Qanda Technology Limited announced that Mr. Nathan Gyaneshwar, being an executive director of the company, who retired by rotation in accordance with Clause 13.2 of the Company's Constitution, has not offered himself for re-election at the annual general meeting held on November 28, 2014 and therefore ceases to be a director of the company. Mr. Gyaneshwar remains as chief executive officer of the Marketboomer business unit.