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Universal PropTech Names Elizabeth McDonald and Dwayne Matthews to Advisory Board and Announces Option Grant

Universal Proptech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the appointments of Ms. Elizabeth McDonald and Mr. Dwayne Matthews to the Company's Advisory Board. Ms. McDonald is the former President of the Canadian Energy Efficiency Alliance and the Canadian Solar Industries Association. Mr. Matthews is considered a Chief Innovation Evangelist and Future of Education Strategist for school boards, educators and parents and understands and advises regarding new and evolving themes in the 21st century, the future of work and how to help prepare children to thrive in a rapidly evolving digital information driven world.

In addition, the Company announces it has granted an aggregate of 450,000 stock options ("Options") to certain consultants and employees pursuant to the Company's stock option plan. The Options vest immediately and are exercisable into common shares of the Company ("Shares") at an exercise price of $0.45 per Share for a period of three years from the date of grant. The grant of options is subject to the approval of the TSX Venture Exchange.

The President and CEO of Universal Proptech Inc., Mr. Chris Hazelton, stated, "We are improving our "Trusted Advisor" relationship with customers, and we are thrilled to grow our team with industry leaders such as Elizabeth and Dwayne." Mr. Hazelton further commented that, "Recent successes of indoor air quality equipment and building controls sales and mechanical service agreements are enabling us to scale our sales efforts."

"I have known Universal PropTech group for some years and I am excited to work with them and be a part of their focus in delivering innovation in the education sector," stated Dwayne Matthews.

"I look forward to adding value to Universal PropTech's healthy building approach as they continue to grow and seek out best in class technology solutions. There is a need to educate institutional customers on best practices in procurement of energy efficiency and demand energy resources for the low carbon economy," stated Elizabeth McDonald.

Ms. McDonald will advise the Company on Building Performance and Energy Resources divisions, among other corporate initiatives, while Mr. Matthews will be advising on innovation and sustainability within the education sector across North America.

Universal PropTech's Advisory Board is currently comprised of: Adam Szweras, Robert Daniels, David Berry, Elizabeth McDonald and Dwayne Matthews.

About Elizabeth McDonald

Ms. McDonald has more than 25 years' experience as a senior executive, industry advocate, industry advisor and board member in government relations, advocacy, organizational management, and communications. In August of 2012, she accepted the position of President and Chief Executive Officer of the Canadian Energy Efficiency Alliance, the national voice of energy efficiency and conservation in Canada, and was previously President of Canadian Solar Industries Association, the national trade association that represents the interests of all aspects of the solar industry in Canada. Ms. McDonald retired from that position in October of 2017. Ms. McDonald has previously held senior executive positions in film, television, production and digital media world.

Ms. McDonald has collaborated with the Department of Foreign Affairs and International Trade, who named her an Investment Canada Champion, and she sat on the Building Code Conservation Advisory Council for Ontario's Ministry of Municipal Affairs.

In June of 2017, Ms. McDonald was appointed to the board of a new Government of Ontario Agency - the Green Ontario Fund (which was disbanded following the 2018 provincial election). Recently, Ms. McDonald was named to be a Regional Councilor for TVOntario. Elizabeth sits on several Boards.

About Dwayne Matthews

Mr. Matthews is an innovation evangelist and "future of education" strategist and converges and shares knowledge on the future of education, disruptive technology, and the evolution of work. Mr. Matthews advises governments, boards, educators and parents on the 4th industrial revolution, the future of education, future of work and its impact on national security and prosperity.

Mr. Matthews is also an advisory board member for XPRIZE Connect, Future of Learning Lab, a new learning initiative that focuses on the democratization of access to learning through technology that empowers the next generation of innovators, he also sits on the board of Hackergal and the Ontario Virtual School.

Mr. Matthews also served as the Senior Education Lead for the Faubert Applied Research Centre. The Faubert Applied Research brought together researchers and experts in cognitive human performance from industry, government, and academia to bridge the gap between research and unmet real life applications.

Mr. Matthews recently addressed the United Nations on issues and opportunities around the future of education, digital literacy, cognitive abilities and the 54 countries of Africa.

Before that Mr. Matthews was an international educator at one of the top five private schools in South America and the junior chairperson at a Toronto District School Board school in Toronto, Canada. He was also a member of the core strategic planning team at The FDR International School, in Lima, Peru.

Mr. Matthews is a recipient of the BAIE Trailblazer In Innovation Award, and he is also a regular guest and Future of Education expert on Canada's national breakfast show, YourMorning, as well as The Marilyn Denis Show.

About Universal Proptech Inc.

Universal Proptech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings. As trusted advisors, we provide holistic evidence-driven solutions and services for building developers, owners, and operators in Canada. UPI operates through its wholly owned subsidiary, VCI Controls Inc. ("VCI"), a leading supplier and integrator of PropTech healthy building solutions and services. VCI is an industry leader in the acquisition and deployment of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI's business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With headquarters in Toronto, Universal Proptech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com.

