Enablence Technologies Announces Director Resignation
04 Juli 2018 - 11:00PM
Enablence Technologies Inc. (“Enablence” or the
“Company”) (TSX-V:ENA), a leading supplier of optical components
and subsystems for access, metro and long-haul markets, announced
today that Mr. Ming Xu has resigned as a director of the Company
effective immediately. Mr. Xu was ZTE Corporation’s director
nominee on the Board of the Company since 2015.
About Enablence Technologies
Inc.
Enablence is a publicly traded company that
designs, manufactures and sells optical components and subsystems
to a global customer base. It utilizes its patented technologies,
including planar lightwave circuit (“PLC”) intellectual property,
in the production of an array of photonic components and broadband
subsystems that deliver a key portion of the infrastructure for
current and next-generation telecommunication systems. The
Company’s product lines address all three segments of optical
networks: access - connecting homes and businesses to the network;
metro - communication rings within large cities; and long-haul -
linking cities and continents. For more information, visit
www.enablence.com.
Forward-looking Statements
This press release may contain forward-looking
statements regarding potential financing transactions, lending
facilities, debt to equity conversion, future sales and orders,
funding of ongoing operations based on current expectations,
forecasts and assumptions which involve risks and uncertainties
associated with our business and the economic environment in which
the business operates. All such statements are made pursuant
to the 'safe harbour' provisions of, and are intended to be
forward-looking statements under, applicable Canadian securities
legislation. Any statements contained herein that are
statements of historical facts may be deemed to be forward-looking
statements. By their nature, forward-looking statements
require us to make assumptions and are subject to inherent risks
and uncertainties. We caution our readers of this press release not
to place undue reliance on our forward-looking statements as a
number of factors could cause actual results or conditions to
differ materially from current expectations. Please
refer to the risks set forth in the Company's continuous disclosure
documents that can be found on SEDAR www.sedar.com. Enablence
does not intend, and disclaims any obligation, except as required
by law, to update or revise any forward-looking statements whether
as a result of new information, future events or otherwise.
For further information
contact:Enablence Technologies Inc.Evan ChenCEO+1 613
656-2850 ext. 2
Neither 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.
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