Enablence Technologies Inc. announced changes to the composition of its executive management team with changes to its CEO and CFO, changes to its Board of Directors following its Annual and Special Meeting of Shareholders. Steve Wang has been appointed as Chief Executive Officer of the Company, effective immediately. Mr. Wang replaces Evan Chen who has stepped down as CEO of the Company.

Mr. Chen will continue to serve as a Director of Enablence. Mr. Wang is a seasoned technology executive with over 25 years of industry experience. Mr. Wang has held senior management positions at Alien Technology, Checkpoint System Inc. and Finisar.

Mr. Wang holds 70 Patents. In addition, the Company announced that Todd Zhang, Chief Financial Officer of the Company, is also stepping down. Gerald Leahy will assume the position of Interim CFO along with his current duties as Corporate Treasurer, a position Mr. Leahy has held at the Company since 2012.

At the Annual and Special Meeting of Shareholders held on February 5, 2019, Derek H. Burney, Louis De Jong, Dan Shmitt, Evan Chen and Yongxing Zhu were elected directors of the Company. Additionally, Derek H. Burney has been appointed Chairman of the Board of Directors.