VICTORIA, British Columbia: Vecima Networks Inc. (“Vecima”) (TSX: VCM) reported today that due to the recent and ongoing strike by the Canadian Union of Postal Workers which commenced on November 15, 2024, the delivery of the annual or interim financial statements and annual or interim management’s discussion and analysis, as applicable, (the “Materials”) may be delayed. Given the disruption in postal service, the British Columbia Securities Commission has provided exemptive relief to reporting issuers such as Vecima who rely on regular postal service to meet their delivery obligations in respect of the Materials. Shareholders who request the Materials will be sent the Materials, within 10 days of the resumption of postal services.

The Materials are posted on SEDAR+ at www.sedarplus.ca and all shareholders can retrieve the Materials under Vecima’s profile. Shareholders can also contact Vecima, at invest@vecima.com to otherwise request a copy of the Materials.

About Vecima Networks

Vecima is leading the global evolution to the multi-gigabit, content-rich networks of the future. Our talented people deliver future-ready software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. We help our customers evolve their networks with cloud-based solutions that deliver ground-breaking speed, superior video quality, and exciting new services to their subscribers. There is power in connectivity – it enables people, businesses, and communities to grow and thrive. Learn more at www.vecima.com.

Forward Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words “believes”, “may”, “plans”, “will”, “anticipates”, “intends”, “could”, “estimates”, “expects”, “forecasts”, “projects” and similar expressions, and the negative of such expressions.

Forward-looking information in this news release includes, but is not limited to, any statements respecting: the mailing of the Materials and the resumption of postal services. The forward-looking statements are based on the current expectations of the management of Vecima and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated.

A more complete discussion of the risks and uncertainties facing Vecima is disclosed under the heading “Risk Factors” in Vecima’s Annual Information Form dated September 19, 2024, as well as Vecima’s continuous disclosure filings with Canadian securities regulatory authorities available at www.sedarplus.ca. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Vecima disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.

Fonte: Business Wire