biz.yahoo.com
VANCOUVER, May 29 /CNW/ - Border Capital Corp. (CDNX:BOP)("Border" or the "Company") is very pleased to announce that
Mr. Eamon Hoey has been
appointed to the Company's Board of Directors.
Mr. Hoey, Canada's leading telecommunications strategist, is Senior Partner of Hoey Associates, a telecommunications
consulting firm. Mr. Hoey brings to Border
almost 30 years of business experience and a significant depth of knowledge with respect to the strategic business, marketing
and operational issues that impact on
enterprise development and wealth creation, with particular expertise in governing publicly traded companies. Management is of
the view that Mr. Hoey will be
instrumental in creating long-term sustainable shareholder value. In committing to assist the Company, Mr. Hoey stated,
"I am a dedicated team player with a host of skills, imagination and a
belief in plain old hard work. These are key ingredients that will make
this Company's iTVgames plan of business an operational success, and
create long term sustainable shareholder value."
Mr. Hoey's knowledge of advanced telecommunications and eCommerce technologies is complimentary to operational plans by
the Company to deploy interactive
lottery games that dramatically improve the convenience, speed, ease and fun of playing at home on conventional television, the
Internet and on interactive television
sets supported by Web TV©, Pop TV©, Direct TV© or digital cable systems now emerging in the marketplace. Mr. Hoey is
currently Chairman of eStation.com
Inc., a developer of eCommerce, advertising and value-added service solutions for public access devices. He is also a former
director of TeleBackup Systems Inc.,
a publicly traded supplier of enterprise data storage management software. TeleBackup created significant shareholder value
when it was sold to Veritas Software
Corporation (NASDAQ:VRTS - news). Mr. Hoey is a frequent commentator in the media with respect to telecommunications
issues. Mr. Hoey was one of the
founders of Optel Communications Corp. (TSE:OCC.B), a Canadian local telecommunications service provider. His involvement
with Optel provided him with first
hand experience in the challenges faced by entrepreneurial companies providing innovative services in a competitive environment.
The Company has granted stock options, subject to regulatory consent, to Mr. Hoey for 300,000 common shares at an exercise
price of $0.70 per share for a
period of two years.
Border Capital Corp. develops broadband Internet and interactive television lottery game systems, protected by U.S. and
International Patents. Border is also a
majority investor in the St. Mary's Entertainment Center, a successful licensed gaming facility located in Fredericton, New
Brunswick.
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this
release. |
