On August 20, 2014, ADB International Group, Inc.'s Board of Directors accepted the resignation of Yoseph Zekri as secretary and a director of the company. Mr. Zekri resigned in order to pursue other business opportunities and had no disagreements with the company's operations, policies or practices. On August 21, 2014, the company appointed Dr. Michael Sessler as a director, to fill the vacancy created by the departure of Mr. Zekri.

At present, Dr. Sessler is actively engaged in the business of developing new real estate ventures in Europe and other business projects and activities in Israel. Since 1992, Dr. Sessler has held senior managerial positions at the Electra Consumer Products part of Elco Group. In 2000, Dr. Sessler became Senior Vice President of Elco Group, responsible in the establishment, integration and operation of new businesses in Israel, Europe, Australia, South America, China and the United States, with a special emphasis on Europe. Dr. Sessler has also served as either chairman or director of six companies in Spain and Italy in the past.

On August 21, 2014, the company appointed Mr. Gal Peleg as Chief Financial Officer, replacing Ron Weissberg, the company's Chairman and principal stockholder, who had served as interim CFO since December 27, 2013. Mr. Weissberg will continue to serve as Chairman of the Board of Directors. Mr. Peleg from 2007 to the present, Mr. Peleg served as Chief Financial Officer of Medical Life-Wave.

He was responsible for quarterly, annual and other reports filed with TASE, compliance with regulatory protocol and the rules and regulations under the Israeli securities laws. From January 2006 through October 2007, Mr. Peleg served as controller of Tescom Software System Ltd. From 2004 to 2006, Mr. Peleg served as controller of Internet Gold. From 2001 to 2004, Mr. Peleg worked at Ernst & Young as Senior, Bio-Tech/Medical Device Section, providing audit services in accordance with US GAAP and Israeli GAAP.