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WPF Holdings Appoints New CEO

MELBOURNE, FL - (NewMediaWire) - May 17, 2024 - WPF Holdings, Inc. (OTC PINK: WPFH) today announced the appointment of Angel Orrantia as President and Chief Executive Officer and as a member of the Board of Directors, effective immediately. Mr. Orrantia will assume the responsibility to guide WPFH as it navigates its way to uplist to the Nasdaq or the NYSE. Mr. Orrantia brings a wealth of technology development and management experience, public company experience and technology industry background to his new role with WPFH, a public technology company.

Reflecting on his new role at WPF Holdings, Orrantia says, "I am incredibly excited about this opportunity of a lifetime. My past experiences and leadership roles have equipped me with a unique perspective on innovation and strategic growth, which I am eager to apply at WPFH and Vezbi. I am committed to leveraging my extensive experience with public company executive management and technology development to guide WPFH and its divisions to their fullest potential, redefining what is possible in the digital space."

Mr. Orrantia is principal of i2i Corporate Strategies, LLC a fundraising, M&A, and IPO consultancy. He also is the CEO of Four Leaf Acquisition Corporation, a special purpose acquisition company (SPAC). Mr. Orrantia also has served as the founder and General Partner of Vonzos Partners, a venture capital firm providing strategic business growth and coaching, and as a Senior Director at SK Telecom Americas, a venture capital firm working with emerging technologies. 

Mr. Orrantia’s experience also includes chip design at Intel in the Graduate Rotation Program; leading teams developing implanted medical devices for Medtronic, building a broadband division for Philips Semiconductor; negotiating numerous acquisitions for Cisco while at Fenwick and West. developing a materials division for Applied Materials; organizing and formalizing the Alliance Management Office for Applied Materials; founding and building a core technology accelerator for SK Telecom; and launching a $100 million VC fund focused on stressed and de-stressed startups in the medical device industry.  He earned a BS in Electrical Engineering from Stanford University, an MBA from Arizona State University and a JD from the University of Notre Dame.

About Vezbi

Vezbi is a wholly owned subsidiary of WPFH and was acquired early in 2023. Vezbi is a community-driven Super App designed to organize and consolidate all facets of life in one centralized application. What makes Vezbi so unique is its commitment to no bossy algorithms telling you what to look at, no anonymity, and no data selling. As accountability is the emphasis of the App, Vezbi believes that it is the first true Super App in the United States and will become a platform which will minimize fake reviews, fake news and online bullying.

Safe Harbor Statement

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition pricing, government regulation, and other risks described in statements filed from time to time with the  Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

CONTACT

Vezbi, Inc

Investor Relations Contact

investors@vezbi.com