VANCOUVER, British Columbia, Nov. 13, 2017 — Global Remote Technologies Ltd. (“Global Remote” or the “Company”) (CSE:RGT) (OTCMKTS:RGTZF) (Frankfurt Stock Exchange:GR9) is please to announce Neil Stevenson-Moore has been appointed to CEO of Global Remote Technologies Ltd. Neil graduated from Princeton University and was the CEO and founder of StylePixi.
Former CEO Akash Patel stated, “It was important for us to select a CEO who has the ability to thrive in both technology and business environments. Neil has been on the cutting edge of advanced algorithms, crypto-security, and consumer driven technologies at both the startup and corporate levels. His ability to deliver results today and to recognize the key opportunities in the future make him the perfect choice to lead us forward.”A graduate of Princeton University, Neil has always been recognized as a leader who can condense difficult concepts to their core values and then derive the most benefit for the greater community. Most recently Neil has been leading Medical Technology companies, and working with both Federal and Provincial governments as the Health Care world implements the next generation HIPAA compliant platforms that improve patient outcomes, overall system security and life saving technology applications. Before that, Neil was the CEO and founder of StylePixi, a retail technology company that leverages Artificial Intelligence and advanced algorithms to disrupt the $25 trillion dollar retail market. Building off the success of StylePixi, Neil moved to London UK as he was selected to be the head of Online giant Farfetch’s “Store of the Future”. Farfetch is recognized as a world leader in consumer retail technology and is currently valued in excess of $1.5B.In both of these capacities Neil has been on the forefront of the Artificial Intelligence, Blockchain, and Crypto-currency evolutions – especially as they move past their infancy and into their key growth phases. When asked why he accepted this opportunity Neil answered: “All of us geeks in the Technology World have been waiting for Blockchain and Crypto-currencies to reach an early tipping point beyond theoretical applications and early adopters. And unless you’ve been living under a rock – I don’t think there is a smart investor or forward looking company that isn’t starting to explore what blockchain can do to save their companies money and make them more secure. I am excited to step into this role and continue to build our team into one of the largest players in North America.”Our current business model is collecting oil and gas field data across its broad infrastructure through numerous and varied sensor technologies. However, the integration, collection, assessment, and proper distribution of that data has varied from program to program. GRT, using its sophisticated data aggregation, new algorithms, and display abilities has solved this problem. We hope that our future asset acquisition in blockchain technology can be used jointly with our existing assets, thus benefiting our overall business.About Global Remote TechnologiesThe objective at Global Remote Technologies is to reduce operational costs in the energy domain, specifically the oil sector, with unique, proprietary techniques and technologies that support upstream, midstream and downstream processes. Services are developed to create custom solutions that improve performance, improve health and safety standards, and bring significant savings to clients. GRT operates in rugged locations around the globe, with offices in Canada, Mexico, Oman, and the United States. Global Remote Technologies is a public company, traded in Canada, U.S. and Germany under the symbols CSE: RGT, OTCMKTS:RGTZF and FRA: GR9.On behalf of the Board of DirectorsAkash Patel
President and DirectorFurther information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website, www.grtcse.com.Brian Biles
Website: www.grtcse.comForward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company’s management believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward- looking information because the Company cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and the Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
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