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11/15/18 4:37 PM

#20 RE: Wo #19

Martello Appoints Mike Galvin and Jennifer Camelon to its Board of Directors

https://www.newswire.ca/news-releases/martello-appoints-mike-galvin-and-jennifer-camelon-to-its-board-of-directors-700362421.html

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OTTAWA, Nov. 13, 2018 /CNW/ - (TSXV: MTLO), ("Martello" or the "Company"), a leading provider of network performance management solutions for real-time communications announced today the appointments of Mike Galvin and Jennifer Camelon to its board of directors. Mr. Galvin is a telecommunications industry leader with more than 32 years' experience in BT PLC, who has been responsible for the design, deployment and management of some of the largest broadband networks in the UK. Ms. Camelon is a technology industry finance and business executive with experience leading global transformation and integration initiatives for organizations such as QNX and the Royal Canadian Mint. All current Directors remain on Martello's Board. These appointments bolster Martello's leadership team following the Company's , as Martello continues to execute on its 'build and buy' growth strategy.

Mr. Galvin has been responsible for the design, deployment and management of some of the largest broadband networks in the UK. As Managing Director in BT PLC, Mr. Galvin led key national initiatives including the rollout of BT's fibre network, and the nationwide delivery of high-speed internet for the UK. Mr. Galvin has led BT's internationally respected research division. A telecommunication engineer and specialist in broadband networks he has 32 years of industry experience, working at board level, with governments and in leadership positions in technology, innovation and research. Mr. Galvin brings extensive technology program leadership experience and delivery of large infrastructure projects in both the public and private sectors.

Currently the interim president and CEO of the Royal Canadian Mint, Ms. Camelon is a seasoned finance and business leader. Previously Chief Financial Officer of QNX Software systems, Ms. Camelon also led the IT, operations and quality functions. Ms. Camelon was the primary corporate representative to QNX's parent companies including Research in Motion. In addition to her responsibilities at QNX, she regularly undertook special projects and additional responsibilities in support of BlackBerry's transformation efforts. Prior to QNX, Ms. Camelon worked for Delta Hotels and Resorts as well as Price Waterhouse in both Toronto and Ottawa. Ms. Camelon is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Commerce (Honours) from Queen's University. In 2005 the Ottawa Business Journal recognized Ms. Camelon as one of the Top 40 under 40.

"On behalf of the Martello Board of Directors, I am pleased to welcome Mr. Galvin and Ms. Camelon to the team", said Terry Matthews, Co-Chairman of Martello and Chairman of Wesley Clover International. "Their global technology, business and transformation expertise will be valuable to Martello as the Company moves into the next phase of growth".

"I'm excited about this opportunity to work with a high calibre team seeking to dominate the market for network and IT performance management", said Mr. Galvin. "I look forward to helping Martello accelerate its growth in the global enterprise networking market".

"Martello is poised to expand with a strong global customer base and an aggressive strategy for growth as a public company", said Ms. Camelon. "Having worked extensively leading similar growth and transformation initiatives, I look forward to working with Martello's leadership to achieve best in class outcomes".

"I'm pleased to welcome Mr. Galvin and Ms. Camelon to Martello's world-class board of directors", said John Proctor, president and CEO of Martello. "I look forward to working with both to accelerate Martello's growth strategy".

Martello has a positive track record in acquisition activity. On November 2, the company announced the completion of its , after having acquired SD-WAN player Elfiq Networks in December 2017 and Netvitesse in 2014. The Company's solutions have been recognized by the industry. In September, Martello received a and ranked as Ottawa's Fastest Growing Company, at No. 28 on the Growth 500 list of Canada's Fastest Growing Companies. The Company's debut on the TSX Venture Exchange (TSXV) followed the closure of an oversubscribed $7.5 million private placement in June 2018.