D-BOX announces director resignation

MONTREAL, Oct. 3, 2024 (GLOBE NEWSWIRE) – D-BOX Technologies Inc.D-BOX” or the “Corporation”) (TSX: DBO), today announced that Zrinka Dekic has resigned from the Corporation’s Board of Directors. Unfortunately, her recent appointment at JP Morgan precludes her from serving on the board of a publicly traded company. Ms. Dekic was appointed director in December 2021.

D-BOX would like to thank her for her valuable contributions throughout her tenure and wish her all the best in her future endeavors.

The Corporation has indicated that it will begin a process to find a replacement for Ms. Dekic.

ABOUT D-BOX

D-BOX creates and redefines realistic and immersive entertainment experiences by moving the body and sparking the imagination through effects: movement, vibration and texture. D-BOX has collaborated with some of the world’s best companies to deliver new ways to enhance great stories. Whether it’s movies, video games, music, relaxation, virtual reality applications, themed entertainment or professional simulation, D-BOX creates a sense of presence that makes life resonate like never before. (TSX: DBO) is headquartered in Montreal, with offices in Los Angeles, USA and Beijing, China. Visit D-BOX. with.

LEGAL NOTICE 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, but is not limited to, statements about the Corporation’s future plans, activities, objectives, operations, strategy, business prospects, and financial performance and condition, 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 their negative form are used to identify forward-looking statements. Forward-looking statements should not be construed 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 a number of assumptions that give rise to the possibility that actual results may differ materially from the Corporation’s expectations expressed or implied by such forward-looking information and no warranty can be made. be given that any events anticipated by the forward-looking information will or will occur, including, without limitation, the Corporation’s plans, activities, objectives, operations, strategy, business prospects and future performance and financial condition.

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

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

The risks, uncertainties and assumptions that could cause actual results to differ materially from the Corporation’s expectations expressed or implied by the forward-looking information include, but are not limited to, the ability to find a replacement for the resigning director and the timing of any replacement. These and other risk factors that could cause actual results to differ materially from the expectations expressed 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, 2024, a copy of which is available on SEDAR+ at www.sedarplus.ca.

Except as required by Canadian securities laws, the Corporation does not intend or 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 warns readers that the risks described above are not the only ones that could impact it. Additional risks and uncertainties not currently known to the Corporation or that the Corporation currently considers to be immaterial could also have a material adverse effect on the Corporation’s business, financial condition or results of operations.

FOR MORE INFORMATION, CONTACT:

Sébastien Mailhot
Executive Director
D-BOX Technologies Inc.
450-442-3003
[email protected]