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CustomVis
- BY: Andrew Hore |
- POSTED: 02/07/2010 |
Bob Morton has become chairman of laser eye surgery equipment developer CustomVis, which has bought back the assets of its Australian subsidiary CLVR from administrators.
Hawk Investment Holdings, which is owned by Morton, owns 23.8% of CustomVis and is lending the company £303,000 for one year at an interest rate of 10%.
CustomVis has spent A$246,000 on buying back the assets of CLVR.
Morton has appointed former Clarity Commerce Solutions chairman John O’Hara as chief executive. Jacqueline Edwards has become a non-executive director.
The new management team will relaunch the company’s products.
Dr Paul van Saarloos becomes chief scientist and steps down from the board. He will continue to be involved in product development. Simon Carroll and Emanuel Rosen have also left the board.
The shares were suspended on 19 April at 0.93p each, which valued CustomVis at £1.79m.
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