The Board of Directors of Spectra7 Microsystems Inc. announced with great sadness, the sudden death of its President and Chief Executive Officer, Tony Stelliga. Dave Mier, Chief Financial Officer, and Cynthia Cole, Vice President, General Counsel and Corporate Development, have been jointly appointed by the Board on an interim basis to lead the company's management team overseeing daily operations and corporate strategy. Mr. Mier and Ms. Cole will act in such capacity until the Board identifies an appropriate candidate for the position of President and Chief Executive Officer.