Greenway Design Group Announces New CEO, Relocation Plan and Company Update
HUNTINGTON BEACH, CA / ACCESSWIRE / October 26, 2015 / Greenway Designs, Inc, (PINKSHEETS: GDGI) After announcing earlier today that its recently acquired Deal-X Technologies, a Daily Deal and Digital Coupon technology company, was awarded a key trademark, Greenway Design Group, Inc. today announced that CEO Ben LeFrancois has resigned. "We want to wish Mr. LeFrancois the best in all his future endeavors," said newly appointed CEO Thomas Gregory of Phoenix, Arizona.
"This trademark is an important component in our future plans and we will aggressively defend any unauthorized use of it and effective immediately we will cease all activities related to the air conditioning business and focus solely on internet and software platform technologies and web properties. We will also assess all of our assets in the form of information technology and intellectual property as we move forward," said Gregory.
The company also announced that it will be moving its operations to the Phoenix, Arizona area in the near future. "Industry leaders like GoDaddy and Liflelock started here in the Phoenix area and other companies like PayPal and Intel have opened facilities here in recent years as well. The talent pool in the Phoenix area rivals any area outside of Northern California and Silicon Valley and the spirit of entrepreneurship is here and it's a great place to build a tech team," said Gregory.
He continued, "Greenway Design Group is going to launch, license, develop, operate, seek partners and joint ventures for, invest in and acquire web properties and web platform technologies and draw from all the advantages afforded tech companies here in the "Valley of the Sun" and we will also pursue the launching of 'breakout' internet brands."