On the recommendation of the Nominating Committee of the Lafe Corporation Ltd. the Board has appointed Mr. Eduard Will as Independent Non-Executive Director of the company. Mr. Eduard Will served as CEO Boca Research from 1999 to 2004. Present Director, President & Vice Chairman, Emerson Radio Corp. 2007 - Present Vice Chairman, Ricco Capital (Holdings) Ltd. 2008 - Present Director, South East Group Ltd, Hong Kong.