeraGo is available at www.terago.ca.

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