BOARD ANNOUNCEMENT: Executive Director APPOINTMENT

We are pleased to inform that Mr Manuel Manonelles Chairman of the Board of Devnet International has been appointed by the Board to assume the functions of Executive Director as of 15th November 2012. The appointment of Mr Manonelles as Executive Director follows the Board's acceptance of the resignation of Mr Phil Harris for personal reasons. The Board takes this opportunity to express its thanks for the service rendered by Phil Harris during his tenure as ED.