Sylogist Grants Options to CTIO
CALGARY, AB, Jan. 20, 2021 /CNW/ - The Board of Sylogist Ltd. (TSXV: SYZ) ("Sylogist" or the "Company"), is pleased to announce that it has granted stock options to Theresa (Terry) LoPresti, newly appointed Chief Technology & Innovation Officer ("CTIO").
Ms. LoPresti was granted 225,000 stock options at $11.78, the market closing price of Sylogist's shares on January 19, 2021, pursuant to the Company's Fixed Number Stock Option Plan, which options have a 5 year term and vest in equal tranches on the later of (i) the first, second and third anniversary of the date of grant and (i) respectively, for each tranche, the market value of the Company's common shares trading at or above $15.00, $17.00 and $19.00 for 30 consecutive trading days.
Sylogist is a public sector SaaS company that provides comprehensive ERP, CRM, fundraising, education administration, and payments solutions that allow its customers to carry out their missions. It serves over 1,700 customers globally, including all levels of government, nonprofit and non-governmental organizations, educational institutions, and public compliance-driven and funded companies. The Company has industry-leading profitability, an exceptionally strong balance sheet, a track record of successful acquisitions, and a portfolio of mission-critical SaaS solutions. Full financial statements together with Management's Discussion and Analysis are available on SEDAR at www.sedar.com.
The Company's stock is traded on the TSX Exchange under the symbol SYZ. Information about Sylogist can be found at www.sylogist.com.
Sylogist solutions include:
Serenic Navigator: Financial Tracking and Management for Education and Nonprofits
NaviPayroll: Payroll & HR Solution for Microsoft Dynamics 365 Business Central Customers
WenGAGE: Accounting & Student Information Systems
MissionCRM: Donor Management and Fundraising
InfoStrat: Dynamics 365 for GovCon, Grants Manager Plus, and SAVIN360 Victim Notification
Sylogist Pay: Payment Processing and Fuel Payment Management
The Portal Connector: Secure Web Portals for Online Customer Experiences
pavliks.com: Network and IT Solutions
Bellamy and SunPac: Financial Management
EpicData: ERP Solution for Manufacturing & Distribution
Learn more about Sylogist.
Learn more about the team at Sylogist.