Sydney, Australia
Telesso Technologies Limited (Telesso) (ASX:TEO) announced the appointment of Dr. Peter Farrell to the Board of Directors. Dr. Farrell was appointed to fill an independent Board vacancy. The appointment is effective May 1, 2008.
In making the announcement Telesso's Chairman, Michael Hoy, commented, "We are very pleased that Dr. Farrell has joined us as a Director. His vast knowledge and extensive experience in the global medical device industry will further strengthen Telesso's Board." Telesso CEO, Nelson K. Stacks stated, "Dr. Farrell's success in both Australian and American markets will prove to be extremely useful in the next phase of Telesso's growth strategy."
Dr. Farrell is currently Executive Chairman of the Board of Resmed, Inc., a publicly traded U.S. and Australian company and is a leading manufacturer of medical equipment for the treatment and management of sleep-disordered breathing and other respiratory disorders. Dr. Farrell stated, "I am confident in the quality and strategic insight of the Telesso's management and their ability to execute."
For more information please visit our web site at www.telesso.com.
CONTACT:
Ian Atkin, Chief Financial Officer, Australia +61 2 9805 0022, or Jeff Riley, President, USA, +1.619.309.7661, both of Telesso Technologies.
Web site: http://www.telesso.com
Source: Business Wire (Business Wire India)