TORONTO, May 19, 2022 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT Media” or “ARHT” or the “Company“) [TSXV:ART]the global leader in the development, production and distribution of high-quality, low-latency holograms and digital content, today announced that Hanna Ayyad will join ARHT Media as its new Chief Financial Officer effective May 19. 2022, alongside the retirement of the current CFO. Rick Blum.
Hanna was most recently CFO of Silfab Solar Inc., the North American manufacturing leader in the design and development of ultra-high efficiency, premium quality solar panels, where he joined the company as an employee. #2 and oversaw a variety of departments as the company grew from start-up to become the second-largest solar manufacturer in North America with three full-scale facilities and over 650 employees. Hanna was instrumental in overseeing the recent sale of a significant stake in the company to private equity investors. As CFO, Hanna was responsible for financial reporting, banking and treasury, in addition to providing support roles in IT, HR, procurement and legal. Hanna’s past work experience also includes international business consulting, technology marketing and sales, and agriculture industry operations.
“I am very pleased to join ARHT Media as the new Chief Financial Officer at this very exciting time in the evolution of the company. My years of experience working with small, growing businesses will help me in this role and I look forward to contributing to the future of ARHT. In taking this position, I believe ARHT technology has only scratched the surface of what it can do and I look forward to this exciting opportunity,” said Hanna Ayyad.
“I welcome Hanna to the ARHT Media team and look forward to the positive contribution he is sure to make,” said Larry O’Reilly, CEO of ARHT Media. “I am thrilled to be working with Hanna as we both share the long term goal of making ARHT Media the largest hologram and digital content company in the world. I also want to take this opportunity to thank Rick for all his incredible contributions to ARHT Media over the past few years Rick has served as COO and CFO since February 2018. Rick will be retiring in Q2 2022 once the smooth transition to Hanna is complete and we wish him the best in this upcoming chapter of his life.”
About ARHT Media
ARHT is a pioneer in the live hologram industry and their HoloPresenceMT The technology offers a complete end-to-end solution for capturing, transmitting and displaying live holograms for in-person, hybrid and online events. They offer a range of hologram display solutions suitable for multiple use cases, including a high-end online presentation solution, the Virtual Global StageMTand the world’s largest holographic telepresence network of hologram capture and display locations, ensuring a presenter can teleport into a meeting or event as a live hologram from virtually anywhere in the world. the world.
Connect with ARHT Media
For more information, please visitwww.arhtmedia.com or contact the Investor Relations group at firstname.lastname@example.org.
ARHT Media trades under the symbol “ART” on the TSX Venture Exchange.
This press release may contain “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, the intention to exercise the Company’s convertible securities; the Company’s sales funnel disclosure; Company technology; potential uses of the Company’s technology; future planned events using the Company’s technology; the future success of the Company; the Company’s ability to monetize ARHT Media technology; the development of the Company’s technology; and the parties’ interest in ARHT’s products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “expects”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or states that certain actions, events or results “may”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be carried out”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to differ materially from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; the risks inherent in technological operations; and other technology industry risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be those anticipated, estimated or expected. There can be no assurance that such information 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 information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
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