ATW News

MONTREAL, April 10, 2019 (GLOBE NEWSWIRE) — The Founder, President and Chief Executive Officer of ATW Tech Inc. (“ATW Tech”) (TSX-V: ATW), Mr. Michel Guay, is pleased to announce the appointment of Mr. Ghislain Dallaire as Vice President and General Manager of the VuduMobile division. In his new role, Mr. Dallaire will work on driving VuduMobile’s omnichannel communication platform, developing innovative features that will set VuduMobile apart in the industry. Mr. Dallaire has over 20 years of experience as a leader and innovator in the communications industry, holding executive-level positions in multiple organizations, including TC Media, Atlas Telecom Mobile (now known as CLX Networks), Teleglobe, and Fonorola. Mr. Dallaire’s experience and success also led him to holding the position of Chairman, Mobile Content Council at the Canadian Wireless Telecommunications Association (CWTA). “I’m very excited about this opportunity. The entire team and I are aligned with our strategy to...

MONTREAL, March 20, 2019 (GLOBE NEWSWIRE) — ATW Tech Inc. (“ATW Tech” or the “Company”) (TSX-V: ATW) is pleased to announce that its subsidiary Voxtel now accepts Visa Debit and Mastercard Debit payment options as part of its unified payment solution, further growing its line of products, as well as expanding its customers reach. Visa Debit and Mastercard Debit can be used where most Visa and Mastercard credit cards are accepted, but offers the additional control, flexibility, and peace of mind provided from using debit cards. This payment option allows Voxtel’s clients access to an additional revenue source and reach more customers. Along with the new addition, Voxtel’s unified payment solution accepts payment through major credit cards, mobile phones (Google Pay, Apple Pay), Interac, text messages, phone billing, and cryptocurrency (EMC2). “I am very pleased with the addition of this payment option as part of our Unified Payment Solution – and so are our customers. This integration...

MONTREAL, Feb. 21, 2019 (GLOBE NEWSWIRE) — ATW Tech Inc. (“ATW Tech”) (TSX-V: ATW) is pleased to announce that its VuduMobile division (‘Vudu’) has had a very successful year in 2018 with a 35% increase in its revenues compared to 2017. VuduMobile’s portfolio of clients now includes Fortune 500 companies, government and para-governmental agencies, and thought leaders in the broadcasting industry, among others. “I am very proud of the performance of VuduMobile. Since its acquisition in 2017, Vudu has become a leader in the text messaging and communication industry, has shown impressive revenue growth, reinforced its reputation and continued to develop products and services that exceed clients’ expectations. Our conviction that Vudu would be an engine of growth and diversifications is validated every time we realize such strong results,” said Michel Guay, President and Chief Executive Officer of ATW Tech. Additional communications regarding VuduMobile’s strategic market segments and...

MONTREAL, Jan. 24, 2019 (GLOBE NEWSWIRE) — The Founder, President and Chief Executive Officer of ATW Tech Inc. (“ATW Tech”) (TSX-V: ATW), Mr. Michel Guay, is pleased to announce the appointment of Mr. Denis LP Archambault as Executive Vice President and General Manager of the VoxTel division. In his new role, Mr. Archambault will work on innovative solutions that will enable VoxTel to differentiate itself in the payment platform industry for content providers that use telecommunications networks to reach their customers. Mr. Archambault has over 25 years of experience in the telecommunications industry, primarily within Teleglobe and TATA Communications. Mr. Archambault has held several positions as Vice-President for Teleglobe and TATA Communications. He has served as Vice-President of Sales for Latin America and Africa. His success led him to cover the international market for sales of adapted solutions. “His extensive industry background and commitment to ATW Tech will help...

