Business
Management Changes at Rafina Innovations Inc.
Management Changes at Rafina Innovations Inc..
About this update from Rafina Innovations Inc.
[{"type":"text","content":"\nGlasgow, Scotland, Nov. 19, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Rafina Innovations Inc. (formerly HCi Viocare) (OTCQB:VICA), provides update on recent management changes.   Rafina Innovations Inc. was created to be a dynamic technology start-up. Our strength lies in our exceptional sensor-technologies and the team behind them.\n Rafina Innovations Inc. has created the first independent, cross-border chain of full-service prosthetic, orthotic and diabetic foot rehabilitation. We have also successfully developed a number of very compelling end-solutions, spanning industries such as bio-engineering, healthcare, automotive and sports. We have grown organically, through extensive interest from customers that are some of the largest names in their respective industries. However, as with all new teams, we have been through a significant learning curve, both in terms of our technologies, as well as product development and company growth. As part of this process, we have observed opportunities for significant improvement across a number of areas. We have learned how to best implement our technologies in end-products and about more effective and efficient product. Most importantly, we have learned that our passion for technological innovation needs to be better balanced with sharp financial and sales focus and that our most talented people need time and space to excel in what they do best. As a take-away from this learning process, and in the context of our continued determination to be highly effective and successful, we have determined that a number of changes were needed, across areas including organizational structure, management, expertise, sales and operational & financial efficiency. We are pleased with these changes and are confident they will enable Rafina Innovations Inc. to launch its next phase of growth, commercializing our market ready technologies.  Our recent board and management changes were as follows:  Mr. Sotirios Leontaritis has stepped down from the board and the role of President and CEO, for health reasons. Mr. Leontaritis has done an exceptional job taking an idea and creating a very exciting company around it.  Mr. Nikolaos Kardaras has stepped down from the Board but will remain the lead in-house legal advisor of the company. Mr. Kardaras’ current practice encom...