News Item
MGM Wireless merger with Ezyimage Ltd. Completed.
ADELAIDE, October 10th, 2003 - MGM Wireless today announced it has completed the merger with publicly listed, three-dimensional imaging software company, Ezyimage Ltd. (ASX: EZI).
As per the terms of the agreement, existing Ezyimage Directors Mr. Phillip Jackson and Mr. Peter Ruttledge have both resigned, and Mr. Mark Fortunatow and Mr. Mark Hurd, Director and CTO of MGM Wireless Holdings Ltd. respectively, have been appointed to the Board of Directors.
Mr. Richard Sciano, the remaining existing Director of Ezyimage, has become a non-executive Director of the merged entity.
Mr. Mark Fortunatow has been elected Executive Chairman.
The company is now in the process of changing its name to MGM Wireless Ltd., which will take effect from the date of approval of the name change by the Australian Securities and Investments Commission.
The corporate head office of the company is also currently being relocated from Perth to Adelaide
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