Tevano Systems Holdings Inc. announced the resignation of Mohammed Al-Mofty as Chief Technology Officer (CTO) of the Company. The resignation is received last week and effective immediately. Management of the Company has been actively engaged in identifying and evaluating alternatives with respect to the appointment of a new or temporary CTO and expects to make an announcement shortly.

In the interim, management of the Company will take over the roles vacated by Messrs. Al-Mofty.