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BRIEF-Enablence Technologies Announces Senior Management And Board Changes And Receipt Of $4 Mln Purchase Order

Published 2019-02-06, 08:38 p/m
Updated 2019-02-06, 08:40 p/m
© Reuters. BRIEF-Enablence Technologies Announces Senior Management And Board Changes And Receipt Of $4 Mln Purchase Order

Feb 6 (Reuters) - Enablence Technologies Inc ENA.V :

* ENABLENCE TECHNOLOGIES ANNOUNCES SENIOR MANAGEMENT AND BOARD CHANGES AND RECEIPT OF US$4M PURCHASE ORDER

* SAYS STEVE WANG HAS BEEN APPOINTED AS CHIEF EXECUTIVE OFFICER OF COMPANY

* ENABLENCE TECHNOLOGIES- WANG REPLACES EVAN CHEN WHO HAS STEPPED DOWN AS CEO OF COMPANY. MR. CHEN WILL CONTINUE TO SERVE AS A DIRECTOR OF ENABLENCE

* SAYS CHEN WILL CONTINUE TO SERVE AS A DIRECTOR OF ENABLENCE.

* COMPANY ANNOUNCED THAT TODD ZHANG, CHIEF FINANCIAL OFFICER OF THE COMPANY, IS ALSO STEPPING DOWN

* ENABLENCE TECHNOLOGIES- GERALD LEAHY WILL ASSUME POSITION OF INTERIM CFO ALONG WITH HIS CURRENT DUTIES AS CORPORATE TREASURER

* GERALD LEAHY WILL ASSUME THE POSITION OF INTERIM CFO ALONG WITH HIS CURRENT DUTIES AS CORPORATE TREASURER

* SAYS DEREK H. BURNEY HAS BEEN APPOINTED CHAIRMAN OF BOARD OF DIRECTORS

* ENABLENCE TECHNOLOGIES - RECEIVED AN INITIAL PURCHASE ORDER, VALUED AT ABOUT $4 MILLION FOR MULTIPLEXER AND DEMULTIPLEXER CHIPSETS FROM A NEW CUSTOMER

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