SAN FRANCISCO, Oct. 3, 2019 /CNW/ - Customer experience
solutions company McorpCX, Inc. (TSXV: MCX, OTCQB: MCCX) ("McorpCX"
or the "Company") has announced that Mr. Rajesh Makhija has
informed the Company's board of directors of his intention to
resign for personal reasons as the Company's President and Chief
Executive Officer effective on September
30, 2019. In connection with his resignation as the
Company's President and Chief Executive Officer, Mr. Makhija also
resigned from the Company's board of directors, effective on the
same date.
The Company's board of directors has appointed Mr. Gregg Budoi as the Company's Interim President
and Chief Executive Officer. Mr. Budoi has previously served as the
Company's President and Chief Executive Officer and is intimately
familiar with its operations.
Additionally, the Company's board of directors has appointed Mr.
Giuseppe Perone to serve as a
director effective immediately. Mr. Perone is a Canadian lawyer
serving as an executive and director for various public and private
companies in the resource and technology sectors. He is currently a
director of Interlapse Technologies Corp. (TSXV: INLA / OTCQB:
INLAF) and Corporate Secretary of TAG Oil Ltd. (TSX: TAO / OTCQX:
TAOIF). Mr. Perone's expertise covers securities, corporate
commercial, M&A capital markets' matters, regulatory compliance
and corporate governance.
About McorpCX
McorpCX (http://mcorp.cx) is a customer experience services
company targeting the global Customer Experience Management (CEM)
market estimated by marketsandmarkets to grow from
USD$5.06 Billion in 2016 to
USD$13.18 Billion by 2021. Customers
range from Fortune 100 brands to fast-moving mid-market leaders and
other customer-centric companies. McorpCX is focused on pursuing
value-enhancing growth opportunities for its shareholders.
For more information, please contact:
General Information: 1-866-526-2655 toll free in the U.S., or
+1-415-526-2655
Investors: ir@mcorp.cx
Website: http://mcorp.cx
Twitter: @McorpCX (https://twitter.com/mcorpcx)
Forward-Looking Statements
Certain statements contained in this press release may
constitute "forward-looking statements" within the meaning of
the United States securities laws
and applicable Canadian securities legislation. These statements
are, in effect, management's attempt to predict future events, and
thus are subject to various risks and uncertainties. Readers should
not place undue reliance on forward-looking statements, which
reflect management's views only as of the date hereof. All
statements, other than statements of historical fact, regarding our
financial position, business strategy and management's plans and
objectives for future operations are forward-looking
statements. When used in this press release, the words
"anticipate," "believe," "estimate," "expect," and "intend" and
words or phrases of similar meaning, as they relate to the Company
and its management are intended to help identify forward-looking
statements. Although we believe that management's
expectations as reflected in forward-looking statements are
reasonable, we cannot assure readers that those expectations will
prove to be correct. Forward-looking statements include
statements relating to the Company's business and operations as
well as the anticipated growth of the Global Customer Experience
Management (CEM) market. Such statements involve assumptions
relating to the Company's business, the ability of the Company to
execute on its business plan, the competitive environment of the
Company's products and services and the future development and
pricing of the Company's products and services. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the Company's actual
results to be materially different from any future results
expressed or implied by these statements. Such factors include the
following: general economic and business conditions, changes in
demand for the Company's products and services, changes in the
competitive environment and the introduction of competing software
solutions by competitors, the Company's ability to complete any
future required financing and the Company's dependence upon and
availability of qualified personnel. In light of these and other
uncertainties, the forward-looking statements included in this
press release should not be regarded as a representation by the
Company that its plans and objectives will be achieved. These
forward-looking statements speak only as of the date of this press
release, and the Company undertakes no obligation to update or
revise the statements.
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.
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SOURCE McorpCX, Inc.
