BLOCKStrain Announces Appointment of CFO

Published: October 1, 2018

BLOCKStrain Announces Appointment of CFO

BLOCKSTRAIN TECHNOLOGY CORP. announced that the Company has appointed Swapan Kakumanu as Chief Financial Officer and a Director of the Company.

“I am very pleased that Swapan is joining our team, both as our Chief Financial Officer and as a Director on the Board,” said BLOCKStrain CEO Robert Galarza. “His extensive experience with technology companies, along with his public company experience and unquestionable work ethic will add significant value to our Company as we enter into our next evolutionary phase.”

Mr. Kakumanu has more than 25 years of senior finance and operations experience and has served at senior executive management levels, both in public and private companies, in high growth technology, manufacturing, blockchain, medical device, trading and oil field services industries. He has held senior roles as President, Chief Executive Officer, Chief Financial Officer, Company Secretary and Board Member. Mr. Kakumanu has extensive experience in public company reporting, investor relations, mergers and acquisitions, internal controls and general overall financial and operational management. He holds CPA.CGA, ACA and ACMA designations.

Cameron Chell, the Company’s Chairman, further stated, “The appointment of Swapan as Chief Financial Officer and Director demonstrates the creation of a top-shelf leadership team which indicates BLOCKStrain’s readiness to execute on the Company’s growth strategy. His broad experience with high-growth business makes him an ideal fit for this role.”

In connection with Swapan’s appointment, Anthony Jackson has resigned as Chief Financial Officer and as a Director of the Company. The Company thanks Mr. Jackson for his service and wishes him the best for his future endeavours.

“Anthony stepped into the role of CFO at a crucial time, and his experience was invaluable as BLOCKStrain transitioned from a private company to a publicly traded corporation,” said Galarza. “We sincerely appreciated his guidance and support.”

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