CALGARY, ALBERTA -- (Marketwire) -- 01/14/13 -- Times Three Wireless Inc. (TSX VENTURE: TTW) ("Times Three" or the "Company") is pleased to announce the retention of three new key members of its technology and patent licensing team: Monte Bond, Jeffrey Hunt and Michael Smith.
Monte Bond has been retained as Director, Licensing & Litigation Management. He is a graduate of Southern Methodist University where he obtained his B.S. Mechanical Eng. He then received his Juris Doctorate (J.D.) from Texas Tech University and has practiced as a senior patent litigation attorney with a number of prominent USA litigation firms. Monte has over 20 years of patent litigation experience including trials and appeals and substantial licensing and patent litigation management experience. He will be primarily based in Dallas, Texas.
Jeffrey Hunt is retained to act as Director, Licensing & Acquisitions. Mr. Hunt is an experienced U.S. patent attorney with expertise in patent litigation management, patent infringement analysis and patent prosecution in the U.S. He has more than twelve years of experience in private practice of intellectual property law. Jeff was recently designated a Texas Rising Star by Super Lawyers. He holds J.D., MBA and B.E. Chem. Eng. degrees from Vanderbilt University.
Michael Smith will act as Director, Patent Portfolio Management. Michael graduated from the University of St. Thomas with a B.A. Computer Science and was a software engineer for 15 years. Mike received his M.B.A. at the University of Minnesota before obtaining his J.D. from Capital University Law School. Michael is a former Patent Counsel for Research in Motion and has over 16 years' experience in patent analysis and prosecution, documenting infringement and patent acquisition due diligence. Michael is a Registered US Patent Attorney and has maintained his own private patent prosecution law practice for many years.
"Times Three is very pleased to be able to recruit team members of the demonstrated high caliber and experience of Michael, Jeff and Monte as we embark on our exciting strategy to enhance our existing technology licensing platform and to build our new IP licensing programs," said William Middleton, Times Three's CEO, "I look forward to working closely with them to implement our new business plans aimed at generating high margin revenue for our Company."
About Times Three
Times Three, originally founded in 1995 as Cell-Loc Inc., is a technology innovation and licensing company based in Calgary with offices in Toronto, Austin and Dallas. It has a long history of innovation and successful product development in wireless location technologies and continues to build its portfolio of important patents and intellectual property.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS:
Forward-looking statements are typically identified by words such as "anticipate", "continue", "estimate", "expect", "forecast", "may", "will", "project", "could", "plan", "intend", "should", "believe", "outlook", "potential", "target" and similar words suggesting future events or future performance. In particular, this news release contains, without limitation, forward-looking statements pertaining to the timing of closing and use of proceeds of the proposed private placement financing. With respect to forward-looking statements contained in this news release, Times Three has made assumptions regarding, among other things, the use of proceeds of the financings. Although Times Three believes that the expectations reflected in the forward looking statements contained in this news release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this news release, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause Times Three's actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, that the Company may decide it is in the best interests of the Company to deploy the proceeds raised pursuant to the financings in an alternative manner as well as the other factors described in Times Three's public filings available in Canada at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking statements contained in this news release speak only as of the date of this news release. Except as expressly required by applicable securities laws, Times Three does not undertake any obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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.
Times Three Wireless Inc.
Times Three Wireless Inc.
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