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SoOum Corp Appoints New CFO to Lead Capital Acquisition Initiative and Operations Development

NEW YORK, Nov. 20, 2017 (GLOBE NEWSWIRE) -- SoOum Corp. (OTCPINK:SOUMD) (OTCPINK:SOUM) (“SoOum” or “the Company”), a Physical Commodities Arbitrage Trading company offering a web based International Trade platform, SoOum.com, would like to announce a change in leadership and the appointment of Terence Byrne, as Chief Financial Officer (8k filing).

As a result of these changes SoOum will have an opportunity to align its team members to best drive collaboration in the redevelopment of the company’s global online Import, Export, and International Trading platform. As such, the board decided to appoint Terence Byrne as its new CFO. Mr. Ronald Vega, interim CFO, will resume responsibilities as the company’s Chief Compliance Officer with immediate effect. Both gentlemen will report to the Chief Executive Officer, William Westbrook.

Prior to joining SoOum Corp (OTCPINK:SOUM), Terence has acted in various interim and full-time officer/director capacities; he specializes in raising capital for micro-cap companies, and has extensive experience in helping them move towards an operationally structured and developed model.

In his role as CFO, Mr. Byrne will direct finance and oversee SEC reporting, lead a capital raising campaign strategy for the Company, and consult the Board of Directors on developing operations and scaling the business worldwide. His full Biography can be found on the company website.

About SoOum Corp
SoOum Corp is a publicly held (OTCPINK:SOUM) Physical Commodities International Trading firm. Specializing in arbitrage based transactions of Physical Commodities, as well as offering a web based International Trading Platform. www.sooum.com

For more information regarding this press release please contact SoOum Corp Investor relations - investors@sooum.com

Cautionary Note Regarding Forward-Looking Statements in this press release regarding the Company’s business which are not historical facts are “forward-looking statements” that involve some risks and uncertainties. The Company cautions that various factors, including the factors described under the caption forward-looking statements in the Company’s annual report on Form 10-K, could cause actual results to differ materially from the statements contained herein. These factors include the following: business conditions and volatility in the commodities market, and the general economy; competitive factors including compressed gross profit margins; shifts in market demand; product availability; reliance on key customers; fluctuations in foreign currency exchange rates; income tax legislation; and the risk factors listed from time to time in the Company’s reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement.

Contact:
Steve Messina
646-801-3772
investors@sooum.com

Source:SoOum Corporation