Redline Communications announced that Mr. Philippe deGaspé Beaubien III, a founder and current chairman of the Company, will not be seeking re-election at the upcoming annual general and special meeting of the Company, which is expected to be held in June 2016. In light of Mr. deGaspé Beaubien's departure, the company announced that Mr. David J. Roberts was appointed to its board of directors. Mr. Roberts is currently Chief Investment Officer of Pender Financial Group Corporation and has over 30 years of senior operational and investment experience in the venture capital, information technology, communications and life sciences sectors.

He has held various directorships in public and private companies since 1983. He is currently Chairman of ActiveState Software Inc. and a director of RDM Corporation. Previously, Mr. Roberts also served as Chairman, President and CEO of BasicGov Systems Inc., President & CEO and director of Santa Rosa Resources Corp., a director of Pender Growth Fund (VCC) Inc., Chairman of Icron Technologies Corporation Inc., and President & CEO of PenderFund Capital Management Ltd.Mr.