Director Appointments & Resignation
Perth, Mar 24, 2016 AEST (ABN Newswire) - Raya Group Ltd (
ASX:RYG) (“Raya” or “the Company”) advise the appointment of Mr John Schultz and Christopher Wood as directors on completion of the Xped acquisition on the 23 March 2016 and the resignation of Brendan de Kauwe immediately after completion.
John Schultz is a serial entrepreneur founding and successfully growing several companies over the last two decades specialising in the design, manufacture and business development of electronics systems.
John has a wealth of experience running design and manufacturing businesses, managing staff and subcontractors and secured significant international business exporting vehicle immobilisers to Malaysia for aftermarket distribution and direct fit to Honda.
This contract saw a peak of 30 employees locally employed and managed at Technology Park. John’s involvement in this project will encompass system specification, design, product design and manufacture, resource management and developing initial commercialisation opportunities.
Christopher Wood has extensive experience in large telecommunications companies developing mission critical software applications. Chris has architected projects worth up to $200M and supported by a pool of 200 IT staff. Chris is a domain expert in the areas of GPS, inertial sensors and communications. Chris also possesses substantial technology development commercialisation experience. In 2003 Chris founded Neve Technologies Pty Ltd, a company which developed and commercialised an augmented GPS system for positioning vehicles in areas where GPS signals are severely degraded. In the commercialisation process Chris established a joint venture with the University of South Australia. Neve secured COMET funding, raised capital and successfully commercialised its technology internationally.
The directors thank Mr de Kauwe for his contribution to the Company and wish he well in his future business endeavours.
About XPED Ltd
XPED Ltd (ASX:XPE) is an Australian Internet of Things (“IoT”) technology business. Xped has developed revolutionary and patent-protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. Xped provides technology solutions for Smart Home, Smart Building, and Healthcare.
At Xped, we’re Making Technology Easy Again(TM)
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