Spectra7 Microsystems Inc. announced that Ronald Pasek has been elected as an independent member of the Board of Directors at the annual and special meeting of shareholders of the Company held on June 18, 2015. Mr. Pasek is the Senior Vice President of Finance and Chief Financial Officer of Altera Corporation. He has held this position since joining Altera in December 2009.

Prior to his employment with Altera, Mr. Pasek held a variety of positions in finance at Sun Microsystems over a period of 19 years including Vice President of Worldwide Field Finance, Worldwide Manufacturing and U.S. Field Finance and, most recently, Vice President and Corporate Treasurer. Mr. Pasek's election is subject to the final approval of the TSX Venture Exchange.