Spetz Announces Leadership Transition for Growth

TORONTO, ON / ACCESS Newswire / March 21, 2025 / SPETZ INC. (the “Company” or “Spetz“) (CSE:SPTZ)(OTC PINK:DBKSF) is pleased to announce key leadership changes and new appointments to its board of directors (the “Board“).

Effective March 21, 2025, Yossi Nevo resigned from his position as CEO and a Director of the Company. Mr. Nevo will continue to act as President of the company’s wholly owned subsidiary, Spetz Tech Ltd. The Company thanks Mr. Nevo for his leadership and looks forward to his continued contributions.

The Company is pleased to welcome Mitchell Demeter as its new CEO. Mr. Demeter is a blockchain veteran and former President of Netcoins, where he helped expand one of Canada’s first regulated crypto trading platforms. He also co-founded one of Canada’s first crypto exchanges, which was acquired in 2015, and launched the world’s first Bitcoin ATM.

“I’m excited to take on this role and drive Spetz’s next phase of growth,” said Mr. Demeter. “With our strong foundation, we’re well-positioned to expand our technology and market reach.”

Spetz is also pleased to welcome Mark Binns and Spencer MacLean to the Board.

Mark Binns is a public company executive and blockchain industry veteran. He is the CEO of Carrier Connect Data Solutions and former CEO of BIGG Digital Assets. Mr. Binns has also held board positions at WonderFi (TSX:WNDR), and Sparx Technologies, bringing extensive experience in capital markets, investor relations, fintech, and corporate strategy.

Spencer MacLean has over a decade of experience in capital markets, specializing in investing, capital raising, M&A, and corporate structuring. As a former lawyer at a boutique firm in Vancouver, he remains a member of the Law Society of British Columbia and the Canadian Bar Association. Currently, Mr. MacLean is a Director at Bromac Resources Ltd., and a Partner at Oro Capital Ltd., where he focuses on high-growth investment opportunities. His combined expertise in law, finance, and business strategy makes Mr. MacLean a valuable addition to the Board.

“We’re excited to welcome Mark and Spencer to the Board,” said Mr. Demeter. “Their expertise will be instrumental as we scale our blockchain and AI-driven marketplace initiatives.”

Spetz also announces that Ofir Friedman and On Freund have resigned from the Board. The Company thanks them for their valuable contributions and wishes them success in their future endeavors.

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About Spetz Inc.

Spetz Inc. is a multinational technology company that operates an AI marketplace application and has investments in blockchain and cryptocurrency. The Spetz application is a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the USA, United Kingdom, Australia, and Israel. The Spetz vision is to reinvent how people around the world connect to services in their moment of need by instantly matching them with the top-rated service providers anytime, anywhere.

Spetz Website: www.spetz.app
Investor Information: https://investor.spetz.app

Company Contacts:

Investor Relations
Email: Investors@spetz.app

Nofar Shigani, CFO
Email: nofar@spetz.app
Phone: 647-956-6033
Phone: +972 526238108

Cautionary Note Regarding Forward-Looking Statements

Certain information herein constitutes “forward-looking information” under Canadian securities laws, reflecting management’s expectations regarding objectives, plans, strategies, future growth, results of operations, and business prospects of the Company. Words such as “plans,” “expects,” “intends,” “anticipates,” “believes,” and similar expressions identify forward-looking statements, which are qualified by the inherent risks and uncertainties surrounding future expectations.

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Forward-looking statements are based on a number of estimates and assumptions that, while considered reasonable by management, are subject to business, economic, and competitive uncertainties and contingencies. The Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from projected outcomes. Factors influencing these outcomes include economic conditions, regulatory developments, competition, capital availability, and business execution risks.

The forward-looking information contained in this release represents Spetz’s expectations as of the date of this release and is subject to change. Spetz does not undertake any obligation to update forward-looking statements, except as required by law.

This press release does not constitute an offer to sell or solicit an offer to buy securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful. None of the securities issued in connection with the acquisition will be registered under the United States Securities Act of 1933, and they may not be offered or sold in the United States absent registration or an applicable exemption.

We seek Safe Harbor.

SOURCE: Spetz Inc.

View the original press release on ACCESS Newswire

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