MagIndustries Corp. reported that Longbo Chen, formerly Chief Executive Officer, has left the company to pursue other interests. The Board of Directors of the company has resolved to make the following appointments, effective September 1, 2015: Chief Executive Officer: Simon Liang; Chief Operating Officer: Richey Morrow.

Mr. Morrow was previously the Co-Chief Executive Officer of the Company - the Co-CEO position has been eliminated.