|By Marketwired .||
|March 14, 2014 08:01 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/14/14 -- LX Ventures Inc. (TSX VENTURE: LXV) ("LXV" or the "Company") is pleased to announce the addition of Mark Relph to its Board of Advisors, where he will work closely with LXV portfolio company, Copper.io.
A 15 year veteran of Microsoft, Mark was Vice-President of Developer Evangelism for Microsoft Canada where he led all developer outreach and owned the developer tools business for Microsoft Canada. He focused on the early adoption of the Microsoft platform with developers and drove business development for high profile projects such as the Vancouver Winter Olympics.
"We are delighted that Mark is joining the LX Advisory Board," said Ed Byrne, CEO of Copper.io. "His background in the developer tools space will be a high value-add for Copper. We intend to be the market leader in cloud developer tools, and attracting directly experienced top level advisors such as Mark is critical to that mission."
Almost all of the hottest modern apps that users love are not run on computers on the app developer's premises, but are deployed globally via cloud services provided by companies such as Amazon, IBM, Microsoft, Google and Rackspace. Even after apps are written and tested, deployment to make them available to users around the world can be a slow, expensive and overly complicated process. Copper provides a suite of tools that makes deployment of applications faster, easier and less dependent on the proprietary tools of each cloud provider. That means cheaper, faster and more flexible delivery of popular in-demand apps for brand name developers such as Copper's customers Salesforce, Glassdoor and McCann WorldGroup.
Mr. Relph added, "I'm pleased to be able to sink my teeth into the developer tools space that I know so well. Copper's products are unique in the space and provide high value to app developers. I'm thrilled to be actively involved in Copper's success."
Most recently, Mark headed up the Emerging Business Team at Microsoft (now part of Microsoft Ventures), which focused on venture backed startups and the venture capital community. In Silicon Valley, Mark's team orchestrated Microsoft's relationship with top VCs and investors. In addition, Mark is a senior advisor, mentor and advocate for the technology community across Canada.
Copper.io provides full stack ops & monitoring in one place. Having deep roots in Cloud Usage and Analytics reporting, Copper.io has assembled a full stack developer toolset to help deploy, operate and monitor apps in the Cloud. Their focus has and will continue to be producing best-in-class Cloud deployment tools - by developers, for developers. For further information about Copper, please visit: www.copper.io.
About LX Ventures
LX Ventures acquires and accelerates high growth technology companies. LX is vertically integrated with internal best-in-class practice area teams in sales, marketing, engineering and finance that are leveraged to turn our portfolio companies into industry leading organizations, one by one. For further information about LX Ventures, please visit: www.lxventures.com.
ON BEHALF OF THE BOARD, LX VENTURES INC.
Mike Edwards, CEO
CAUTIONARY NOTE: FORWARD-LOOKING STATEMENTS. Other than statements of historical fact, all statements included in this news release, including, without limitation, statements regarding future plans and objectives of LX are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those expected by LX are those risks described herein and from time to time, in the filings made by LX with Canadian securities regulators. Those filings can be found on the Internet at: http://www.sedar.com.
Neither the TSX Venture Exchange nor its Regulatory 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.
Liolios Group Inc.
Scott Liolios or Wojtek Nowak
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