ST. JOHN’S, Newfoundland, Jan. 23, 2019 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (TSX-V: PNG) (OTCQB: KRKNF) (“Kraken” or the “Company”), is pleased to announce that CFO Greg Reid will be presenting the Company’s investment thesis at the upcoming Cantech Investment Conference on January 29th and 30th in Toronto.
“This is Kraken’s second year attending Cantech, and since last year’s conference we have achieved significant milestones, including a $9 million sub-sea battery contract, a strategic investment from one of our customers, and more than $10 million of new capital including a successful $6 million bought deal equity raise,” said Mr. Reid. “Cantech is Canada’s largest technology investor conference and is the perfect venue to share our opportunities and roadmap as Kraken continues to execute. We are proud that Cantech Newletter has nominated Kraken as one of the 3 finalists for 2018 Canadian Technology Stock of the Year on TSX Venture exchange and our CEO Karl Kenny as one of 3 finalists for 2018 Canadian Technology Executive of the Year.”
Mr. Reid will present on Tuesday, January 29, 2019 at 11:50am at the Paradigm Innovation Stage. He will also be available to meet investors both days at Booth #301.
ABOUT CANTECH INVESTMENT CONFERENCE 2019
Cantech Investment Conference 2019 is Canada’s largest technology investment conference, which is expected to bring together 3,500 engaged investors with more than 100 leading technology companies. For more information, please visit www.cambridgehouse.com
Event: Cantech Investment Conference 2019
Date: Tuesday & Wednesday, January 29-30, 2019
Booth: #301
Feature Presentation: 11:50 am EST, Tuesday, January 29 at the Paradigm Innovation Stage
Venue: Metro Toronto Convention Centre, 255 Front Street West, Toronto, Canada.
Event Hours: 8 am – 5pm
ABOUT KRAKEN ROBOTICS INC.
Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine technology company that is dedicated to the production and sale of software-centric sensors and underwater robotic systems. The company is headquartered in St. John’s, Newfoundland with offices in Dartmouth, Nova Scotia; Toronto, Ontario; Bremen and Rostock, Germany; and Boston, Massachusetts. Kraken is ranked as a Top 100 marine technology company by Marine Technology Reporter. For more information, please visit www.krakenrobotics.com, www.krakenrobotik.de, www.krakenpower.de. Find us on social media on Twitter (@krakenrobotics), Facebook (@krakenroboticsinc) and LinkedIn.
Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the OTCQB has neither approved nor disapproved the contents of this press release.
For further information, please contact:
Greg Reid, Chief Financial Officer
(416) 818-9822
greid@krakenrobotics.com
Sean Peasgood, Investor Relations
(647) 955-1274
sean@sophiccapital.com
Glenda Leyte, Marketing Manager
(709) 757-5757 extension 288
gleyte@krakenrobotics.com