MONTREAL, July 9, 2014 (GLOBE NEWSWIRE) -- Select-TV Solutions, Inc. ("SELT" or the "Company") (OTCQB: SELT) announced today that Mr. Geoffrey Mott ("Mr. Mott") has been appointed as the Chief Executive Officer ("CEO") of SELT.
Mr. Mott, 61, has extensive experience as a Senior Executive, financial and strategic advisor and has been closely involved with a number of successful US and Canadian companies in the digital media and other high-tech sectors. Mr. Mott started his career in 1978 at The Boston Consulting Group and was a founder of two successful technology companies before becoming a Managing Director at VantagePoint Capital Partners in 2003 ("VPCP"). At VPCP Mr. Mott oversaw the company's Montreal-based portfolio of IT investments and was involved in over $100M of direct investments across multiple IT sectors, including Touchtunes Interactive Media, where he became SVP of Strategic Planning in 2009 and negotiated a major financing package. Before joining Select-TV Solutions, Geoff was CEO of Exymion Partners, an operational and financial consultancy based in Boston and Senior Advisor to Acuitus Technologies where he instituted a very successful program to connect previously unemployed veterans trained on the company's digital tutor platform with major IT employers. Geoff received his BA (1st Class Honors) and MA from Oxford University and a Master of Science in Management from the Sloan School of Economics at MIT, where he specialized in Finance, Economics and System Dynamics and was a Master's thesis prizewinner.
"I am excited to be appointed CEO of Select-TV Solutions Inc. Our mission shall be to evaluate and acquire an interactive technology platform for the hospitality industry. I appreciate this exciting opportunity and look forward to building a great team and creating shareholder value.
Select-TV Solutions, Inc.'s Chairman, Philippe Germain stated "I'm very pleased to welcome a CEO of this caliber. I have know Geoff for the past two. Geoff is one of the most effective leaders I have met in my career. He is a great asset for Select-TV and I trust his leadership to bring the company to the level we are looking for.
About Select-TV Solutions, Inc.
Select-TV Solutions is a development stage company within the film, television and online entertainment industry.
Forward-Looking Statements: Except for statements of historical fact, this news release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on SELT's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors over which SELT has little or no control. Such forward-looking statements are made only as of the date of this release, and SELT assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by SELT with the Securities and Exchange Commission. This press release does not and shall not constitute an offer to sell or the solicitation of any offer to buy any of the securities, nor shall there be any sale of the securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The securities have not been registered under the Securities Act of 1933, as amended (the "Securities Act") or any state securities laws, and may not be offered or sold in the United States absent registration, or an applicable exemption from registration, under the Securities Act and applicable state securities laws.
Mr. Philippe Germain, Chairman