VANCOUVER, British Columbia, March 27, 2018 (GLOBE NEWSWIRE) -- Quadron Cannatech Corporation (the “Company” or “Quadron”) – (CSE:QCC) is pleased to announce the appointment of Shane Lander as President of Soma Labs Scientific Inc., a subsidiary of Quadron, and Kieran Forristal as Vice President Finance of Quadron.



Shane Lander has over 30 years of business experience as an innovator and successful entrepreneur and was the driving force behind the conceptualization, design and build of the BOSS CO2 Extraction System (the “BOSS”). Mr. Lander is the CEO of Odorchem Manufacturing Corp., a manufacturer and distributor of ‘ONA’, the largest known odor abatement product specifically formulated for cannabis for 22 years. Mr. Lander has 15 years experience working with supercritical CO2 and 25 years experience in mechanical design and systems automation. He is also a co-founder & principal shareholder of Regenerex Health Corp. – which is completing its R&D process for the rapid growth & harvest of the microalgae Astaxanthin.

“With a wealth of experience in designing, building and executing on efficient extraction systems in the odor abatement or algae space, Shane has proven himself over and over to be an innovator, creating engineering, energy and resource efficiencies that will take our technologies to the next level,” states Rosy Mondin, CEO of Quadron.

Kieran Forristal, previously President of Soma Labs Scientific Inc. and Greenmantle Products Ltd. is moving to Vice President Finance of Quadron. Mr. Forristal has over 20 years capital market experience in Asia - working on the capital market trading floors in top ten international Investment banks. At BNP Paribas, Bank of America and Union Bank of Switzerland he rose to titles of Executive Director and Senior Vice President of Operations where he focused on complex & structured derivative process control, management, efficient operational growth & regulatory governance.

“Kieran’s proven experience in finance, operational integration and corporate management is well-suited for our needs as we move into this next phase of global expansion. As Vice President Finance, Kieran will be involved in directing operations related to global manufacturing controllership, shared services transaction processing, and corporate accounting,” stated Rosy Mondin.

About Quadron: Quadron focuses on ancillary equipment, products and services for the authorized cannabis industry by providing a full array of end-to-end extraction and processing solutions including sales of end user delivery options (such as vapor pens) for recreational and medical consumers.

For more information, visit: www.quadroncannatech.com

On behalf of the Board of Directors of

QUADRON CANNATECH CORPORATION

Rosy Mondin

President and CEO

rosy@quadroncannatech.com

Investor Relations Contact:

KIN Communications Inc.

Caleb Jeffries, VP, Investor Relations

1-866-684-6730

QCC@kincommunications.com

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, including with respect to the scheduled closing date of the Offering and the intended use of the proceeds of the Offering, which are not historical in nature are intended to be, and are hereby identified as “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.