Izotropic Corporation at its board meeting held on December 29, 2022 approved Effective December 31, 2022, Chief Financial Officer Ms. Jody Bellefleur, left the company to pursue other business opportunities and Izotropic thanks her for her service. Director Mr. Ralph Proceviat, CPA, has been appointed as interim Chief Financial Officer, effective January 1, 2023. Mr. Proceviat has served in a supporting role for the Company's financial filings since joining the board in the fall of 2019.

He has served on the audit committee and has completed financial modeling and projections for the Company's operational plan. Mr. Proceviat has over 35 years of experience in business, finance, markets, and operations spanning several industries operating in Canada, Europe, and the United States. He is a member of the Chartered Professional Accountants of BC and holds a Bachelor of Commerce Degree in Management Information Systems from the University of British Columbia.