TransGaming Inc.
TSX VENTURE : TNG

TransGaming Inc.

September 24, 2013 08:30 ET

TransGaming Welcomes Brice Scheschuk to Board of Directors

Scheschuk Brings High-Growth Experience as Co-founder of Globalive Communications / WIND Mobile

TORONTO, ONTARIO--(Marketwired - Sept. 24, 2013) - TransGaming Inc. (TSX VENTURE:TNG), a leader in developing and delivering platform-defining social video game experiences to consumers around the world, today announced Brice Scheschuk, Co-founder of Globalive Communications / WIND Mobile, has been appointed to TransGaming's board of directors.

Brice Scheschuk is a Co-founder and the Chief Financial Officer f Globalive Communications / WIND Mobile. He has been with Globalive / WIND for ten years in a senior finance capacity and is responsible for all aspects of finance, facilities, business planning, human resources and procurement including direct responsibility for raising $1.5 billion in capital. Globalive / WIND is a leading Canadian telecommunications service provider with a national fixed and wireless footprint and 1,500 employees.

"TransGaming is a company that I believe is on the cusp of strong global growth with experienced leaders who are not afraid to disrupt the status quo," commented Brice Scheschuk. "The company executed many exciting changes in recent months and delivered a record fiscal year, which are testaments to their dedication to succeed. It is an exciting time to be joining the company's board of directors and I look forward to helping TransGaming become a global force in the interactive industry."

The addition of Mr. Scheschuk to the TransGaming board of directors is the latest in a number of decisive steps taken by the company to systematically enhance all facets of the business. Mr. Scheschuk brings significant experience and leadership in the tech industry, having been involved in some of the most exciting Canadian startups in the last two decades.

"Brice Scheschuk has an enviable record of bringing global success to consumer companies. His addition to the TransGaming board of directors underscores the aggressive growth path we are forging," commented Vikas Gupta, CEO & President of TransGaming. "TransGaming has transformed itself in leaps and bounds within the last year, resulting in tangible, strategic refinements. I am confident that the addition of Brice Scheschuk will be a catalyst for greater success."

Brice Scheschuk Biography

Brice Scheschuk is a Co-founder and the Chief Financial Officer of Globalive Communications / WIND Mobile. He has been with Globalive / WIND for ten years in a senior finance capacity and is responsible for all aspects of finance, facilities, business planning, human resources and procurement including direct responsibility for raising $1.5 billion in capital. Globalive / WIND is a leading Canadian telecommunications service provider with a national fixed and wireless footprint and 1,500 employees. Brice is the CFO of Globalive Capital and AAL Corp as well as Co-President of Brave Investment, investment holding companies focused on private and public company and fund investing and manages approximately $100 million in assets across a number of investment classes including alternative funds, private and public equity, venture capital, angel, real estate, CPC's, SPAC's and RTO's. He is the Chairman and Director of Samba Days, a gift experiences company, and a past director of a number of public and private companies including Web Host Industry Review, iLookabout, Hy-Drive Technologies and Varicent Software. Brice is a Canadian Chartered Accountant and earned his designation at Coopers & Lybrand in 1997. A passionate entrepreneur and investor, Brice has been involved in some of the most exciting start-ups in Canada over the past 20 years.

About TransGaming Inc.

TransGaming Inc. (TSX VENTURE:TNG) is the global leader in developing and delivering platform-defining social video game experiences to consumers around the world. From engineering essential technologies for the world's leading companies, to engaging audiences with truly immersive interactive experiences, TransGaming fuels disruptive innovation across the entire spectrum of consumer technology. TransGaming's core businesses span the digital distribution of games for Smart TVs, next-generation set-top boxes, and the connected living room, as well as technology licensing for cross-platform game enablement, software 3D graphics rendering, and parallel computing. Visit us at http://transgaming.com

Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements include estimates and statements that describe future plans, objectives or goals, including words to the effect that the Company or its management expects a stated condition or result to occur. Forward-looking statements are based on management's estimates, beliefs, and opinions and there can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements due to a number of risks and uncertainties as described in the Company's regulatory filings available on SEDAR. Accordingly, readers should not place undue reliance on forward-looking statements. The Company also assumes no obligation to update forward-looking statements, other than as may be required by applicable securities legislation.

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

  • TransGaming Inc.
    Jean-Francois (JF) Dube
    Investor Relations - Canada
    +1 877 848 8790
    investors@transgaming.com

    Wolfe Axelrod Weinberger Associates LLC
    Adam P. Lowensteiner
    Investor Relations - United States
    +1 212 370 4500
    adam@wolfeaxelrod.com