Today before the opening bell,
Inventergy Global announced the strengthening of its financial management and
investor relations processes with the goal of improving operational
effectiveness and reducing fixed operating costs. As part of these changes,
John Niedermaier has become Inventergy’s new CFO and the previous internal
Investor Relations role has been replaced with an enhanced relationship with
IRTH Communications. Mr. Niedermaier brings extensive experience in financial
management and public company compliance, and IRTH Communications adds decades
of public market experience.
“Inventergy’s core competencies lie in
the licensing and acquisition of intellectual property,” stated Joe Beyers,
Chairman and CEO of Inventergy. “This improvement allows us to keep our focus
on these core areas, as we drive forward on our licensing programs. With these
changes, we can efficiently leverage a breadth of external and flexible skill
sets and resources for our financial management and investor relations/public
relations processes.”
According to today’s press release, the
change in the company’s financial management was also made to address recent
recommendations made by its auditors. As part of the new initiatives to engage
with investors, the company plans to participate in key upcoming investor and
industry conferences in Los Angeles and New York, and in targeted roadshows in
other cities. In addition, CEO Beyers will be presenting on Tuesday, June 16th
at the IPBC Global 2015 conference in San Francisco.
For more information, visit
www.inventergy.com
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