Stockholm IT Ventures AB announced at the company's EGM the appointment of Roger Tamraz as Chairman, and Marc d'Hombre, Eduard Will, Matthew Steckel and Nicolai Paskalev as Directors. The positional predecessors, Wayne Lochner, will continue to play a key role in the senior management of the company, and Joao Saldanha, and Alberto Cuellar, will stay on as members of the advisory board. Mr. Tamraz is a renowned successful investment banker and venture capital investor. Mr. d'Hombre is a financial consultant with Satellite Logistics. Mr. Steckel is an international investor and experienced corporate manager in upstream and downstream oil and gas, banking and finance, and computerized design and engineering for the oil and gas industry. He served as Chairman of the Board of Directors of a Swiss Bank operating in Geneva and Lugano. Mr. Will is a merchant banker specializing in mergers and acquisitions and direct investments. He currently serves on the board of directors or as a senior advisor for numerous firms including Emerson Radio, South East Group in Hong Kong, Crimson Ant General Partner Limited and Lafe Corporation Limited. Mr. Paskalev is a financial advisor with Advoconsult Financial and Advisory Services specializing in debt management, financing and long term investment strategies.