Zonetail is Pleased to Announce That The Company Has a New CTO

·3 min read

Toronto, Ontario--(Newsfile Corp. - December 2, 2021) - Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) ("Zonetail" or the "Company") is pleased to announce that it has engaged David Arbuthnot as the Company's Chief Technology Officer. David worked for Zonetail in 2015 and has been the Company's technology mentor since February 2021. David's previous experience includes more than 25 years across a variety of industries. David has held product, technology, and innovation leadership roles with a variety of companies including Wawanesa Insurance, IMS Technologies, KPMG Consulting and Procter & Gamble.

"We are very excited to have David join the Zonetail team as our new CTO," said Mark Holmes, President and CEO. "David has been serving on Zonetail's Advisory Board for several years, and more recently as a technology consultant since February 2021. Having him take on the full role of CTO is a big win for us and insures strong product development and integrations in 2022."

The Company also wishes to announce that it has granted 800,000 stock options to two consultants of the Company at a price of $0.06. The stock options vest over 2 years and expire on December 1, 2026.

About Zonetail

Zonetail Inc. (TSXV: ZONE), (OTCQB: ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently has signed an integration agreement with Yardi, the largest property management software company in North America.

Please visit https://www.zonetail.com.

For more information, please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 994-5399
mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail's current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "aim", "estimate", "intend", "plan", "seek", "believe", "potential", "continue", "is/are likely to" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail's business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106322

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