Financial News
Toggle3D.ai Announces Ex-Microsoft Executive as New CEO and Promotes Its Director of Finance to CFO
TORONTO, ON / ACCESSWIRE / May 2, 2024 / Toggle3D.ai (the "Company") (CSE:TGGL)(OTCQB:TGGLF)(FSE:Q0C), a innovative AI solution harnessing the power of generative AI to convert CAD files, apply stunning 4K texturing, and seamlessly publish superior 4K 3D models and 3D photography is pleased to announce new management changes as it prepared for new product launches and rapid growth.
Management changes:
Hareesh Achi has been appointed CEO and director of Toggle3D.ai. With a solid history at major tech firms like Microsoft and Meta, where he was involved in large-scale operations, Hareesh aims to leverage his expertise to propel the growth and scaling of Toggle3D's AI and 3D technologies. Evan Gappelberg, who is stepping down as CEO/director of Toggle comments, "It's been my pleasure to work with Hareesh preparing Toggle3D.ai for rapid growth in the CAD-3D-AI space. He has a proven track record of success at big technology companies like Microsoft and Meta and so it makes total sense to hand over the reins to him to grow this exciting platform and business."
Hareesh Achi commented, "Joining Nextech3D.ai was a key moment in my career, contributing to the company's growth and profitability. I am excited to lead Toggle3D.ai and drive further expansion and innovation in the AI and 3D sectors."
Anum Wagas, CPA, CGA, previously the Director of Finance for Toggle3D.ai has been appointed interim Chief Financial Officer. Anum brings over a decade of experience from multinational companies and government sectors, with a strong background in financial reporting under IFRS. She succeeds Andrew Chan, who is exploring new job opportunities in different industries. The Board expresses appreciation for his contributions and wishes him success.
Recent Toggle3D.ai News
Toggle3D.ai Reports 75% Usage Growth in Q4, New Release With AI Search Engine Integration Set for Q1
Toggle3D.ai's AI Lab Announces Breakthrough With Generative AI Photo Rendering
About Toggle3D.ai
Toggle3D.ai (CSE:TGGL)(OTCQB:TGGLF)(FSE:Q0C) is a groundbreaking SaaS solution that utilizes generative AI to convert CAD files, apply stunning 4K texturing, and enable seamless publishing of superior 4K 3D models, serving various industries within the $160 billion CGI market. With its Augmented Reality-based rapid prototyping web app, Toggle3D empowers designers, artists, marketers, and eCommerce owners to effortlessly convert, texture, customize, and publish high-quality 3D models and experiences, regardless of technical or 3D design expertise.
Toggle3D.ai Investor Relations
Visit the Toggle3D Investor Relations website and sign up for the investor mailing list to receive the latest news, press releases, investor presentations, CEO interviews, financial information and more.
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Follow Toggle3D.ai on Social Media
YouTube: https://www.youtube.com/@Toggle3D
Instagram: https://www.instagram.com/toggle3d.ai/
Facebook: https://www.facebook.com/Toggle3D
LinkedIn: https://www.linkedin.com/company/toggle3d-ai/
Twitter: https://twitter.com/Toggle3Dai
For further information, please contact:
Investor Relations Contact
Julia Viola
investor.relations@toggle3D.ai
Toggle3D.ai
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)
Forward-looking Statements
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
SOURCE: Toggle3D.AI Inc.
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