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Technology and data sciences company Adisyn Ltd (ASX: AI1) has appointed Harry Karelis as a strategic advisor to the company and undertaken a capital raise.

Mr Karelis will have a focus on identifying and securing strategic partnerships, assisting with investor relations and general business development activities. This lays the foundation for the identification of new opportunities for the company that have the potential for strong revenue growth over coming years.

Mr Karelis holds tertiary qualifications in science, business and cyber security including a Master of Cyber Security Operations degree from the University of New South Wales/Australian Defence Force Academy.

In addition, he is a Fellow of the Financial Services Institute of Australia, a Fellow of the Australian Institute of Company Directors and has qualified as a Chartered Financial Analyst (CFA) from the CFA Institute in the United States.

He has over 30 years’ experience in the capital markets with roles in financial analysis, funds management and private equity investing both in Australia and overseas. He has also been an angel investor in a number of start-up companies in Australia and overseas and has experience in listed markets including the ASX.

“We are pleased to appoint Harry as a Strategic Advisor to the company. Over the past 12 months we have focused on completely restructuring the operations of Adisyn, and I am excited to welcome Harry to be a part of our next stage,” Adisyn’s Managing Director, Blake Burton, said.

“He brings with him a wealth of experience in the early stage technology space as well as an extensive network in the cyber security and national intelligence sectors, all of which are expected to enjoy significant growth in coming years.”

Share Placement

In conjunction with the appointment of Harry Karelis as Strategic Advisor, the company has received binding commitments to successfully raise $298,000 through a company led placement.

Funds will be used primarily to expand the company’s business development in existing and new areas within the business, along with general working capital.

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