Poda Appoints Patrick Gray to Board of Directors

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(TheNewswire)

  

Vancouver, BC / TheNewswire / November 26, 2018 – PODA TECHNOLOGIES LTD. ("Poda" or the "Company") is pleased to announce the appointment of Patrick Gray to its Board of Directors. Mr. Gray is the founder and owner of sCube Inc. a niche IT Service provider that focuses on E-Discovery, E-Licensing, Application Development and IOT and has been awarded Best Places to Work by the Business Review. The first start-up he was involved in was sold to Xerox for $220 million dollars and he stayed on to become the youngest executive in Xerox history.

 

Patrick has started multiple successful companies and raised millions of dollars from private investors. He is a serial entrepreneur and started several companies, including a commercial real estate technology company and a sports gaming company. One of his start-ups sponsored a nationally televised race, the Indy 225 at the New Hampshire Motor Speedway, which was televised on NBC. Mr. Gray has been recognized with two of his companies on his Alma Maters wall of success. He is also a recipient of the Business Reviews "40 under 40." Mr. Gray obtained a bachelor degree in computer science and a minor in business from Siena College in New York.

 

Mr. Gray replaces Russell Henderson on the Board of Directors. The Company wishes to thank Mr. Henderson for his contributions and commitment to advancing the Poda vaporization technology.

 

On Behalf of the Board,

Ryan Selby

Chief Executive Officer and Director

About Poda

 

Poda is actively engaged in the development and commercialization of vaporizable products, which have the potential to reduce the risks associated with combustible products. In addition to several other intellectual property holdings, the Company has developed an innovative heat-not-burn vaporization system that uses proprietary biodegradable single-use pods, which are both consumer and environmentally friendly. Poda’s patent-pending design prevents cross-contamination between the electronic vaporization device and the pod, eliminating all cleaning requirements and providing users with the most convenient and enjoyable potentially risk-reduced vaping experience. Pod refill options range from dried flower and tobacco to liquids and concentrates, and can easily be switched during vaping sessions to suit any adult consumer’s mood.

 


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This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals, where applicable and the state of the capital markets. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

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