Axion Ventures Appoints Yoshihiro Obata to the Company’s Board of Directors

Axion Ventures (TSXV:AXV), a company that owns Axion Games, an online video game development and publishing company announced the appointment of Yoshihiro Obata to the company’s board of directors.

The company said that Obata has over 30 years of experience with technology companies as a founder, software engineer among other roles.

As quoted in the press release:

Most recently, Mr. Obata was a founding member, Director and CTO of eAccess, an ADSL wholesale company, which acquired a 3G license in 2005 and successfully introduced LTE in 2012 (under the EMOBILE brand). In 2013, after the acquisition of eAccess by Softbank, he moved to Equinix Japan and has served as the President & CEO of BizMobile since 2015.

Todd Bonner, CEO and Chairman of Axion states, “We are very pleased to have Mr. Obata join the Company’s Board. His network, technical background, and executive & board experience will assist Axion in advancing current mandates as well as rounding out the expertise of the Board.”

In connection with the appointment of Mr. Obata, the Company also announces the resignation from the Board of Mr. Birathon. The Company thanks Mr. Birathon for his service and wishes him the best in his future endeavors.

Concurrent with Mr. Obata’s Board appointment, Mr. Obata has been granted a total of 500,000 incentive stock options. Each stock option will allow Mr. Obata to purchase a common share of Axion at a price of $0.90, with an expiry of 5 years and subject to a standard three-year vesting period.

Click here for the full press release.