CTZ. Cencotech Inc.

NamSys Inc. Announces Chairman's Retirement

NamSys Inc. Announces Chairman's Retirement

TORONTO, ON, Oct. 31, 2024 (GLOBE NEWSWIRE) -- NamSys Inc. (CTZ – TSX-V) today announces that K. Barry Sparks, Chairman of the Board and Director of the Company will be retiring effective October 31, 2024.

Over his 27 years with the company, Mr. Sparks oversaw the founding of Cenco Technologies, the acquisition and amalgamation with NamSys Inc. and the transition of the company from a packaged software provider and hardware manufacturer to a cloud-based Software-as-a-Service vendor.

Mr. Sparks commented, “It’s been a long road, and I wish everyone the very best and continued success of NamSys.”

“We extend our thanks to Barry for his outstanding leadership and support of the company over nearly three decades,” said Jason Siemens, CEO. “We wish him a long and well deserved retirement.”

The Board of Directors has commenced the process of identifying a suitable successor to lead the board.

NamSys Inc. products are designed to bring efficiency to the processing of currency and other value instruments in retailers, financial institutions, and cash-in-transit providers. NamSys’ proprietary systems for this market are sold as software-as-a-service subscriptions and operate in the public cloud service providers.

For further information, please contact us at

The TSX Venture Exchange has neither approved nor disapproved of the information contained in this release. This Media Release may contain forward-looking statements, which reflect the Corporation’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual events could differ

from those projected herein and depend on a number of factors including the success of the Corporation’s sales strategies.



EN
31/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Cencotech Inc.

 PRESS RELEASE

NamSys Announces Normal Course Issuer Bid

NamSys Announces Normal Course Issuer Bid TORONTO, ON, March 26, 2025 (GLOBE NEWSWIRE) -- NamSys Inc. (the “Company”) (CTZ – TSX-V), a leading provider of technology for cash processing and transportation, today announces its intention to commence a normal course issuer bid through the facilities of the TSX Venture Exchange (the "TSXV") and/or alternative authorized Canadian trading systems to repurchase, for cancellation, up to 1,343,186 common shares of the Company, representing less than 5% of the Company's presently issued and outstanding common shares (the "NCIB"). The NCIB remains s...

 PRESS RELEASE

NamSys Reports Results of Operations for Fiscal 2024

NamSys Reports Results of Operations for Fiscal 2024 TORONTO , Feb. 19, 2025 (GLOBE NEWSWIRE) -- NamSys Inc. (the “Company”) (CTZ – TSX-V), a leading provider of technology for cash processing and transportation, today reports the results of operations for the fiscal year and the election of Nicole Sparks as the Non-Executive Chair of the Board of Directors. All amounts referenced herein are in Canadian dollars. Fiscal Year Highlights (for the twelve months ended October 31, 2024 compared to October 31, 2023) Revenue of $6,840,146 increased by 12% or $747,126 compared to $6,093,020.Gro...

 PRESS RELEASE

NamSys Inc. Announces Chairman's Retirement

NamSys Inc. Announces Chairman's Retirement TORONTO, ON, Oct. 31, 2024 (GLOBE NEWSWIRE) -- NamSys Inc. (CTZ – TSX-V) today announces that K. Barry Sparks, Chairman of the Board and Director of the Company will be retiring effective October 31, 2024. Over his 27 years with the company, Mr. Sparks oversaw the founding of Cenco Technologies, the acquisition and amalgamation with NamSys Inc. and the transition of the company from a packaged software provider and hardware manufacturer to a cloud-based Software-as-a-Service vendor. Mr. Sparks commented, “It’s been a long road, and I wish ever...

NamSys Inc: 1 director bought

A director at NamSys Inc bought 209,102 shares at 0.850CAD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

 PRESS RELEASE

NamSys Reports Results of Operations for the Fiscal 2018 First Quarter...

TORONTO--(BUSINESS WIRE)-- NamSys Inc. (CTZ – TSX-V) today reports the results of operations for the first three months of fiscal 2018, ended January 31st. All amounts referenced herein are in Canadian dollars. Revenue for the first three months of fiscal 2018 was $742,488 as compared to $691,256 for the same period last year. Income before Income Tax, a key metric in gauging business performance, was $285,360 ($0.01 per share), as compared to $288,913 ($0.01 per share) in the first quarter of fiscal 2017. The Company is not ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch