Clone Algo Inc. Board of Directors announced today that they have promoted Yana Slatina as the CEO

By: Clone Algo Inc
LAS VEGAS - June 5, 2016 - PRLog -- Nevada, U.S.A - Clone Algo Inc. today announced that its Board of Directors has appointed Yana Slatina as Chief Executive Officer and member of the Board of Directors effective immediately. Slatina previously held the position of Executive Vice President of Clone Algo Inc. mobile Enterprise group.

"During this time of transformation, there is no better person to lead Clone Algo Inc. than Yana Slatina," said Niraj Goel, Clone Algo Inc's Founder and Executive Chairman. "Slatina is a proven leader with hard-core business skills, business vision and the ability to bring people together. Her vision for how Algorithmic technology and Artificial intelligence will be used and experienced around the world is exactly what Clone Algo Inc. needs as the company enters its next chapter of expanded product innovation and growth."

Since joining the group in 2008, Slatina has spearheaded major strategy and technical shifts across the company's portfolio of products and services, most notably the company's move to the cloud. During his tenure overseeing Clone Algo Inc's mobile App Business, the division outperformed the market and took share from competitors.

"Clone Algo Inc. is one of those rare companies to have truly revolutionized the world through technology, and I couldn't be more honoured to have been chosen to lead the company," Slatina said. "The opportunity ahead for Clone Algo Inc. is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly."

Clone Algo Inc. also announced that Ashish Garg, has been appointed as an independent director for the Board of Directors. "Slatina's clearly the best person to lead Clone Algo Inc. and she has the unanimous support of our Board," Ashish said. "The Board took the thoughtful approach that our shareholders, customers, partners and employees expected and deserved."

About Clone Algo Inc.

Clone Algo is a technology and innovation driven company which researches timing sciences, develops algorithms and risk management systems based on artificial intelligence, as well as industry specific eco-systems for the second generation of Social Media. The Company operates solely on a Transaction Based Revenue Model, compared to the traditional Advertising Based Revenue Model, by fulfilling human and/or industry needs in five specific areas:

1.    Attaining financial independence with easy-to-use, low-risk family of Clone Algo Apps

2.    Ensuring sustainable, progressive and positive growth for financial service industry by creating lifelong clients via insurance on algorithms in trading accounts

3.    Educating consumers on these ecosystems via the company media channels such as Algo TV, Algo Magazines and Algo Newsletter.

For more information, please visit the company's website:

Forward-looking Statements

This press release contains "forward-looking statements" within the meaning of applicable U.S.A securities legislation. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of Clone Algo's operating environment.

These forward-looking statements may include statements with respect to the future financial or operating performance of the Company and its subsidiaries, the perceived merit of its Intellectual Properties, capital expenditures, operating costs, cash flow estimates, and similar statements relating to the economic viability of the Company. Forward-looking statements are based upon certain assumptions and other important factors regarding present and future business strategies and the environment in which the Company will operate in the future, which could prove to be significantly incorrect.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategy", "goals", "objectives", "potential", "possible" or variations thereof or stating that certain actions, events, conditions or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of fact and may be forward-looking statements.

Forward-looking information contained herein is made as of the date of this press release. There can be no assurance that forward-looking information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. Accordingly, for the reasons set forth above, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

Contact Information

Clone Algo Inc.

Investor Relations Department

Yana Slatina
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Tags:Finance, Technology, Banking
Location:Las Vegas - Nevada - United States
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