My Net Fone Limited announced that following on the successful acquisition of the Symbio group of companies, Mr. Andy Fung co-founder of the company resigned from the position of Managing Directors and will take on the role of non-executive director on the My Net Fone Board. Mr. Rene Sugo, a co-founder and director of the company will take on the new role of Chief Executive Officer of the newly merged group of companies. Mr. Fung continue as an advisor and consultant to the company.