Stemtech Corporation Appointment of Claude Ayache to Vice President Finance for Stemtech Healthsciences Corp (USA) Division

MIRAMAR, FL / ACCESSWIRE / January 27, 2023 / STEMTECH CORPORATION - (OTCQB:STEK) today announced the appointment of Mr. Claude Ayache as Vice President of Finance for Stemtech HealthSciences Corp, the US subsidiary. He will continue to assume his current responsibilities via Stemtech Canada, Inc. until such time as he relocates to Florida and shall work directly for Stemtech HealthSciences Corp. Stemtech has been in business in Canada since 2008, with offices in Quebec, offering products and the business opportunity in English and French.

In this expanded role, Mr. Ayache will collaborate with the executive team on the strategic direction of the company. His role will expand beyond accounting and include finance. Claude Ayache has been President of Exadyn Consultants Inc., a financial management consulting firm specializing in providing financial reporting support and capital market advisory services to public companies since 1999. He also provided strategic restructuring / reorganization services to both private and public companies.

In addition to working with our accounting team, Mr. Ayache leveraged his expertise and knowledge to build Stemtech's robust financial reporting model that consolidated a number of tasks to improve the efficiency within our regulatory reporting framework. He has also worked with our legal team to coordinate the acquisition of Life Factor Research and is overseeing the integration of their accounting to facilitate their consolidation.

Charles S. Arnold, Chairman and CEO of Stemtech said that "Claude is able to support so many areas of the business well beyond accounting and finance. This promotion is a testament to his past assistance. We look forward to his support as we continue roll out our strategic plan, VISION 2023".

Stemtech's President and COO, John W. Meyer, said that "since engaging Claude over a year ago, we have been able to build on a 17-year history which benefits our Independent Business Partners and the Company and our shareholders. As Stemtech continues to grow, Claude's detail-oriented nature serves us well to control our financial interests to grow our business".

Meyer continues to say that "Business-For-Home', an independent MLM publication, recently ranked Stemtech Number 11 among the top 700+ global network marketing companies in business momentum as of January 23 2023. In April 2022, Stemtech was ranked number 159, then in June 2022, moved up to number 98. Now at number 11, it reinforces and demonstrates our significant and consistent improvement, as well as investment in our infrastructure, will help fuel the growth of our business".