North American Advisors Appointed
Perth, Jan 18, 2016 AEST (ABN Newswire) - Raya Group Limited (
ASX:RYG) (the "Company"), is pleased to announce the appointment of EAS Advisors, LLC ("EAS") as North American corporate advisors to the Company.
EAS is a New York based investment advisory firm founded in 2008, with a strong and successful track record in exposing ASX listed companies to US investors and industry partners.
Commenting on their appointment, EAS founder and principal Edward Sugar said: "With the upcoming proposed reverse takeover of Xped Corporation Pty Ltd ("XPED"), EAS is engaging with Raya at an exciting time. XPED is well positioned in the Internet of Things market to benefit from a combination of their existing developed technologies, IP protection and the ability to grow the business from the funds that the upcoming reverse takeover will bring. We look forward to assisting the Company with their growth in the months and years to come."
Raya Group's Executive Chairman Athan Lekkas commented:
"We have partnered with EAS to assist Raya in the facilitation of further investment as well as via the exposure to key industry partners to accelerate future growth opportunities within the US. EAS has a strong track record in assisting companies attract capital and with the development of expansion strategies in both Australia and US."
About EAS
EAS Advisors, LLC is a private, New York-based boutique investment advisory firm providing a unique service to small and mid-cap companies operating in selected industry sectors. The foundation of EAS's business is built on industry knowledge, capital markets insights and access to a deep pool of traditional and alternative sources of capital. In addition to exposure to US investors, EAS provides public and private companies with access to local industry contacts to enhance their growth and expansion. All securities in the United States are offered by EAS through Merriman Capital Inc., a member of FINRA/SIPC.
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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