Tropic International Inc. Appoints New Chief Financial Officer
Woodstock, Ontario--(Newsfile Corp. - November 23, 2015) - Tropic International Inc. (OTCBB: TRPO) (OTCQB: TRPO), a Nevada corporation in the business of developing and commercializing an innovative home mist tanning system, is pleased to announce the appointment of Azmatali (Azmat) Mehrali as the company's new Chief Executive Officer and Principal Accounting Officer. Mr. Mehrali replaces John Marmora, who will remain as the company's President, Chief Executive Officer, Secretary, Treasurer and sole director.
"We are excited to have Azmat join the Tropic team as the public company's new CFO," commented Mr. Marmora. "He is an accomplished finance professional with a wealth of accounting and operational experience, having worked for numerous well-known investment firms as both an executive and consultant. We look forward to benefiting from Azmat's leadership, management skills and results-oriented approach, in addition to his recognized financial abilities, and expect his contributions to play an important role our current and future business development initiatives."
Mr. Mehrali has 25 years of financial services experience. He has been the President of a private CFO consulting business that provides regulatory and finance services to start-up brokerage firms in Canada since 2006, and prior to that he served as the Vice President, Finance at Genuity Capital Markets, a start-up brokerage and investment banking firm that was subsequently acquired by Canaccord Financial Inc. From 2001 to 2005, Mr. Mehrali worked as Assistant Controller at Investment Technology Group Canada, an electronic brokerage firm, and from 1994 to 2000, he acted as the Director of Finance at CIBC World Markets.
Mr. Mehrali holds a Bachelor of Commerce degree from the University of Toronto and has received both his Chartered Professional Accountant (CPA) and Certified Management Accountant (CMA) designations.
About Tropic International Inc.
Tropic International Inc. (OTCBB: TRPO) (OTCQB: TRPO) is in the business of developing and commercializing an innovative home mist tanning system through its majority owned Ontario, Canada subsidiary, Tropic Spa Inc. The company's goal is to market a unique, affordable system for convenient home use that delivers a full-body application and eliminates the harmful health effects associated with traditional tanning beds such as exposure to ultraviolet (UV) radiation, the consequences of which have been well-documented by numerous organizations including the American Cancer Society and the Canadian Cancer Society.
Tropic International Inc. has finalized the design of its home mist tanning system, applied for and acquired United States and Australian patents and has patents pending for Canada, China and the European Union. It has also completed two phases of test marketing initiatives. The company intends to capture a sizable share of the rapidly-evolving sunless tanning market by offering a safe, reliable and easy-to-use product.
For full product information, please visit the company's website at www.tropicspatan.com.
John Marmora — CEO
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