VANCOUVER, British Columbia, Dec. 05, 2017 (GLOBE NEWSWIRE) -- Global Remote Technologies Ltd. (“Global Remote” or the “Company”) (CSE:RGT), (Frankfurt Stock Exchange:GR9) is pleased to announce that Lonny McLean has joined the team as an advisor. Lonny is an experienced and energetic business executive focused on business growth strategy. Lonny has more than 20 years of experience in the technology sector, with a primary focus on software and internet technologies. Lonny has a proven background in building early stage companies, as well as growth strategies for more mature organizations.  He is currently the Founder and CEO of CareCru, an automated growth platform leveraging AI for health clinics and practices.

Lonny has played key roles in multiple early stage company successes, such as Supernet, Onyx Software, and Layer 7 Technologies. He held a territory growth role for Microsoft where he focused on large account strategies and executive relationship building with some of Microsoft’s top accounts. This combined experience provides Lonny with a unique blend of skills which he applies to companies of all stages.

Building teams, fundraising, charting strategy, and growing revenue are Lonny’s core strengths. He was the founding CEO and top sales executive for Layer 7 Technologies for more than 8 years, during which time the company was recognized as the BC Technology Industry Start-up of the Year, Company of the Year, and by Deloitte as one of the fastest growing technology companies in North America. This revenue growth and company strategy was key in the successful sale of Layer 7 to CA Technologies in 2013.

Global Remote CEO Neil Stevenson-Moore commented: “I could not be happier to have Lonny join our Advisory team. As a founder of Layer 7 Technologies, Lonny helped to build the Security Software Landscape that has reshaped the way the world thinks about confidence and data safety online. With his influence and thought leadership our company will continue to innovate and grow our technology platform.”

The company has granted 100,000 incentive stock options (the “Options”) to Lonny McLean. The Options were granted in accordance with the terms of the Company’s stock option plan and are exercisable at price of $0.50 per common share and will expire five years from the date of granting.

About Global Remote Technologies

The objective at Global Remote Technologies is to reduce operational costs in the energy domain, specifically the oil sector, with unique, proprietary techniques and technologies that support upstream, midstream and downstream processes. Services are developed to create custom solutions that improve performance, improve health and safety standards, and bring significant savings to clients. GRT operates in rugged locations around the globe, with offices in Canada, Mexico, Oman, and the United States. Global Remote Technologies is a public company, traded in Canada and Germany under the symbols CSE: RGT and FRA: GR9.

On behalf of the Board of Directors

NEIL STEVENSON-MOORE
CEO, Global Remote Technologies Ltd.

Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website, www.grtcse.com.

Contact: Brian Biles
Telephone: 604-329-4421
Website: www.grtcse.com

Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company’s management believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward- looking information because the Company cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and the Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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