2022-04-27 | NDAQ:MMAT | Press release
HALIFAX, N.S. / ACCESSWIRE / April 27, 2022 / Meta Materials Inc. (the “Company” or “META®”) (NASDAQ: MMAT)(FSE: MMAT), a developer of high performance functional materials and nanocomposites, today announced the appointment of Mr. George Francis to the newly created post of Chief Information Officer. Mr. Francis brings over twenty-five years of experience in a wide range of industries including manufacturing, retail, distribution, services and SaaS. He will lead the design and implementation of the company’s IT architecture, systems and cybersecurity, ensuring that META’s information technology capabilities are state-of-the-art and more than sufficient to meet all current global regulatory and compliance requirements. It will also provide valuable insight into the potential data monetization that META’s emerging products are likely to generate.
“META’s proprietary platform technologies are powered by AI-enabled software and design tools. We have a critical need for robust and secure IT systems to ensure operational efficiency as well as expanding regulatory compliance,” said Ken Rice, COO and CFO of META. . “I am delighted to welcome such a seasoned professional to our team to help us strengthen our regulatory compliance and internal control efforts, support our growth, protect our intellectual property and achieve our business goals.”
Mr. Francis’ experience spans information technology solutions, digital transformation and cybersecurity, including managing complex environments and leading large multidisciplinary teams across diverse industries, publicly traded companies and geographically distributed multinationals. Mr. Francis joins META from Domtar, Inc., a fiber-based products company he joined in 2009. Domtar was listed on the TSX and NYSE, prior to the acquisition in 2021 by the Paper Excellence Group. As Senior Director, IT Shared Services and Cybersecurity, he led a team of 120 people and led the integration of multiple acquired companies into standard centralized IT solutions, implementing data and asset protection programs and ensuring regulatory compliance.
Prior to Domtar, Mr. Francis was IS & e-business director at Bentley Leather, where he was responsible for IT and e-commerce P&L. He served as Director of Infrastructure and Operations at Campaigner, Inc., a cloud-based software company, where he managed 24/7 support for production and R&D Software environments. -as-a-Service (SaaS). As Director of IT Operations at Aeroplan, he developed a global operations function, managing technology transfer, team and external service providers. Mr. Francis began his career in 1996 with Yves Rocher North America Inc., where he served for nine years as Director of IT Operations, building systems for supply chain, manufacturing, warehouse management , CRM and call center operations.
“I am thrilled to join such an innovative and fast-growing company,” said George Francis, META’s new Chief Information Officer. “I look forward to leading META’s digital transformation initiatives, ensuring that our talented multinational team is able to collaborate securely and productively across all of our global locations, from managing our supply chain to as we increase manufacturing capacity and meet the needs of our growing OEM customer base.”
Mr. Francis studied at McGill University in Management Information Systems and completed an Executive Management Business Administration program at the McGill Executive Institute and courses toward CISM certification. He is a member of the Industry Cyber Security Forum at the University of North Florida, Coggin College of Business, and a member of the CISO governing body at Evanta, a Gartner company.
About Meta Materials Inc.
META® delivers previously unattainable performance, in a range of applications, by inventing, designing, developing and manufacturing durable and highly functional materials. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive and clean energy. Our nano-optical technology provides anti-counterfeit security features for government documents and currencies and authentication for brands. Our achievements have been widely recognized, including being named Lux Research Innovator of the Year in 2021. To learn more, visit www.metamaterial.com.
This press release contains forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, relating to the Company, which may include, but are not limited to, statements regarding business strategies, product development, expansion plans and activities operations of the Company. Often, but not always, forward-looking information can be identified by the use of words such as “pursuing”, “potential”, “predicted”, “projects”, “research”, “plans”, “expects”. , “intends”, “plans”, “believes” or variations (including negative variations) of these words and phrases, or statements that certain actions, events or results “could”, “might”, “should”, “would” or “will” be taken, occur or be carried out. These statements are based on the Company’s management’s current expectations and outlook of future events and are based on assumptions and subject to risks and uncertainties. Although the Company’s management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur and may differ materially due to known and unknown risk factors and uncertainties affecting the Company, the capabilities of our facilities and their expansion, research and development projects of the Company, the market potential of the Company’s products, the Company’s market position, the scalability of the Company’s production capacity, the ability to engage new customers, the timing of the selection programs of materials, the ability to reduce production costs, improve metamaterials manufacturing capabilities and expand market reach into new applications and industries, the ability to accelerate time-to-market plans, the possibility of new contracts customers, the ongoing commitment of our employees, the technology industry, strategic and operational market activities and the ability management to manage and operate the business. Further details of these and other risks that could affect the Company’s business are described under the heading “Forward-Looking Information” and under the heading “Risk Factors” in the Company’s Form 10-K. filed with the SEC on March 1, 2022, with an SEC filing date of March 2, in the company’s Form 10-Q filed with the SEC on November 15, 2021, and in subsequent filings by Meta Materials with the SEC, which are available on the SEC’s website at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause the actions, events or results differ from those anticipated, estimated or expected. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether whether as a result of new information, future events, or otherwise, except to the extent required by law.
Vice President, Corporate Development and Communications
Meta Materials Inc.
Senior Vice President
Email: [email protected]
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