DBO/A D-Box Technologies Inc. (Cl A)

D-BOX Technologies Announces Executive Departure

D-BOX Technologies Announces Executive Departure

MONTRÉAL, July 08, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), a global leader in immersive motion experiences across movie theatres, sim racing, gaming, and simulation training, today announced that Jean-François Gagnon, Senior Vice President, will be stepping down from his role effective August 15, 2025. Following his departure, the sales and marketing teams will report directly to Naveen Prasad, Interim Chief Executive Officer for the time being.

This transition advances D-BOX’s ongoing efforts to optimize its organizational structure to bring greater alignment and more focused execution to its commercial activities in order to drive future profitable growth.

Mr. Gagnon will work closely with the leadership team to ensure a smooth and seamless transition over the coming weeks. D-BOX thanks him for his contributions and wishes him continued success in his future endeavours.

ABOUT D-BOX TECHNOLOGIES INC.

D-BOX Technologies Inc. (TSX: DBO) is a global leader in haptic technology, delivering immersive motion experiences that engage the body and spark the imagination. Our patented systems synchronize motion, vibration, and texture with on-screen content, enhancing storytelling across various platforms. With over 25 years of innovation, D-BOX's solutions are utilized in movie theaters, sim racing, and simulation & training. Headquartered in Montreal, Canada, with offices in Los Angeles, USA, D-BOX continues to redefine how audiences experience media worldwide. Visit .

FOR FURTHER INFORMATION, PLEASE CONTACT:

D-BOX TECHNOLOGIES INC.



Daniel Le Blanc

Vice President, Legal Affairs and Corporate Secretary

D-BOX Technologies Inc.

DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS

Certain information included in this press release may constitute “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information may include, among others, statements regarding the future plans, activities, objectives, operations, strategy, business outlook, and financial performance and condition of the Corporation, or the assumptions underlying any of the foregoing. In this document, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information, by its very nature, is subject to numerous risks and uncertainties and is based on several assumptions which give rise to the possibility that actual results could differ materially from the Corporation’s expectations expressed in or implied by such forward-looking information and no assurance can be given that any events anticipated by the forward-looking information will transpire or occur, including but not limited to the future plans, activities, objectives, operations, strategy, business outlook and financial performance and condition of the Corporation.

Forward-looking information is provided in this press release for the purpose of giving information about Management’s current expectations and plans and allowing investors and others to get a better understanding of the Corporation’s operating environment. However, readers are cautioned that it may not be appropriate to use such forward-looking information for any other purpose.

Forward-looking information provided in this document is based on information available at the date hereof and/or management’s good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation’s control.

The risks, uncertainties and assumptions that could cause actual results to differ materially from the Corporation’s expectations expressed in or implied by the forward-looking information include, but are not limited to, the ability to complete a successful transition following the departure of the Senior Vice President. These and other risk factors that could cause actual results to differ materially from expectations expressed in or implied by the forward-looking information are discussed under “Risk Factors” in the Corporation’s annual information form for the fiscal year ended March 31, 2025, a copy of which is available on SEDAR+ at .

Except as may be required by Canadian securities laws, the Corporation does not intend nor does it undertake any obligation to update or revise any forward-looking information contained in this press release to reflect subsequent information, events, circumstances or otherwise.

The Corporation cautions readers that the risks described above are not the only ones that could have an impact on it. Additional risks and uncertainties not currently known to the Corporation or that the Corporation currently deems to be immaterial may also have a material adverse effect on the Corporation’s business, financial condition or results of operations.



EN
08/07/2025

Underlying

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

Reports on D-Box Technologies Inc. (Cl A)

 PRESS RELEASE

D-BOX Reports Record Royalty Revenues and $2.0 Million Net Profit in F...

D-BOX Reports Record Royalty Revenues and $2.0 Million Net Profit in First Quarter Fiscal 2026 Q1 Fiscal 2026 Highlights Record royalties of $4.0 millionRecord adjusted EBITDA1 of $3.3 millionTotal revenues of $13.0 millionNet profit of $2.0 million after a $0.9 million restructuring charge MONTREAL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Company") (TSX: DBO) today reported financial results for its first quarter ended June 30, 2025. “In Q1 2026, D-BOX delivered robust financial performance with record royalty growth and strong profitability,” said N...

 PRESS RELEASE

D-BOX Technologies Inc. annonce des revenus de redevances records et u...

D-BOX Technologies Inc. annonce des revenus de redevances records et un résultat net de 2,0 millions de dollars pour le premier trimestre de l'exercice 2026 FAITS SAILLANTS DU T1 DE L'EXERCICE 2026 Redevances record de 4,0 millions de dollarsBAIIA ajusté1 record de 3,3 millions de dollarsRevenus totaux de 13,0 millions de dollarsRésultat net de 2,0 millions de dollars après une charge de restructuration de 0,9 million de dollars MONTRÉAL, 13 août 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (« D-BOX » ou la « Société ») (TSX : DBO), a annoncé aujourd’hui les résultats de son pre...

 PRESS RELEASE

D-BOX Confirms Naveen Prasad as President and CEO and Announces Leader...

D-BOX Confirms Naveen Prasad as President and CEO and Announces Leadership Realignment to Accelerate Growth and Execution MONTREAL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (TSX: DBO), a global leader in haptic and immersive entertainment technology with systems deployed on well over 1,000 theatrical screens worldwide and a growing leadership position across simulation racing, training, and experiential markets, today announced the appointment of Naveen Prasad as President and Chief Executive Officer, effective immediately. Mr. Prasad, elected to the Board of Directors...

 PRESS RELEASE

D-BOX confirme Naveen Prasad en tant que président et chef de la direc...

D-BOX confirme Naveen Prasad en tant que président et chef de la direction et annonce une réorganisation de la direction pour accélérer la croissance et l'exécution MONTRÉAL, 13 août 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (TSX : DBO), un leader mondial de la technologie haptique et du divertissement immersif avec des systèmes déployés sur plus de 1 000 écrans de cinéma dans le monde et une position de leader croissante dans les marchés de la simulation de course, de la formation et de l'expérience, a annoncé aujourd'hui la nomination de Naveen Prasad en tant que président et che...

 PRESS RELEASE

D-BOX Technologies Announces Executive Departure

D-BOX Technologies Announces Executive Departure MONTRÉAL, July 08, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), a global leader in immersive motion experiences across movie theatres, sim racing, gaming, and simulation training, today announced that Jean-François Gagnon, Senior Vice President, will be stepping down from his role effective August 15, 2025. Following his departure, the sales and marketing teams will report directly to Naveen Prasad, Interim Chief Executive Officer for the time being. This transition advances D-BOX’s ongoing ef...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch