Weyland Tech Promotes Company Executives in Preparation for Continued Growth and Expansion

NEW YORK, Dec. 10, 2019 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (OTCQX: WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech solutions, has promoted three company executives to new or existing positions.

• Eddie Foong, founder of CreateApp, was promoted to the new position of chief product officer. He previously served as chief operating officer.
• John MacNeil was promoted to chief operating officer. Previously, served as director of capital markets.
• Matthew Brent was promoted to the new position of chief strategy officer. Previously, he was head of corporate development and product strategy.

“As we continue on our rapid growth trajectory, we recognize the importance of having the right executive team in place to execute on our ambitious plans,” said Brent Suen, CEO of Weyland. “Near-term, these plans include completing the acquisition and integration of a Push Interactive’s U.S.-based eCommerce platform, introducing our award-winning CreateApp PaaS solution to North America, and building out additional value-added products and services for SMBs and major brands.”

“These three highly experienced, capable and accomplished team members were ideal candidates to assume greater responsibility and oversight of our day-to-day operations, as well as drive business and product development with a focus on customer experience,” continued Suen. “We expect them to continue to drive our momentum forward and keep us on track for another year of record growth in 2020.”

Executive Bios

Eddie Foong has over 17 years of experience in IT, sales and marketing and operations. He was involved in a RFID technology company that developed and changed Singapore National Library Books borrowing system island-wide. He previously headed the sales and marketing department of Info. Technology within MNCs and government agencies. He is also an IBM Award recipient and holds a Bachelor of Engineering, first-class honors, from University of Strathclyde, U.K.

John MacNeil has more than 30 years of experience in the financial services and technology industries. He has advised technology, financial technology and renewable energy companies on strategic relationships, financial forecasting, investor relations and capital formation. He previously served as a portfolio manager for technology funds at Schroders Investment Management. He holds a Bachelor of Electrical Engineering from University of Connecticut and MBA from Columbia Business School.