TORONTO, Dec. 6, 2021 /CNW/ - Optiva Inc. ("Optiva"
or the "Company") (TSX: OPT), a leading provider of
mission-critical, cloud-native revenue management software for the
telecommunications industry, is pleased to announce that five
directors of the Company, and the Company's President and
Chief Executive Officer, John Giere,
and current Chief Financial Officer, Ashish
Joshi, have recently purchased an aggregate of approximately
64,129 common shares of Optiva, representing an aggregate
investment of approximately $1,286,232.
"The recent investments by both senior management and directors
of the Company demonstrate a strong belief in Optiva's business and
its growth prospects," said Robert
Stabile, Chair of the Board of Directors of Optiva. "With
our increased shareholding, management and the Board of Directors
are even more strongly aligned with Optiva's long-term
success."
Each of the members of management and the Board of Directors
have filed insider reports in respect of their purchases of Optiva
common shares, which are available at www.sedi.com.
About Optiva Inc.
Optiva Inc. is a leading provider of mission-critical,
cloud-native revenue management software for the telecommunications
industry. Its products are delivered globally on the private and
public cloud. The Company's solutions help service providers
maximize digital, 5G, IoT and emerging market opportunities to
achieve business success. Established in 1999, Optiva Inc. is on
the Toronto Stock Exchange (TSX: OPT). For more information, visit
www.optiva.com.
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements and
forward looking information within the meaning of applicable
securities laws. Often, but not always, forward-looking statements
can be identified by the use of words such as "plans", "expects",
or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or describes a "goal", or variation of
such words and phrases or state that certain actions, events or
results "may", "could", "would", "might" or "will" be taken, occur
or be achieved. There is no assurance that any forward-looking
statements will materialize. Risks that could cause our results to
differ materially from our current expectations include, among
others, those risks regarding the Company's business discussed in
the Company's most recent annual information form, which is
available on SEDAR at www.sedar.com and on Optiva's website at
www.optiva.com/investors/. The Company disclaims any intention or
obligation to update any forward-looking statements, except as
required by law, even if new information becomes available, as a
result of future events or for any other reason.
SOURCE Optiva Inc.