Catherine Lacavera, powerhouse IP lawyer at Google Inc. joining Globalive Technology's board of directors

TORONTO, June 12, 2018 /CNW/ - Catherine Lacavera is Google Inc.'s Director of Intellectual Property, Litigation and Employment and has amassed a number of highly impressive accolades. These include a ranking in Fortune's 40 under 40 in 2013, 50 Most Influential People In The World Of Intellectual Property in 2015, over 20 other such distinguished awards, 6 bar and court associations, numerous high-profile board memberships and key participations in publications and speaking ceremonies worldwide.

She is joining the board of directors of Globalive Technology Inc., a blockchain and artificial intelligence technology commercialization firm that will commence trading on the TSX Venture Exchange under the ticker 'LIVE' on June 13, 2018. (TSX-V: LIVE)

At Google, Ms. Lacavera oversees a team of 150 attorneys, paralegals, and technical advisors as well as the employment and litigation departments. She has successfully defended more than 1000 patent claims, among them multi-billion dollar actions by Viacom against YouTube and Microsoft, Apple and Oracle against Android.

Ms. Lacavera's expertise includes acquisitions, licensing, antitrust, privacy, contractual and regulatory matters. She has negotiated licenses both within and outside the context of litigation and has analyzed acquisition agreements for compliance, encumbrances, rights and obligations with multinational organizations. Examples include the $12.5 billion acquisition of Motorola, $3.2 billion acquisition of Nest and $2.35 billion home business divesture to Arris.

Other members of Globalive Technology's board are Anthony Lacavera, who is Ms. Lacavera's brother, Jason Theofilos, and Kingsley Ward.

Mr. Lacavera is a renowned and celebrated Canadian entrepreneur who has made over 100 venture and private equity investments over the past 15 years. Mr. Lacavera founded WIND Mobile, which grew to become Canada's 4th largest carrier and was sold to Shaw for $1.6 billion. He has founded or co-founded 12 businesses, invested in 45 technology companies, and raised over $2 billion in capital. He will also act as CEO and Chairman of Globalive Technology.

Mr. Theofilos is the co-founder of Mundo Inc., a leading global performance mobile ad network. Mr. Theofilos has invested in over 50 private technology and blockchain companies with numerous successful exists. He also serves on the board of Coinsquare, a leading Canadian cryptocurrency exchange.

Mr. Ward is Managing Partner at VRG Capital and has more than 25 years of experience as an investor and director of private equity and public company investments. Mr. Ward is Chairman of Founders Advantage Capital, DATA Communications Management, Clarus Securities, Jones Brown Holdings and Nucro Technics.

"We are seeing the speed at which traditional businesses are adopting the premise of decentralized frameworks," said Ms. Lacavera. "Globalive Technology is working to make the benefits of these technologies readily accessible for rapid, secure, and reliable transactions for traditional businesses across diverse industries."

Globalive Technology Inc. has established a mergers and acquisitions (M&A) timeline for 2018 and is maintaining and tracking over 125 companies in blockchain, artificial intelligence, Internet of Things, and other sectors. Specifically, Globalive Technology's M&A opportunities and initiatives are expected to focus on financial services, agriculture, technology, and talent acquisition sectors.

Globalive Technology Inc.

Globalive Technology is a next generation software company and venture partner that is developing and investing in innovative solutions to disrupt traditional industries using AI, IoT and blockchain technology. The company forms partnerships with leading high growth companies to co-develop blockchain and artificial intelligence technology stacks. It is parented by Globalive Capital Inc. which has founded and co-founded 12 businesses over the past 20 years with 5 successful exits ranging from $10M to $1.3B USD. It has also made over 100 venture investments and has over 45 portfolio technology companies.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Forward-Looking Statements

This news release contains forward-looking statements relating to the timing of Ms. Lacavera joining the board of directors of GT, the date that GT's shares will commence trading on the TSXV, GT's expectations with respect to potential M&A transactions and the potential benefits of such transactions. Such forward-looking statements are identified by terms such as "will", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding Ms. Lacavera joining the board of directors of GT, the date that GT's shares will commence trading on the TSXV, GT's expectations with respect to potential M&A transactions and the potential benefits of such transactions, are forward-looking statements that involve 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. Important factors that could cause actual results to differ materially from GT's expectations include the TSXV not approving Ms. Lacavera as a director, issues arising with respect to the initial trading day for GT's shares, economic conditions making acquisitions not feasible or their benefits less than expected and other risks as set out in the Filing Statement filed by GT on May 29, 2018 and available on its SEDAR page at www.sedar.com.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of GT. As a result, GT cannot guarantee that any of the forward looking statements contained in this press release will occur within the times disclosed herein or at all. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and GT will only update or revise publicly the included forward-looking statements as expressly required by Canadian securities law.

SOURCE Globalive Technology