FirstWave Cloud Technology Limited provided the following update on key changes to the business following the acquisition of Saisei Networks Inc. Current Chief Financial Officer and Company Secretary, Iain Bartram, has been appointed to the newly created position of Chief Operating Officer, adding responsibility for customer support and software development to his existing responsibilities. This change allows the company´s CEO, Danny Maher, to increase his focus on sales and marketing, and the company´s strategic goals. The Chief Revenue Officer (CRO), Dino Davanzo, extends his sales responsibilities to include the company's marketing functions and product strategy globally.

Saisei's General Manager (based in Melbourne) Jerome Fink joins under FirstWave's CRO to spearhead the growth of Saisei related sales, cross-selling and integration of the Saisei products in to FirstWave sales and marketing processes. Saisei software developers (a team of 6) join FirstWave's development team under Deepthi Bhushan and Saisei's presales engineer joins FirstWave's US team under North American Sales Director James Morzelewski. Saisei Co-Founder and Chief Technology Officer John Harper joins FirstWave following the acquisition.

Mr. Harper has more than 30 years of experience in computer and telecommunications networking. Before Saisei, Mr. Harper led engineering at Anagran, overseeing the creation of their advanced flow-based traffic managers. He previously served at Cisco as the VP of IOS Routing, directing the strategy and development of routing protocols, multicast and IPv6, among other areas.

Guy Brunsdon has been appointed as General Manager of Products, reporting to the CRO and supported by the CEO to drive the direction of the company's technology. Mr. Brunsdon's impressive background includes holding senior roles at companies such as Telstra, Cisco, VMware and Citrix Systems in Silicon Valley, Seattle, Cambridge, and Australia. Mr. Brunsdon will commence with FirstWave on 27 September 2023.

After leading FirstWave's software development activities since the Company's formation, the company's current Chief Technology Officer (CTO), Simon Ryan, will depart the business in December 2023.