News: LVH Livehire Ltd Says Board And CEO Undertake Strategic Review

Dec 20 (Reuters) - LiveHire Ltd (LVH) :

• LIVEHIRE BOARD AND CEO UNDERTAKE STRATEGIC REVIEW
• LAUNCHED A TARGETED STRATEGIC REVIEW AFTER RECENTLY ANNOUNCED MAJOR PARTNERSHIP WITH TAPFIN & OTHER TOP STRATEGIC PARTNERS IN NORTH AMERICA
• STRATEGIC REVIEW WILL BE COMPLETED BY END OF Q1 CALENDAR YEAR 2023
• REVIEW EXPECTED TO FURTHER REFINE LIVEHIRE'S STRATEGIC AND COMPETITIVE POSITIONING
• REVIEW WILL ALSO INCLUDE CONSIDERATION OF LIVEHIRE'S TECHNOLOGY ARCHITECTURE FOR ALIGNMENT WITH CO'S STRATEGIC PRIORITIES
• AIM OF REVIEW TO OPTIMISE USE OF SHAREHOLDER FUNDS TO CREATE VALUE AND SHORTEST PATH TO CASHFLOW BREAK-EVEN
• REVIEW WILL GIVE CONSIDERATION TO ACCELERATING NORTH AMERICAN DIRECT SOURCING MARKET SHARE, AMONG OTHERS
• REVIEW WILL GIVE CONSIDERATION TO CONCENTRATING SALES EFFORTS IN NORTH AMERICA WITH IDEAL PARTNER PROFILES, AMONG OTHERS