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VirtualArmour Announces Executive Changes

Vancouver, B.C., May 12, 2017 (GLOBE NEWSWIRE) -- Premier Managed Services Provider, VirtualArmour International Inc. (the “Company”) (CSE:VAI), has announced that Matthew Brennan, will be stepping down from his role as company President. In the interim, his responsibilities will be assumed by the current executive leadership team with oversight from VirtualArmour’s Chairman, Christopher Blisard and CEO Todd Kannegieter.

“Matthew has made significant contributions to VirtualArmour in the six years he has been a part of our company,” said Christopher Blisard, Chairman and Co-Founder of VirtualArmour.

"I am proud of our accomplishments over the past six years as we have transformed VirtualArmour and become a leader in the Managed Services and Cybersecurity market," said Mr. Brennan. "I am sincerely grateful for the support I've received from the Board of Directors, our clients and our employees. VirtualArmour is well positioned to continue its enviable growth.”

"VirtualArmour will maintain its clear and strategic focus on expanding revenues, serving its clients and growing profitability," Mr. Blisard added. "On May 1st, we reaffirmed our fiscal year 2017 guidance, and Matthew’s departure does not change that picture in any way."

About VirtualArmour

VirtualArmour is a premier Managed Services Provider (MSP) delivering customizable management of advanced network and security services to global businesses across numerous industry sectors. It is a trusted partner of several Fortune 500 organizations and uses only best-in-breed technology to protect and secure its clients. 

VirtualArmour’s services operate around the clock through its Security Operations Centers (“SOC”) located in Middlesbrough, U.K. and Salt Lake City, Utah. Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website www.virtualarmour.com

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour.  Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

Company Contact: Nick Dinsmoor Vice President Marketing and Business Development Office: 720-644-0913 nick.dinsmoor@virtualarmour.com 

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