Montreal, November 23, 2018 – ATW Tech Inc. (the “Company”) (TSX-V: ATW) announces its financial results for its third quarter ended September 30, 2018. For its third quarter of 2018, the Company announced an increase of its revenues from its continuing operations of $591k or 24% for revenues of $3,059k compared to $2,468k for its comparable quarter of 2017. For its first three quarters of 2018, revenues from its continuing operations totalled $9.1m compared to $7.6m in 2017 for a 20% increase. For its third quarter of 2018, the Company generated an operating income from its continuing operations of $181k compared to $-296k for its comparable quarter of 2017 for an increase of $477k, as well as cash flows from operating activities of $106k compared to $-76k for its comparable quarter of 2017. On October 31, 2018, the Company completed the sale of the assets of its Atman division for a total purchase price of $1.3m including $1.1m cash and a balance of sale of $200k payable monthly...

MONTREAL, Nov. 16, 2018 (GLOBE NEWSWIRE) — ATW Tech Inc. (“ATW Tech”) (TSX-V: ATW) has, as previously announced on November 6, 2018, signed a letter of intent for the acquisition from Fastrack Trust (the “Trust”) of all of the outstanding shares of 6855318 Canada Ltd. and 6890202 Canada Ltd. (“Greywolf Entertainment Group” or “Greywolf”). For the unaudited financial year ended December 31, 2017, Greywolf’s revenues were $10.0 million ($11.8 million in 2016) for a net income of $196k ($350k in 2016), with total assets of $2.5 million ($2.4 million) and negative shareholder’ equity of $914k ($759k). Greywolf Entertainment Group, based in Calgary, provides turnkey full commercial production for interactive TV and/or voting networks required for such shows for landline and mobile consumers. Greywolf’s subsidiaries include Triton Global Business Services Inc. (“Triton”) and Fastrack Global Billing Networks Inc. (“Fastrack”). Triton is a North American clearinghouse that provide billing...

Montreal, November 6, 2018 – ATW Tech Inc. (“ATW Tech”) (TSX-V: ATW) announces today the signature of a letter of intent for the acquisition from Fastrack Trust (the “Trust”) of all of the outstanding shares of 6855318 Canada Ltd. and 6890202 Canada Ltd. (“Greywolf Entertainment Group” or “Greywolf”). Greywolf Entertainment Group, based in Calgary, provides turnkey full commercial production for interactive TV and/or voting networks required for such shows for landline and mobile consumers. Greywolf’s subsidiaries include Triton Global Business Services Inc. (“Triton”) and Fastrack Global Billing Networks Inc. (“Fastrack”). Triton is a North American clearinghouse that provides billing and networks for phone bills in North America and over 40 other countries. Triton has been listed in the top 300 technology companies from Canada several times. Fastrack is a North American inter-exchange carrier providing networks to its switch centers that intelligently routes consumer traffic to...

Montreal, November 1, 2018 – ATW Tech Inc. (TSX-V: ATW) announces today the closing of the sale of its Psychometric Research and Services of Atman assets (“Atman”), previously announced on September 17, 2018. Those assets consist primarily of the personality test platforms and learning modes offered to businesses for human resources management. The total purchase price is $1,300,000, composed of $1,100,000 paid immediately in cash and $200,000 as monthly installments over the next 3 years and based on a percentage of sales. ATW Tech will pay to the buyer a total of $95,000 in twelve equal monthly instalments for its working capital. For the fiscal year ended December 31, 2017, revenues generated by the Atman assets being sold represented 9.6% of ATW Tech’s revenues. “We are proud to conclude this transaction, and especially to do so within the expected timeline. This transaction reflects our will and strategy to concentrate all our activities and resources on our financial...

Montreal, September 17, 2018 – ATW Tech Inc. (TSX-V: ATW) announces today that its fully-owned subsidiary InformationTelcharge.com (‘Atman’) signed a letter of intent to divest some of its assets to Marie-Christine Drolet, the actual Vice-President, Psychometric Research and Services of Atman. Those assets mainly include the personality test platforms and learning modes offered to businesses the human capital management. The letter of intent contemplates a total purchase price of $1,300,000 including $1,100,000 payable cash at closing and $200,000 as monthly installments over 3 years after closing. “This transaction reflects our will and strategy to concentrate all our activities and resources on our integrated payment, interactive communication, and voting platforms. The sale proceeds should increase our financial flexibility, allows us to pursue our organic growth plan in our core solutions along with our acquisition growth initiatives as part of our geographic expansion and...