Directorate Change
03 8월 2009 - 3:02PM
UK Regulatory
TIDMMVH
RNS Number : 7207W
Medic Vision Limited
03 August 2009
Medic Vision Limited
("Medic Vision" or the "Company")
Directorate Change / Update re the Company's Chennai training centre
Melbourne, 3 August 2009
Medic Vision (ASX/AIM: MVH) is pleased to announce that Frank Cannavo will be
acting as Interim Chairman of Medic Vision, with immediate effect, as a result
of the resignation of Ratnarajah ("Thamby") Navaratnam, who is leaving to pursue
other business interests.
The Board of Directors would like to thank Thamby for his commitment and
contribution to the development of Medic Vision's businesses during his time as
Chairman and wishes him all the best in his future endeavours.
Mr Cannavo, who joined the Board on 5 April 2007 has been instrumental in
assisting the Company secure additional capital, and will now lead the
initiative to recruit the Company's new Chairman, whilst continuing to support
the Company in its discussions with the ASX and its auditors regarding Medic
Vision's reinstatement to ASX listing.
A further announcement will be made when an appropriate candidate for Chairman
is identified.
The Company's new management team has now taken over negotiations with Apollo
Hospital Enterprise Limited ("Apollo Hospital"), regarding the development and
opening of the medical and surgical training centre in Chennai (the "Chennai
Centre") and other potential projects. Part of the negotiations will involve the
finalisation of the commercial arrangements and the re-setting of the project
timelines, due to the unforeseen delays experienced due to the bad weather
conditions in Chennai during the development of the site for the first training
centre. A further announcement in relation to completion of the Chennai Centre
will be made in due course.
For further information contact:
+--------------------------------------+---------------------------------------+
| Vince Leone | Email: vince.leone@medicvision.com.au |
| Chief Executive Officer & President | Mob: +61 421 054 140 |
| Medic Vision | |
| | |
+--------------------------------------+---------------------------------------+
| Stuart Faulkner / David Altberg | Tel: +44 20 7409 3494 |
| Strand Partners Limited | |
| | |
+--------------------------------------+---------------------------------------+
| Ruari McGirr | Tel: +44 20 7628 5582 |
| St Helen's Capital Plc | |
+--------------------------------------+---------------------------------------+
Background on Medic Vision Limited
Medic Vision is a technology based company specialising in the application of
technology for surgical and medical skills training. Medic Vision provides
consulting services in the development of skills training centres as well as
developing and deploying computer-based surgical and medical high fidelity
simulators.
See www.medicvision.com.au for more details
This information is provided by RNS
The company news service from the London Stock Exchange
END
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