Micro-X Ltd. announced that its founder and Managing Director, Peter Rowland, has transitioned the Company's leadership to Kingsley Hall who has been appointed Chief Executive Officer. Mr. Hall joined Micro-X in February 2020 as Chief Financial Officer and Company Secretary with overall responsibility for the Company's finances and to strengthen Micro-X's commercial leadership. Mr. Hall has been a key member of the leadership team driving financial strategy and capital markets activities as well as playing an integral role in the $15 million strategic partnership and funding agreement with Varex Imaging in late 2022.

Mr. Hall's appointment as Chief Executive Officer comes at a time when the Company has identified the need for a shift nof emphasis from technical to commercial leadership. Kingsley will work closely with two talented technical leaders, Anthony Skeats as Chief Operating Officer and Dr Brian Gonzales as CEO - Americas and Chief Scientific Officer. This leadership change comes at a critical time for Micro-X as it prepares for the final steps to commercially launch its first security product, the Argus IED X-ray camera.

Peter Rowland registered Micro-X as a company in Melbourne in September 2011 and has led its evolution since then to become a global leader in revolutionary x-ray imaging technology. The transition to new leadership for the next phase of commercial growth comes ahead of the launch of the Argus X-ray Camera, Micro-X's second disruptive x-ray product and as its pathway to market firms for the Airport Checkpoints and Stroke CT Imager businesses.