Saturday, 27 April 2024

Announcement

S/HOLDER: BLT: Blis Technologies Limited- Shareholder Update

16 Jun 2016 12:02NZX
A Letter From The Chairman

To all Blis Technologies shareholders I extend a warm and sincere greeting
from the Board of Directors.

This update is to give you a flavour of the work going on at Blis and the
progress being made. In a company like this
there will always be more to do and improvements to be made but it is
important to stop every now and then and
acknowledge that positive things are happening and that the hard work is
delivering results.

We are fortunate to have an experienced shareholder base that understands the
development process a company like
Blis must go through to establish a solid base. Like all companies, we have
had some mis-steps along the way, but we
have learned from them and they have strengthened the company.

Our new CEO, Brian Watson, has brought energy and a new focus to the company
with his experience in establishing
and managing global brands. The Board is very pleased that recently Brian
became a shareholder of Blis Technologies,
the details of which are set out in the notification of this transaction
enclosed.

The company has put a two-step process in place. The first is to strengthen
up key areas of the business including the
supply chain, quality management, marketing and sales capability, research
and development and communications to
ensure a resilient business set up for future growth. The focus for the
second step is on strong profitable growth but
only when the base is strong enough to sustain it.

I trust that you will find this update informative and useful and I hope to
see many of you at the AGM July 29th.

Kind regards

Peter Fennessy
Chairman
End CA:00284158 For:BLT    Type:S/HOLDER   Time:2016-06-16 12:02:44
Views: 205
BLIS Technology Ordinary Shares
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