Enablence Technologies Inc. (Enablence or the Company) announced changes to its management team. Steve Wang has decided to move on from Enablence to take a role at a company outside the optical industry. Mr. Wang was hired with a mandate to focus the Company's strategy on its industry leading optical chip design for data center and 5G telecommunications markets. Scott Larin, Chief Financial Officer, and Ashok Balakrishnan, co-founder and Vice-President, Engineering, will assume the roles of co-Chief Executive Officers of Enablence, subject to TSX Venture Exchange approval. Mr. Larin will also retain the role of Chief Financial Officer and Mr. Balakrishnan will also be promoted to Chief Technology Officer. The Company and the Board of Directors are pleased to have Mr. Larin and Mr. Balakrishnan jointly guide the Company into a new phase of growth.