Cognition Holdings Limited announced that board of directors notifies its shareholders that Mr. Mark Smith has stepped down as chief executive officer ("CEO") of Cognition Holdings Limited with immediate effect. Mark presently remains as a non-executive director of the Company. Mr. Robert Fedder, is not currently appointed to the board but will be appointed as acting CEO of the Company with immediate effect for an initial period of three months. He is Management Turnaround Specialist and was Managing Director of Tidy Files and Cleardata, a part of Metrofile Holdings.