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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Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html