Advantego Corporation (ADGO)

[Angelinvestor]

Advantego Corporation (OTC PINK: ADGO) today announced the long-planned resignation and transition to consulting status of Chief Financial Officer and Director Philip F. Grey as the Company moves forward to full marketing of its Business Process as a Service (BPaaS) suite of products.

“The change in status involving Mr. Grey was agreed upon nearly two years ago when we began the development of our products and branding as well as updating all financials while working towards status as a current, fully-reporting SEC company,” according to Robert W. (Rob) Ferguson, Chief Executive Officer. “Now that he has successfully completed those tasks, we are pleased that he will remain with Advantego in a valuable consulting capacity as well as chairing the Company’s new Advisory Board which is in the formation stage,” Ferguson pointed out.

The Company is continuing its search for a new CFO to manage its expected rapid growth. In addition, the Company is reviewing candidates for one or more independent Board of Director posts.