Contact Information

Universal Proptech Inc.
Chris Hazelton
President and Chief Executive Officer
chazelton@universalproptech.com
(647) 300-2957

Additional Universal PropTech Statement

The Company diligently posts updates through videos from the official company YouTube channel: https://www.youtube.com/channel/UCRYxig8nvpmMeDNaK_6OOSw

Please join the conversation on our Universal PropTech supporter's telegram group at:
https://t.me/UniversalPropTech

Forward Looking Statements

Certain information provided in this press release constitutes forward-looking statements and information within the meaning of applicable securities laws. Forward-looking information typically contains statements with words such as "anticipate", "believe", "forecast", expect", "plan", "intend", "estimate", "propose", "project", or similar words suggesting future outcomes. The Company cautions readers and prospective investors in the Company's securities not to place undue reliance on forward-looking information as, by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by the Company.

The forward-looking information included herein is expressly qualified in its entirety by this cautionary statement. The forward-looking information included herein is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances, except as required by law.

Neither the TSX Venture Exchange ("Exchange"), nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87116

News Provided by Newsfile via QuoteMedia

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Information Management Experts Gather to Explore How AI Elevates Human Potential at OpenText World Europe 2024

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, is set to host OpenText World Europe 2024 April 15 18, 2024, with a series of in-person customer conferences taking place in London Munich and Paris . The event series will bring together industry leaders, innovators, and customers to discuss how technology can enable global organizations to build for growth, experience, and sustainability.

OpenText logo (PRNewsfoto/Open Text Corporation)

"AI is revolutionizing the business world as a force multiplier for human potential. At the center of this force is trust and authenticity. Our enterprise customers need trusted, governed data to fuel the possibilities of AI. When advanced cloud technologies are applied securely to private data, organizations can get newfound value from their existing IP and begin to build trust with autonomous decisions from AI," said Mark J. Barrenechea , CEO and CTO, OpenText. "At OpenText World Europe, we look forward to showcasing how our OpenText Aviator solutions are empowering organizations to redefine roles and elevate their employees to be their best."

OpenText World Europe will provide an inspiring overview of the company's next generation developments in the cloud and at the edge. From IOT to AI-persona assistants, the innovations to be unveiled will inspire attendees to reimagine their daily work and experiences. From the CIO to the software quality engineer to the IT service manager to insurance claims agent – tomorrow's workplace will be transformed by bringing together automation and AI to disrupt our traditional cultures of knowledge.

Attendees will also learn more about OpenText Aviator – the company's family of generative AI capabilities that leverage large language models (LLMs) and private data sets to solve specific use cases. Attendees will learn first-hand from experts detailing their experiences implementing industry-specific solutions, and challenges they overcame along the way.

Event Dates:

  • London : April 15th , QEII Centre, Central London
  • Munich : April 16-17th , MOC – Event Center Messe Munich
  • Paris : April 18th , Maison de la Chimie, Central Paris

Event Highlights:

  • A keynote from OpenText CEO & CTO Mark J. Barrenechea, on AI as a force multiplier for human potential and how our next generation of information management, Edge, AI, and Security are solving tomorrow's most complex problems.
  • A keynote from Chief Product Officer Muhi Majzoub, who will dive into OpenText's cloud roadmap with Titanium X to showcase how security, trust, and governance are at the center of serving our customers.
  • Distinguished customer speakers including Carsten Trapp , CIO, Carl Zeiss , set to take center stage in Munich , and Leon Van Niekerk , Senior Manager of Test Center of Excellence, Pick-N-Pay, presenting in both London and Paris , will demonstrate how their work with OpenText has propelled their organizations forward and provide their unique industry perspectives on the future challenges and opportunities presented by AI.
  • Guest speaker Bertrand Piccard, the force behind Solar Impulse, the first airplane to fly around the world without a drop of fuel, will highlight the environmental protection goals of his recently launched World Alliance for Efficient Solutions, sharing how he envisions ecology through the lens of profitability, promoting clean and profitable solutions that are "logical" more than just "eco-logical".
  • Breakout sessions featuring updates on the combination of Aviator with each of the OpenText clouds – AI & Analytics, Content Services, Business Network, Digital Experience, Cybersecurity, IT Operations Management (ITOM) and Application Delivery Management (ADM).
  • Turbo talks that dive into the market trends, challenges, and areas of strategic interest that matter most to organizations in Europe.
  • Interactive labs offering the opportunity to experience the latest OpenText innovations, complete training courses, and contribute to product roadmaps.
  • Extensive networking opportunities to connect with OpenText experts, partners and industry peers throughout all the events.

Registration is now open, and the full agendas are available for OpenText World Europe – London , Munich and Paris . Come reimagine work with OpenText and chart your journey to the Future of AI.

About OpenText

OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com

Connect with us:

OpenText CEO Mark Barrenechea's blog

Twitter | LinkedIn

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website ( https://investors.opentext.com ). Such social media channels may include the Company's or our CEO's blog, Twitter account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication.

Copyright © 2024 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents .

OTEX-G

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/information-management-experts-gather-to-explore-how-ai-elevates-human-potential-at-opentext-world-europe-2024-302091600.html

SOURCE Open Text Corporation

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