Sanwire Corp. announced the appointment of Naiel Kanno as its President and CEO. The appointment comes on the heel of the Company's recent restructuring to pursue a broader business plan and industry market.

Mr. Kanno replaces Mr. Carman Parente who has been appointed Sanwire's new Chairman of the Board. Mr. Kanno will also hold a seat with the Board of Directors. Kanno has over 22 years of experience in successfully developing and guiding technology companies.

Kanno brings skills in management, marketing, engineering, and enterprise application sales with a focus in the telecommunications and wireless sectors.