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Martello Extends Agreement with Oak Hill Financial for Investor Relations Services

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OTTAWA, April 10, 2019 /CNW/ - Martello Technologies Group Inc. (TSXV: MTLO), ("Martello" or the "Company"), a leading provider of technology solutions that deliver clarity and control of complex IT environments deployed in thousands of locations around the world, announced today that it has extended its agreement with Toronto-based Oak Hill Financial for investor relations activities. This is further to the announcement on December 19, 2018 of an agreement with Oak Hill Financial for investor relations services.

Logo: Martello Technologies Group (TSXV: MTLO) (CNW Group/Martello Technologies Group)

The terms of the extended agreement remain the same, with a monthly retainer of $10,000 renewed automatically each month until terminated by either party within 5 days of renewal. The services, which are principally provided by Oak Hill Partners Jonathan Robinson and Ron Shuttleworth, include Canadian investor relations advisory activities such as booking and preparing Martello management for roadshows and introducing potential investors to Martello.  

Since the inception of Martello's engagement with Oak Hill, the Company has participated in two investor conferences and connected with many retail brokers and analysts, and Martello will continue to leverage these and other strategies to build awareness of Martello in the Canadian investor community.

About Martello Technologies Group

Martello Technologies Group Inc. (TSXV: MTLO) is a technology company that provides clarity and control of complex IT infrastructures. The company develops products and solutions that monitor, manage and optimize the performance of real-time applications on networks, while giving IT teams and service providers control and visibility of their entire IT infrastructure. Martello's products include SD-WAN technology, network performance management software, and IT analytics software. Martello Technologies Group is a public company headquartered in Ottawa, Canada with offices in Montreal, Amsterdam, Paris, Dallas and New York. Learn more at http://www.martellotech.com

FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements that address future events and conditions, which are subject to various risks and uncertainties. Actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Corporation's control. These factors include: general market and industry conditions, risks related to continuous operations and to commercialization of new technologies and other risks disclosed in the Corporation's filings with Canadian Securities Regulators.

Forward-looking statements are based on the expectations and opinions of the Corporation's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE Martello Technologies Group

For further information: Tracy King, VP Marketing, tking@martellotech.com, 613.271.5989 x 2112; John Proctor, President & CEO, jproctor@martellotech.com, 613.271.5989 x 2135