CFO Appointment

RedFlow advises that it has appointed Mr Stuart Smith as Chief Financial Officer and Company Secretary effective 6 November 2012.

Mr Smith is a Chartered Accountant with over 20 years experience in senior operational and finance positions. He was recently the CEO of ASX listed Cellnet Group Ltd where he restructured the company, eliminated all external debt and restored the company to a profitable footing. Other previously held positions include CFO of AAPT Mobile (Cellular One). Stuart brings a significant amount of commercial experience to the Company and will work closely with the CEO, Mr Chris Winter, to implement the Company’s strategic plans.

Mr Paul Clarke has resigned as CFO and Company Secretary. Mr Clarke has made a significant contribution to the Company and the Board expresses its appreciation to him for his dedication and commitment during his time with RedFlow. This period included our first two post IPO reporting periods and two successful capital raisings. Mr Clarke will remain with the company until the end of November to ensure a smooth transition.

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