CEO Appointment / Directorate Changes
04 Junio 2009 - 2:00AM
UK Regulatory
TIDMMVH
RNS Number : 3453T
Medic Vision Limited
04 June 2009
Medic Vision Limited
("Medic Vision" or the "Company")
CEO Appointment / Directorate Changes
Melbourne, 4 June 2009
Medic Vision (ASX/AIM: MVH) is pleased to announce the appointment of Vincenzo
("Vince") Leone as Chief Executive Officer ("CEO") and President of the Company
with immediate effect.
Ross Horley, previously Managing Director, will remain an Executive Director and
Frank Cannavo, previously an Executive Director, will become a Non-Executive
Director, also with immediate effect.
Mr Leone will be responsible for all operational activities of Medic Vision and
its subsidiaries (together referred to as the "Group"). His key focus will be to
deliver strong sales growth and to indentify cost saving synergies across the
Group. Mr Leone will report directly to the Board of Directors.
Mr Leone has 22 years business experience in a range of senior management
positions covering sales, marketing and operations with a particular focus in
professional services, training, information technology and telecommunications.
Mr Leone's experience and background compliments the achievements of Ross Horley
in establishing the Company, developing leading medical simulator technology and
establishing relationships with key medical organisations and hospital groups
around the world.
Mr Leone, whose recent appointment as an Executive Director was announced on 20
May 2009, joins the Company at a critical time, as it repositions itself for
growth against a backdrop of a global economic crisis. Notwithstanding this
continuing global economic crisis, the Group sees strong demand for its world
class medical simulation systems and skill centres, which is driven by increased
spending in the health sector globally and higher professional and consumer
expectations of healthcare services and procedures.
Ratnarajah ("Thamby") Navaratnam, Chairman of Medic Vision, commented:
"We are very pleased to have someone of Vince's ability and professionalism
appointed to this position within the Company. He has delivered outstanding
results for a number of Australian and international organisations, and I am
sure he will continue this success in his new role with Medic Vision as we have
re-structured the Group with Vince's appointment as CEO in order to improve the
Group's sales, marketing and other commercial matters. We strongly believe that
Vince's business skills complement Ross Horley's core competencies in the design
and development of medical skill centres and this will allow Ross to focus on
delivering the Company's strategy of establishing and managing medical skill
centres in India, the UK, China and elsewhere around the world. The Board
believes that Vince and Ross represent a formidable business partnership
designed to deliver enhanced shareholder value for the Group."
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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