TORONTO, ON--(Marketwired - Aug 13, 2013) - Skkynet Cloud Systems, Inc. ("Skkynet" or "the Company") (OTCBB: SKKY), a leader in real-time Cloud information systems, is pleased to announce the unanimous election of Kenneth Jennings and Norman Evans as members of the Company's Board of Directors effective August 7, 2013.
President Paul Thomas stated, "We are very pleased to welcome Ken and Norm to our Board of Directors. Skkynet is entering a critical new phase in its evolution as a leading real-time Cloud information systems innovator. Skkynet is unique in its ability to provide true real time data combined with desktop-top quality visualization from within a web browser. To further build upon this opportunity, the Company will need to expand its skills and aptitudes. With Ken's outstanding depth of knowledge and experience in business development, strategy and in leading business-to-business software sales and marketing teams, and Norm's experience in audit and financial reporting for public companies and corporate governance, they are both ideally suited to help guide and advise the Board and the Company's management team."
Mr. Evans is the CFO of Cipher Pharmaceuticals Inc., a Canadian publicly-listed pharmaceutical company. Mr. Evans is also a Chartered Accountant with over 25 years of business experience. Prior to his work at Cipher, from 1996 to 2006, Mr. Evans was VP of Finance at MDS Pharma Services, a pharmaceutical services company, and prior thereto was a Partner at Ernst & Young Inc.
Mr. Jennings is VP of Kinesis Identity Security System Inc., a software security company. Prior to his work at Kinesis, from 1991 to 2009, Mr. Jennings held senior roles including VP of Manufacturer Solutions & Consulting, VP of Marketing, and VP of Sales at ADP Dealer Services, a division of ADP Inc., the payroll outsourcing company.
More information on Skkynet's Board of Directors and Advisory Board can be found at http://skkynet.com/investors/directors/.
About Skkynet Cloud Systems, Inc.:
Skkynet Cloud Systems, Inc., through its wholly owned subsidiary Cogent Real-Time Systems Inc., is a leading developer of software and related systems and facilities to collect, process and distribute real-time information over networks. This capability allows our clients to both locally and remotely manage, supervise and control industrial processes, financial information systems, and embedded devices. Through our web based assets, we also provide clients and their customers the ability and the tools to observe and interact with these processes and services in real time as they are underway, and to give them the power to analyze, alter, stop or otherwise influence these activities to conform to their plans.