Amaero International Ltd. announced that it will appoint Mr. Hank Holland to the Company's Board of Directors. Mr. Holland is currently Managing Partner at Pegasus Growth Capital (Pegasus). The Pegasus Growth Capital Fund I was one of the leading US institutional investors in Amaero's recent AUD 11.0 million (USD 7.6 million) capital raise. Mr. Holland will fill a casual vacancy on the Board until formal approval at Amaero's Annual General Meeting. Mr. Holland has 35 years of investment, finance and capital markets experience. Prior to founding
Pegasus, he was Managing Director and Portfolio Manager at First Republic Bank. Prior to this Hank was a Managing Director in Merrill Lynch's Private Bank and Investment Group in San Francisco, and previous to these roles he worked at Bernstein Global Wealth Management for 11 years as a Principal and served as National Director of Investment Planning.