Imex Systems Announces Rob Klein as its new CEO


TORONTO, Sept. 25, 2018 (GLOBE NEWSWIRE) -- Imex Systems Inc. ("Imex" or the "Company") (TSX VENTURE: IMEX), a software solution provider to Governments, Municipalities and Public Authorities, wishes to announce Rob Klein as its new CEO and the Board wishes to thank Kris Parthiban, the Company’s Interim President and CEO for his dedication and service. Mr. Parithiban will be staying on as the Company’s Chief Operating Officer.

Mr. Klein brings 25-years of private, public and Government market experience to Imex. While Mr. Klein has focused most of his career working with Canadian and International emerging growth technology companies, he has also consulted for various Federal and Provincial Government ministry initiatives in change/transformation management, and budgeting. Prior to joining Imex, Mr. Klein worked in the areas of AI, Blockchain, data analytics and has been a COO; CFO and VP Corporate Development for several Canadian private and public companies and has completed multiple global acquisitions and strategic partnerships.

“We are very excited to have Mr. Klein join our team, he brings to us a wealth of knowledge and experience to help us grow Imex into a leading global e-government platform. I very much look forward to working with Rob”, said  Mr. Parthiban, the Company’s Interim President and CEO.

“I see a huge potential in Imex, its’ people and their products and I very much look forward to working with the Board and my team in growing the Company”, said Mr. Klein, the Company’s new CEO.

About Imex Systems
Imex Systems Inc. is a Canadian software products and solution provider to Governments, Municipalities and Public Authorities in Canada and internationally. Imex primarily focuses on E-Government and the Smart Cities market that also include the integration to payment processing.  The company helps public sector entities to provide "Any Time, Any Where, Any Device and Any Channel" convenience for citizens to access government services and help with digital transformation of government operations and streamline revenue. Imex's various product and service offerings include: iGov - a Digital Government Platform for all levels of governments, which provides all the pre-built components for building an effective Digital Government and supporting payment processing through multiple channels; iCity - a Smart City Solution; and miGov - a Mobile Government Framework.

Forward-Looking Statements
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws. Forward looking information includes, but is not limited to, statements, projections and estimates with respect to the future revenue of the Company. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: the need for approvals from the relevant government body; future capital needs and uncertainty of additional financing; the competitive nature of the industry; the effects of product development and need for continued technology change; and those risks set out in the Company's public documents filed on www.sedar.com.

Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. 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 information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.

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

CONTACT INFORMATION
Imex Systems Inc. Rob Klein, CEO 416 937-0657 rklein@imexsystems.com