Sparx Announces Board Changes

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(TheNewswire)

Sparx Technology Inc.

 

Vancouver, BC - TheNewswire - March 9, 2023 - Sparx Technology Inc. (TSXV:SPRX) (OTC:STCXF) (“Sparx” or the “Company”) is pleased to announce that Andy Batkin has been appointed as Director and Executive Chair of the Company.

Mr. Batkin currently serves as the Chief Executive Officer of Duration Media LLC, a leading global ad-tech software company that has built an innovative and unique supply path that offers brand-safe, highly viewable premium ad inventory from an extensive catalogue of publisher domains. In addition, Duration Media is dedicated to establishing a sustainable future with a new ad tech product called Sequency™, a proven solution for ad buyers that reduces carbon emissions versus selling offsets. 

Andy is known as one of the founders of the digital media business back in 1994 when he wrote the business plan for YAHOO and created their business model. During his 30-year career, Andy has acted as both Chief Executive Officer and Chief Revenue Office for numerous media, marketing, and strategic consulting companies, and has assisted some of the largest media entities in the world with building extensive digital and social media experiences.

On Andy’s appointment, Sparx Director Drew Craig commented, “Andy’s strategic skills and experience in the media and entertainment industry provides a significant benefit to Sparx. Andy has been a friend of the Company for nearly a decade, and we’re thrilled to have him on in an official capacity.”

In connection with Andy’s appointment, Kirstine Stewart has stepped down as a Director and Executive Chair. “I would like to personally thank Kirstine for her service acting as a Director. Her insight and experience was invaluable to a young public company like Sparx,” said director Drew Craig.

 

On behalf of the Board

Al Thorgeirson

CEO and President

 

For further information, please contact:

Al Thorgeirson

CEO and President

(403) 471-3503

[email protected]

       

Investor relations

(778) 732-5055

[email protected]

 

ABOUT SPARX:

Sparx is an interactive media technology company whose principal activities are providing media companies and sports teams with technologies to engage audiences. The patented Sparx platform enables broadcasters, streamers, and video producers to engage viewers for longer, generate new revenue opportunities, and create lean-forward experiences for audiences eager to join the action. Millions of users can connect to the Sparx platform and interact simultaneously on their mobile phone, tablet, or computer anywhere in the world, in real time.

For more information about Sparx, visit the Company’s website at www.sparxtechnology.com

 

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

 

Forward-Looking Statements

Statements included in this news release, including statements concerning the Company’s plans, intentions, and expectations, which are not historical in nature, are intended to be, and are hereby identified as, “forward‐looking statements”. Forward-looking statements include, among other matters, the anticipated use of the Loans. Forward‐looking statements may be, but are not always, identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements. There can be no assurance that any forward-looking statement will prove to be accurate or that management's assumptions underlying such statements, including assumptions concerning the Company or future developments, circumstances or results will materialize. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake to update or revise any forward-looking information included herein, except in accordance with applicable securities laws.

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