LOS ANGELES, CA / ACCESSWIRE / May 24, 2017 / Kraken Sonar Inc. ("Kraken") (TSX-V: PNG, OTC PINK: KRKNF), a marine technology company dedicated to the production and sale of software-centric sensors and underwater robotic systems, today announced that it will be presenting at the 7th annual LD Micro Invitational on Wednesday, June 7 at 9:30 AM PST / 12:30 PM EST. CEO Karl Kenny and CFO Greg Reid will be attending the conference.
"The LD Micro Invitational is known for attracting American, microcap investors who are looking for unique technology themes," said Mr. Kenny. "We're excited to attend the conference as this is a great time for investors to learn more about Kraken and the underwater drone market, which is rapidly expanding, especially in the oil and gas and military verticals. The U.S. Navy tested and approved our sensor technology, and major defense contractors are incorporating Kraken's IP into their bids. We're confident that these catalysts and others will resonate with these new potential investors."
"This year, not only do we have a record number of companies making their LD Micro debuts, but a record number of companies presenting for the first time in their company's history" stated Chris Lahiji, President of LD Micro. "LD has established itself as the one venue that brings the most influential players from all segments of the market under one roof."
The conference will be held at the Luxe Sunset Bel Air Hotel and will feature 180 companies in the small / micro-cap space.
View Kraken Sonar's profile here: http://www.ldmicro.com/profile/PNG.V
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ABOUT KRAKEN SONAR INC.
Kraken Sonar Inc. (TSXV: PNG) is a marine technology company, founded in 2012, that is dedicated to the production and sale of software-centric sensors and underwater robotic systems. The company is headquartered in St. John's, Newfoundland with offices in Dartmouth, Nova Scotia; Bremen, Germany; and Fairfax, Virginia. For more information, please visit www.krakensonar.com and www.krakenrobotik.de
About LD Micro
LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into an event platform hosting several influential conferences annually (Invitational, Summit, and Main Event).
In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and microcap universe.
For those interested in attending, please contact David Scher at [email protected] or visit www.ldmicro.com for more information.
Certain information in this news release constitutes forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect the Company's current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market, competition, governmental or regulatory developments, general economic conditions and other factors set out in the Company's public disclosure documents. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provide (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION
For further information, please contact:
Sean Peasgood
Investor Relations
(416) 565-2805
[email protected]
Stephen Harpur
Investor Relations
(604) 306-6142
[email protected]
Greg Reid
Chief Financial Officer
(416) 818-9822
[email protected]
Glenda Leyte
Marketing Manager
(709) 757-5757 extension 288
[email protected]
SOURCE: Kraken Sonar Inc.