LAS VEGAS, Nevada, July 30, 2015 /PRNewswire/ - DEQ Systems Corp. (TSX-V: DEQ) ("DEQ" or the "Company") announces that it has accepted the resignation of Mr. Earle G. Hall, effective immediately, and is very pleased to announce the appointment of Mr. Alain Cousineau to the Board of Directors.
Mr. Cousineau currently serves as Chairman of the Canada Media Fund. Mr. Cousineau formerly held positions as President and CEO of Loto-Quebec and Groupe Secor. Prior to that he had a distinguished career in the academic field primarily at Sherbooke University where he was Dean of the Business school. Mr. Cousineau has also held board positions in a diverse range of industries and has extensive consulting experience in marketing and corporate strategic planning. Mr. Cousineau will also serve as a member of the Compensation and Compliance committees of the DEQ board.
"I am extremely honored about the opportunity to serve on the Board of DEQ, and I look forward to being a part of DEQ's continued growth and success," stated Mr. Cousineau. Mr. David D. Ross, DEQ Board Chairman stated, "We are extremely pleased to have Mr. Cousineau join our Board and actively participate in our bright future. Mr. Cousineau's experience and background will fit very well with our Board as we continue to expand and grow into new markets and lines of business."
Mr. Ross added, "We are very grateful for Mr. Hall's dedication and loyalty to DEQ while serving on the Board during the past two years as he transitioned out of the CEO role. His insight and teamwork spirit made for a very healthy transition to the new team. The Board wishes to thank Mr. Hall for his valued service and tremendous dedication to DEQ during his tenure, and wishes him well in his future endeavors."
The Board is now composed of the following four members, including three independent members: David D. Ross, Jon L. Whipple and Alain Cousineau; and one non-independent member: Joseph E. Bertolone. Mr. Ross serves as Chairman of the Board and as the Whistleblower Officer. The Audit Committee will now consist of Messrs. Whipple (Chair), Ross and Cousineau, the Governance and Compensation committees will now consist of Messrs. Ross (Chair), Whipple and Cousineau, and the Compliance Committee will now consist of Messrs. Cousineau (Chair), Whipple and Bertolone.
DEQ Systems Corp. (TSXV: DEQ) is a market leader in Table Game Systems, live and online Proprietary Table Games content and Table Top Utility solutions. DEQ markets industry leading brands such as our G3™ Table Progressive System and our EZ Baccarat™ live and online Proprietary Table Game content. DEQ's systems and games are installed in over 300 casinos, in 30 countries around the world. For further information, please visit www.deq.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE DEQ SYSTEMS CORP.