VANCOUVER, British Columbia, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Calyx Bio-Ventures Inc. (TSXV:CYX) (“Calyx” or the “Company”) is pleased to announce that it has established a new Advisory Board with the initial appointment of Patrick Audley.
Mr. Patrick Audley is presently a Principal of Blackcat Informatics Inc., an independent consulting firm, where he leads the firm’s crypto-business practice. Prior to founding Blackcat, Mr. Audley held key roles at Group Telecom, Strutta and Cogneto and well as several analytics and large scale data analysis firms.
Mr. Audley has more than two decades of crypto and startup experience and has orchestrated moving several complex high throughput systems to the cloud, among them, a social networking and marketing site that routinely supported over 10,000 concurrent users (2014), several scientific analysis pipelines including applications in genetics and satellite imagery analysis, and multi-continent deploys for high resiliency financial applications. Hallmarks of Patrick’s projects include minimizing costs, leveraging open source and off the shelf application frameworks, and maximizing development team throughput.
Mr. Audley is an active member of the Vancouver startup and development communities and enjoys fostering new talent as well as building and shepherding companies through adventurous times.
“We are very pleased to welcome Patrick as the first member of Calyx’s re-established advisory board” commented Roger Forde, President and CEO of Calyx. “It is an exciting time for our Company given the milestones we achieved in 2017, and we believe the deep understanding of blockchain and cryptocurrency change that Patrick can provide will help us accelerate the Company’s blockchain strategy.”
In connection with this appointment, the Company announces that it has granted 1,650,000 incentive stock options (the “Options”) to certain directors, officers and advisors to the Company. The Options vest immediately and may be exercised until 5:00pm (Pacific Daylight Time) on November 19, 2022, at a price of $0.21 per share
About Calyx
Calyx’s wholly-owned subsidiary, Cannigistics Agri-Solutions Corp, is a software development company that has created a software platform originally designed for advanced indoor agriculture. The original Cannigistics software platform was designed to enhance the efficiency and effectiveness of indoor agricultural operations, but has significantly evolved to include a wide range of other industries. This now positions Cannigistics to be a leader (in not only agri-software industry), but a leader in many other industries. Additionally, Calyx continues to own a portfolio of proprietary intellectual property with applications in crop enhancement and additionally messaging software assets..
For further information about Calyx, please visit www.calyxbio.com or contact:
Roger Forde
President and Chief Executive Officer
Calyx Bio-Ventures Inc.
Tel: 604.880.8822
Email: rogerf@calyxbio.com
Neither the 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.