Telesso Technologies Limited (Telesso) (ASX:TEO) announced today 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