IRYStec Announces Departure of CEO Simon Morris and Appointment of Dr. Rouzbeh Yassini-Fard as Acting CEO

IRYStec Software Inc., a leader in perceptual display processing technology, announces that Simon Morris has resigned from his role as CEO for personal reasons, effective July 30th 2019. The IRYStec board of directors has appointed Dr. Rouzbeh Yassini-Fard, Chairman of the board as acting CEO.

IRYStec is leading the introduction of a new class of image processing technology. IRYStec's multi-disciplinary team of researchers and engineers have developed the world's first lightweight software based intelligent content rendering engine. This innovative technology addresses some of the most challenging automotive display issues with the ability to positively impact the lives of millions of people.

"It has been my great pleasure to be IRYStec's CEO. We reached many notable milestones and built a first-class software development team in Montreal", said Simon Morris.

"We support his decision to retire for personal reasons, we thank Simon Morris for his contribution and dedication to IRYStec and we wish him the best", said Dr. Yassini-Fard, IRYStec Software, Chairman of the board and acting CEO. "IRYStec has a solid foundation with a strategic focus on the automotive industry and the board and I are committed to ensuring execution and continuity during this transition", he added.

Dr. Yassini-Fard has been IRYStec Chairman of the Board since January 2019. He is a serial entrepreneur, innovator, philanthropist, and author known as the Father of Cable Modem. Dr. Yassini-Fard holds an Honorary Ph.D. from West Virginia University and Merrimack College; as well as an equivalent MBA from General Electric's Financial Management Program. Dr. Yassini-Fard is a member of the Lane Department Academy and West Virginia University Academy of Distinguished Alumni.