CALGARY, ALBERTA and LONDON, ENGLAND--(Marketwired - Sept. 6, 2016) - Vogogo Inc. ("Vogogo" or the "Company") (TSX VENTURE:VGO) announces today that Tom Wenz will be resigning as the Chief Operating Officer and Chief Financial Officer of the Company, with an effective date of September 30, 2016. Mr. Wenz has also agreed that he will not stand for re-election at the Company's upcoming annual general meeting of shareholders.
The Company gratefully acknowledges Mr. Wenz's contribution to the process of transitioning Vogogo's business in 2016, including the discontinuance of its payment processing services.
About Vogogo Inc.
Vogogo Inc. has provided payment processing and related transaction risk services. The Company has developed software that administers multiple electronic payment types in the US, UK and Canadian markets. During 2016, Vogogo has discontinued its payment processing services and the Company is now assessing alternate business opportunities. The head office is located at 400, 320 - 23rd Avenue SW, Calgary, Alberta, Canada, T2S 0J2. The registered office is located at Torys LLP, 4600, 525 - 8th Avenue SW, Calgary, Alberta.
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Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements. The words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by Vogogo. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Vogogo. Vogogo does not have any obligation to update or revise any forward-looking statements except as expressly required by applicable securities laws.