Press release from Marketwire
TeraGo CEO Boyd Resigns
Chairman Charles Allen Named Interim CEO
Friday, November 15, 2013
TeraGo CEO Boyd Resigns07:00 EST Friday, November 15, 2013
TORONTO, ONTARIO--(Marketwired - Nov. 15, 2013) - TeraGo Inc. (TSX:TGO) (www.terago.ca) announced that Bryan Boyd has today, by mutual agreement resigned as President and Chief Executive Officer and as a board member of the Company and its subsidiary to pursue other opportunities. Charles Allen, Chairman of the Board, has been appointed to act as Interim President and CEO as the board conducts a search for the new CEO.
Mr. Allen stated, "The board joins me in wishing Bryan well and thanking him for his 13 years of leadership and accomplishments. We have commenced a search for a new Chief Executive Officer to drive the next phase of our data centre expansion strategy and to renew focus on growth within our existing access business. As the broadband industry evolves, our objective is to accelerate the development of our facilities and portfolio of services to better serve Canada's small and medium business community's data hosting and related needs."
ABOUT TERAGO NETWORKS
TeraGo Networks Inc. provides businesses across Canada with carrier-grade broadband, data and voice communications services. Colocation and disaster recovery solutions are also provided by Data Centers Canada, a division of TeraGo Networks. The national service provider owns and manages its IP network servicing over 6,500 customer locations in 46 major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg. TeraGo Networks is a Competitive Local Exchange Carrier (CLEC) and is a wholly owned subsidiary of TeraGo Inc. (TSX:TGO). More information about TeraGo is available at www.terago.ca.
FOR FURTHER INFORMATION PLEASE CONTACT:
Interim Chief Executive Officer