Urbanimmersive Technologies Inc.
TSX VENTURE : UI

Urbanimmersive Technologies Inc.

June 25, 2015 12:48 ET

Urbanimmersive Technologies Announces Appointment of Directors

MONTREAL, CANADA--(Marketwired - June 25, 2015) - Urbanimmersive Technologies Inc. ("Urbanimmersive") (TSX VENTURE:UI), is pleased to announce the appointment of directors.

Alexandre Henry-Lebel, who joined the Company in 2013, is appointed Chief Technology Officer of Urbanimmersive Technologies. Mr. Henry-Lebel is a software engineer graduated from Montreal Ecoles de Technologie Supérieur. He has distinguished himself by his technical and strategic input into the development of new web platforms at Urbanimmersive.

Martin Thibault is appointed Interim Chief Financial Officer. Mr. Thibault is Chief Operating Officer of Urbanimmersive since 2012 and has the experience and knowledge for his new role. He will continue to act as COO.

Urbanimmersive Technologies announces the departure of Jean Asselin who held the Interim CFO position since 2014.

"The last few months have been months of intense reorganization for Urbanimmersive. We have made the necessary changes to reduce our operating costs while focusing our efforts on the development and commercialisation of our new blog platform and our new online marketplace that put forefront our immersive technology. Our recent financial statements as well as our commercial developments show that we are going in the right direction. The reorganization of the management team is part of our efforts to maintain optimal operations in connection with our strategic objectives.

About Urbanimmersive

Based in Laval, Quebec, Canada, Urbanimmersive is a digital media company dedicated to the online real estate market. The company provides marketing content production services and innovative technology solutions specifically designed to increase productivity and business revenues of its customers. The company's customers are primarily home builders, promoters, real estate brokers, brokerage agencies and real estate portals operators.

For more information, visit www.tecnologies.urbanimmersive.com

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

Caution on Forward-Looking Statements

Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements may differ materially from actual results or events. As a result, readers are cautioned not to place undue reliance on these forward-looking statements. For additional information with respect to certain of these and other assumptions and risk factors, please refer to the Corporation's management proxy circular dated March 25, 2015, and filed with the Canadian securities commissions. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements.

SOURCE:
Urbanimmersive Technologies Inc.

For further information regarding
Urbanimmersive Inc. / Urbanimmersive Technologies Inc.:
Ghislain Lemire, President and CEO
514-394-7820
ghislainlemire@urbanimmersive.com

Contact Information

  • Source:
    Urbanimmersive Technologies Inc.

    For further information regarding
    Urbanimmersive Inc. / Urbanimmersive Technologies Inc.:
    Ghislain Lemire, President and CEO
    514-394-7820
    ghislainlemire@urbanimmersive.com