MIAMI, June 8, 2018 /PRNewswire/
-- InfoSonics Corporation ("InfoSonics" or the
"Company") (NASDAQ: IFON) announced the appointment of Michael Galloro to its Board of Directors.
Mr. Galloro replaces Robert Picow, who has left the Board, but
is expected to continue with the Company in a consultancy
role. Additionally, Roger Rai,
Special Advisor to the Chairman of Rogers Communications, was named
an advisor to the Company's Board, specifically to provide guidance
on the Company's expansion of its OneClick® chain
of retail stores and its Premium Partner relationship with
Apple®.
"We are pleased to welcome Michael and Roger to work with our
Board of Directors," said Andy
DeFrancesco, Chairman of the Board. "Both Michael and
Roger are recognized business leaders who bring a broad range of
skills and connections to the Company. Their help and
guidance will be important as we embark upon our effort to rapidly
grow our retail footprint and seek to become the largest authorized
reseller of Apple® products and services in the
Americas."
About Michael Galloro:
Michael Galloro is an
accomplished financial executive with over 20 years of experience,
including Board positions at a number of companies. Mr.
Galloro gained public markets experience engaged as a Vice
President of Finance for a TSXV listed company operating in the
payment processing industry. He then pursued a consulting
career focused primarily on the small and mid-cap space working
closely with emerging private and publicly listed companies
operating globally assisting with financings, M&A, corporate
structuring and go public transactions, both in Canada and the United States. Michael
earned his Chartered Professional Accountant, Chartered Accountant
(CPA, CA) designation while working in the financial institutions
practice for KPMG LLP and has his Honours Bachelor of Accounting
(BAcc) Degree from Brock
University.
About Roger Rai:
Roger Rai is the Managing
Director of E. S. Rogers Enterprises and President of R3 Concepts
Inc. As Managing Director at E.S. Rogers, Mr. Rai advises
Edward Rogers on business, revenue,
partnership and talent development. Mr. Rai was previously the
Vice-President of Business Development of Peeks Social Ltd., a TSXV
listed company operating Keeks.com, a social networking service
focusing on video content. Mr. Rai has managed and directed both
private and public companies, having been a director for
Sustain Co. Inc. (SMS), Pintree Capital Ltd. (PNP) and The Mint
Corporation. Mr. Rai has significant experience in the digital and
telecommunications markets, having held various managerial
positions. Mr. Rai is the founder and a director of the
ONEXONE foundation, a charitable organization focused on global
child welfare. Born and raised in Toronto, Ontario, Mr. Rai received his
Bachelor of Arts (BA) from the University of
Western Ontario.
About InfoSonics Corporation
InfoSonics is a Miami-based
company comprised of OneClick®, a chain of retail
stores and an authorized reseller under the Apple®
Premier Partner, APR (Apple® Premium Reseller) and AAR
MB (Apple® Authorized Reseller Mono-Brand) programs;
Icon Networks, an authorized distributor to the
OneClick® stores and other resellers of
Apple® products and other high-profile consumer
electronic brands; and verykool®, a brand of
wireless handsets, tablets and related products the Company sells
to carriers, distributors and retailers in Latin
America. Additional information can be found on its websites
at www.infosonics.com, www.cooltech.co/site/,
www.oneclickstore.com and www.verykool.net.
Apple® is the registered trademark of Apple
Inc.
View original
content:http://www.prnewswire.com/news-releases/infosonics-appoints-michael-galloro-to-its-board-of-directors-and-roger-rai-as-board-advisor-300662159.html
SOURCE InfoSonics Corporation