Nanoveu To Acquire Leading SOC Semiconductor Company

Nanoveu Ltd NVU:

• NANOVEU TO ACQUIRE LEADING SOC SEMICONDUCTOR COMPANY

• TO ACQUIRE EMBEDDED A.I. SYSTEMS PTE

• DAVID PEVCIC HAS BEEN APPOINTED EXECUTIVE CHAIRMAN

• WILL ISSUE A$5 MILLION IN FULLY PAID ORDINARY SHARES IN CO AND 83.3 MILLION PERFORMANCE RIGHTS DIRECTLY LINKED TO EMASS, OTHERS