Toumaz Limited has appointed John Behrendt as interim Chief Financial Officer with immediate effect. He will not be joining the board. Patrick Stephansen has stepped down as CFO and has left the board.

The Group's search for a new CFO is underway. John has over 20 years' experience within the technology sector and was previously interim CEO and COO/CFO of Frontier Silicon Ltd. where he worked closely with Toumaz's CEO, Anthony Sethill, for more than six years.