Iplayco Corporation Ltd. announced effective immediately the resignation of Mr. Mohamed Youssef and the appointment of Mr. Shad Azimi. Mr. Youssef has resigned from the Board to focus on other business commitments. Mr. Azimi will replace Mr. Muhanad Awad as Chair of the Corporation's Compensation Committee and will also replace Mr. Zaher Fattouh as member of the Corporation's Audit Committee, chaired by independent director, Mr. Mel Barsky. Mr. Awad will remain as the Corporation's Chairman of the Board and Mr. Fattouh will remain as director. Mr. Shad Azimi is a Managing Partner and the Founder of Vanterra Capital LLC.