Martello Technologies Group Inc. announced the appointments of Jim Clark as Director and software industry executive Alec Saunders to the Company's Board of Directors. Both appointments are effective April 1, 2024. Jim Clark joined Martello in May 2022 as the Company's Chief Financial Officer, and in November 2023 assumed the additional role of Interim CEO.

As Interim CEO Mr. Clark has optimized Martello's organizational structure and attracted high caliber talent to the Company while overseeing improvements to Martello's sales and demand generation processes, designed to accelerate revenue growth in the future. Mr. Clark brings more than 25 years' experience executing strategies and business plans to increase shareholder value in private and publicly traded organizations. Mr. Clark holds a CPA designation and a Bachelor of Commerce degree from Concordia University.

The Company expects to announce the appointment of a CFO in due course. Mr. Saunders is a software executive and entrepreneur who currently leads partner strategy for sustainability at Microsoft. In his 17-year tenure at Microsoft, he has held progressively senior roles in partner strategy and development for early-stage products, startups and business applications.

He has founded three companies and served as VP Ecosystem and Developer Relations at Blackberry. All director appointments are subject to TSXV approval.