Imagion Biosystems Limited has accepted the resignation of non-executive director Dr. John Hazle, effective today. At this stage the Board does not envisage needing to replace Dr. Hazle with another non-executive director. Dr. Hazle's involvement with the Company will continue through his appointment as founding Chairman of the Company's Scientific Advisory Board. Dr. Hazle has been a leading scientific collaborator with the Company for more than five years having established the Magnetic Relaxometry Research Laboratory at the MD Anderson Cancer Center in Houston in 2014. As the Company is now moving closer to clinical testing both the Company and Dr. Hazle believe this change in role is in the best interest of all parties and will eliminate any potential conflicts of interest between his roles at the Company and the MD Anderson Cancer Center, while still allowing Dr. Hazle to continue to be a productive contributor to the success of the Company.