Sherwood Park, Alberta, February 7, 2014 - Virtutone Networks Inc. ("Virtutone" or the "Company") (TSX Venture: VFX.V) announces that Mr. Brent Johnston, who was recently appointed as a Chief Financial Officer of the Company, has resigned for personal reasons. Mr. Colin Campbell, formerly the Chief Financial Officer of the Company, remains with the Company and will assist management of the Company while they search for a new Chief Financial Officer.
In addition, the Company and Mr. Louis Acevedo have agreed to terminate Mr. Acevedo's consulting arrangement with the Company and Mr. Acevedo has resigned from his position as Vice-President, Carrier Operations.
For further information, please contact Jason Allen at (780) 702-5777 ext 101.
About Virtutone Networks Inc.
Virtutone Networks Inc. is a technology company based in Sherwood Park, Alberta and is listed on the TSX Venture Exchange in Canada. The Company is a leading supplier of wholesale telecommunication services. Additional information can be found on the Company's website at www.virtutone.ca and under the Company's profile on www.sedar.com.
For further information, please contact Jason Allen at 780-702-5777.
Neither TSX Venture Exchange nor its Regulation 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.