Mr McCluggage said of his appointment, "I am excited about the opportunity afforded to me to join the Board of Directors of Covata. Over the past 2 months I have worked closely with Trent Telford and the London based sales team in front of potential government customers. Given my background, I can say the interest from the introductions I have made in the UK and Northern Ireland governments is genuine; SafeShare has been very well received. Our success is mutually aligned and I'm looking forward to being a part of it.”
Covata CEO, Trent Telford said of the appointment, “Mr McCluggage is joining at an important time for the Company where an inflection point in the UK Government market is expected in the near term. We have materially progressed the potential revenue from this market segment over the past few months with the assistance of Mr McCluggage’s network and expertise. I expect this to be the first of a number of key appointments the Company intends to make alongside contract wins in the UK Government.”
CVT Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held