Relay Medical's board of directors are pleased to announce the appointment of Director of Product Development, Yoav Raiter as Chief Executive Officer of the Company. As Relay's Director of Product Development, Yoav was responsible for project management, user testing, paths to commercialization, design, research and consumer insight. Prior to joining Relay Medical, Yoav built a 30-year career managing product development and innovation, leading the development of large-scale software teams, and medical device development management.

Yoav was formerly the project manager for strategic accounts at StarFish Medical and Director of project management and business development at Kangaroo Group. Yoav has additionally managed large-scale ERP product development and implementation projects for broadcasters in Canada and the US for Pilat Media and SintecMedia. With the promotion of Mr. Raiter, Lahav Gil has stepped down as CEO and Director of Relay Medical.

Mr. Gil joined the Company as CEO in January 2018 and has been responsible for the building of the Company's commercialization infrastructure and advancement of the development of the HemoPalm Corp. and UX Data Science product lines. Mr. Gil will continue to advise on a project by project basis.

Mr. Raiter's appointment as CEO is effective as of March 1, 2020.