Auralite Investments Inc. announced that, In December, company has appointed two new board members, Terry Thompson and Jason Morton. Mr. Terry Thompson last position was Executive VP and General Manager of 4Refuel Canada Ltd. where he helped lead a company from shortly after its start up in 1995 to the leading provider of on-site and on-line diesel fuel management services in Canada with annual sales in excess of $200 million. Mr. Jason Morton has nearly ten years of investment analysis and portfolio management experience, he served as a financial technology analyst before moving on to assist in managing the broader technology-oriented sleeves for various in-house hedge funds.

Mr. Thompson also assumed the role of Chief Financial Officer of Auralite, following Hani Zabaneh's retirement from both his director and CFO positions which Mr. Zabaneh had held since the Company's inception.