Prime Acquisition Corp. announced the changes to its executive management team, effective May 8, 2014: Mr. William Tsu-Cheng Yu has been appointed interim Chief Executive Officer and continues as a member of Prime's Board of Directors. Ms. Amy Lau has been appointed interim Chief Financial Officer.

Ms. Lau is a Certified Management Accountant and previously served as a financial consultant to Prime. Mr. Andrea Crespi Bel'skij has been appointed Executive Vice President of European Operations. Mr. Bel'skij has over a dozen years of M&A and corporate finance experience in Europe and is a Certified International Financial Analyst.

The company also announced the appointment of Ms. Diana Chia-Huei Liu, who previously served as chief executive officer and director of Prime, and Mr. George Kaufman, who previously served as an independent director of Prime, to its Board of Directors.