Global Strategy and Go-To-Market Execution Leader to Support Skkynet’s Next Phase of Growth.
MISSISSAUGA, ON - December 16, 2025 (NEWMEDIAWIRE) - Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY), a global leader in real-time data communication technology for industrial systems, today announced the appointment of Shaunna Balady to its Advisory Board. Balady, a Managing Partner at Paragon Software Advisors, brings over two decades of executive leadership in mergers and acquisitions, strategic planning, and customer-focused growth within the software and industrial automation sectors.
Balady joins the Skkynet Advisory Board at a pivotal time as the Company accelerates its expansion into the Industry 4.0 and Industrial AI markets. Her extensive background includes senior leadership roles at major industrial technology firms such as GE, Rockwell Automation, and AVEVA, where she drove global business development and executed complex strategic transactions. Known for her ability to align strategy, operations, and market execution, she is highly regarded as a builder of cohesive, growth-driven organizations.
“We are delighted to welcome Shaunna Balady to our Advisory Board,” said Gary Tillery, CEO of Skkynet. “Shaunna’s track record of generating value through strategic M&A and her deep understanding of the SaaS and industrial software landscape will be invaluable as we scale our operations. Her experience in guiding high-growth technology companies aligns perfectly with Skkynet’s mission to become the standard for secure, real-time industrial data connectivity.”
Throughout her career, Balady has completed over 100 transactions totalling more than $20 billion in enterprise value across five continents. As a former Chief Operating Officer of an industrial application software company, she also brings significant operational expertise, having successfully led that company to a profitable exit. At Paragon Software Advisors, she currently advises software and high-tech business owners on sell-side and buy-side strategies.
“I’m excited to support Skkynet as it accelerates innovation and market growth. Skkynet is uniquely positioned to solve one of the most critical challenges in the industrial sector: securely connecting real-time data to the cloud and AI systems,” said Balady. “I have watched the company’s technology gain traction among major global players, and I look forward to working with Gary and the leadership team to refine our strategic roadmap and unlock new growth opportunities.”
Balady’s appointment follows a series of strategic leadership enhancements at Skkynet, including the recent appointment of Gary Tillery as CEO and Lee Tedstone to the Board of Directors, signalling a robust commitment to capturing market share in the rapidly evolving industrial data sector.
About Skkynet
Skkynet Cloud Systems, Inc. is a global leader in industrial software, providing secure, real-time data connectivity and edge processing for industrial systems. Skkynet’s technologies bridge plant systems, cloud platforms, and AI to enable safe, intelligent, and resilient operations across all industrial verticals. Skkynet’s solutions empower organizations to optimize operations, enhance efficiency, and drive innovation by connecting, monitoring, and controlling their systems in real time while maintaining robust security and data privacy standards.
For more information, visit skkynet.com.
About Shaunna Balady
Shaunna Balady is a recognized M&A executive and Managing Partner at Paragon Software Advisors. She has served in multiple senior leadership positions, including Chief Operating Officer and SVP of Strategy and M&A, for global public and private companies. Her career includes tenure at industry giants such as AVEVA, Rockwell Automation, and GE. She is an active board member, mentor to start-ups, and a dedicated philanthropist supporting the special needs and veteran communities.
Forward-Looking Statements
This news release contains forward-looking statements, including expectations regarding future financial performance, subscription growth, product launches, and overall business performance and outlook. These statements are based on current assumptions and involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied. Skkynet undertakes no obligation to update these forward-looking statements except as required by law. Investors should refer to the risk factors disclosure outlined in Skkynet’s most recent report on Forms 10-K, 10-Q and other periodic reports filed with the U.S. Securities and Exchange Commission.
Contact
Skkynet Cloud Systems, Inc.
Paul E. Thomas, President
Tel: (888) 702-7851
Web: https://skkynet.com
Email: ir@skkynet.com
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