LITE ACCESS TECHNOLOGIES INC. announced that Mr. Peter Caplan has resigned as a director of the Company due to health reasons, and that Mr. Daniel (Dan) Nanson has been appointed to the board of directors, subject to the customary approval from the TSX Venture Exchange. Dan is an experienced financial professional, a former Head of Portfolio Management at MUFG Bank Canada where he oversaw over $16 billion in commitments, and currently leads the Cliveden Advisory Group Ltd. He presently serves on the board of NameSilo Technologies Corp.