Resignation of Chairman
Melbourne, April 11, 2022 AEST (ABN Newswire) - Crowd Media Holdings Limited (
ASX:CM8) (CM3:FRA) advises that Steven Schapera has tendered his resignation as Chairman and a director of the Board effective 30 June 2022. A new Chairman will be appointed in due course.
Steven Schapera said "Crowd Media is in a great position to move on to the next level, as it drives its Talking Head AI-driven conversational commerce platform to commercialisation. The underlying EBITDA for the Company is profitable, all borrowings have been extinguished from the Balance Sheet and the first license agreement for our Talking Head has been executed. Operationally the company is led by an exceptionally savvy CEO, Idan Schmorak, and strategically it is led by an experienced board with a rare mix of skillsets. This is indeed an exciting inflection point for the company, but it's time for me to hand over the baton and focus on my other ventures."
About Unith Ltd
Unith Ltd (ASX:UNT) is a leading digital human brand. It unifies the research and development of facial movement deep learning, audio machine learning, and conversational design (NLP) to generate the first customizable, interactive avatar of its kind.
Businesses can create their own digital humans to immerse, assist, and educate customers in real time and in multiple languages, all through one full stack platform. For further information, please visit: unith.ai
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