Webtech Wireless Inc.

Webtech Wireless Inc.

October 09, 2013 06:00 ET

Webtech Wireless Announces the Appointment of Trevor Greene as Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 9, 2013) - Webtech Wireless Inc. (TSX:WEW), a leading provider of vehicle fleet location-based services (LBS) and telematics technology, today announced that Trevor Greene has been appointed as Chief Financial Officer of the Company, effective October 9, 2013.

Mr. Greene is being promoted to the position of Chief Financial Officer following the departure of Andrew Morden, who has resigned.

Mr. Greene joined Webtech Wireless as Director of Finance in early 2011 and is a former Chief Financial Officer of Norsat International Inc. (TSX:NII), a Vancouver-based broadband communications company. Mr. Greene is a chartered accountant with substantial experience in the technology and communication industries as well as experience with process engineering and cost management and analysis. He qualified as a Chartered Accountant with Ernst & Young, where he served as a manager within the assurance practice.

"Trevor's experience as a former public company CFO, and his time with Webtech Wireless more than qualifies him to lead our financial operations, join our executive management team, and to work closely with our board on strategic and governance issues as Webtech Wireless focuses on growing its subscription revenues and subscriber base in the coming years," said Scott Edmonds, Webtech Wireless President and CEO. "I would personally like to thank Andy on behalf of all of our staff, board of directors and shareholders, for his hard work and contributions to Webtech Wireless over the past three years. In addition to his strategic and operational accomplishments Andy built a great team and his strength as a financial leader is evidenced by the significant improvement in Webtech Wireless' key financial metrics during his tenure as Chief Financial Officer."

About Webtech Wireless®

Webtech Wireless (TSX:WEW) is a leader in providing fleet management telematics, GPS and automatic vehicle location (AVL) solutions that improve efficiency, accountability and reduce costs. Our end-to-end solutions automate record keeping and regulatory compliance, reduce fuel burn and idling, mitigate risk, and keep drivers safe. Managers trust us to ensure people are accountable and vehicles are visible. Through the cloud, in the office, or straight to mobile devices, we deliver Fleet Intelligence Anywhere™. Our products are InterFleet®, for government winter maintenance, public works and waste management fleets; and Quadrant®, for commercial fleet operations and compliance (HOS, EOBR). Please visit www.webtechwireless.com.

All amounts in Canadian dollars (CAD$) unless otherwise noted. The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release. Trademarks are the property of their owners.

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