TORONTO and NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- QuantGate Systems Inc. (OTCQB: QGSI) ("QuantGate" or "Company"), an Artificial Intelligence ("AI") and Machine Learning ("ML") SaaS-based Fintech solutions company, would like to announce that Robert Séguin is rejoining the QuantGate Board of Directors and as Chair of the Audit committee.

Robert Séguin graduated with a B.Comm. (Finance & Marketing) from McGill University and obtained his MBA at SDA Bocconi Business School in Milano, Italy. Robert has held various Institutional positions throughout his career, including JP Morgan Securities, Bank of Tokyo Capital Markets (London), Royal Bank of Canada, Midland Walwyn and Yorkton Securities (Toronto). In 2006, Robert founded Westmount Capital as Managing Partner to assist Canadian-listed (TSX & CSE) emerging companies active in Mining, Exploration, Oil & Gas, Alternative Energy, Biotechnology, MedTech, Specialty Pharma, and other technology-driven sectors to enter the European markets, and exposure to Capital Markets and investors.

"We are delighted to have Robert again join the Board of our company and to serve as the Chair of our Audit Committee," commented Wayne Welter, Chairman of QuantGate Systems Inc. "Robert's pedigree contributes substantially to all aspects of QuantGate."

Allan Bezanson, CEO of QuantGate Systems Inc., states: "Robert's knowledge and expertise will add significantly to our board, as well as extensive relationships in Europe to help further our company's products and customer acquisition."

"I'm very happy to join the Board at this point in the company's evolution as it is on the cusp of gaining more recognition, especially with the significant interest and better acceptance of AI applications," commented Robert Séguin.

About QuantGate Systems Inc.:
QuantGate Systems Inc. (OTCQB: QGSI) is a publicly-traded fintech company that harnesses the power of Artificial Intelligence (AI), Machine Learning (ML), and proprietary big-data processing AI engines to deliver advanced SaaS solutions and seamless API integration. With its range of products, including Pilot Trading, QuantGate empowers traders globally with a comprehensive suite of real-time insights with cutting-edge SaaS solutions, enabling them to navigate the market with unparalleled confidence. 

For additional information, visit QuantGate Systems and Pilot Trading or follow them on Twitter (X), Facebook, LinkedIn, Discord and Instagram.

Forward-Looking Statements Disclaimer and Reader Advisory:

All statements included in this press release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur in the future are forward-looking statements. These statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections, and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not undertake to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events. QuantGate Systems Inc. does not undertake any obligation to update forward-looking statements and cautions investors to consider all other risks and uncertainties, including those disclosed in QuantGate filings with the United States Securities and Exchange Commission.