PR85283

NEUCHATEL, Switzerland, Aug. 31, 2020 /PRNewswire=KYODO JBN/ --

G-ray Switzerland, the medical imaging and industrial diagnosis start-up

founded in 2014, has announced the appointment of Luis Pallares as Chief

Executive Officer, as the company embarks on an accelerated growth drive and

completes a successful funding round.

Mr Pallares is focused on leading the transformation of G-ray's business

development efforts following the company's development of a disruptive and

patented state of the art technology to bring safer, cheaper and better vision

into imaging for medical and industrial diagnosis.

Mr Pallares joins G-ray with a wealth of entrepreneurial and start-up

experience, having founded Spain's first streaming service, Addhoc Streaming,

Spanish-speaking health related content site Vivir Mejor, and Spain's leading

digital strategy firm, Nennisiwok.

Most recently Mr Pallares' deep experience in technology development,

artificial intelligence and digital advertising led him found Plyzer

Technologies, a global leader of price comparison technology matched with

business analytics and intelligence based on artificial intelligence.

The appointment coincides with the news that G-ray has also raised a further

CHF 2.6 millions, enabling it close out its successful Series A funding round

at CHF 28 million.

Luis Pallares, Chief Executive Officer of G-ray, said: "G-ray has already

proven to be a positive disruptive force within the technology industry and I

relish the opportunity to help deliver tangible progress by bringing

improvements in imaging into medical and industrial diagnosis."

Mr Yves Claude Aubert, Chairman of G-ray Switzerland, said: "Our technology has

already started to disrupt the multi-billion particle detection imaging

markets, based on our proprietary and transformative unique detector

architecture. As artificial intelligence impacts the traditional X ray detector

market, Luis is the perfect choice to lead G-ray forward into a new phase of

growth and to capture these opportunities.

About G-ray Switzerland

Founded in 2014 in Neuchatel, G-ray Switzerland SA has filed a number of

revolutionary patents in the fields of radiographic imaging and new

semiconductor assembly techniques. The rapidly expanding company has developed

core skills in monolithic detectors with integrated high-resolution CMOS

circuits. These innovations cover a wide range of sectors, including

automotive, aerospace and medicine. www.g-ray.ch

SOURCE: G-ray Switzerland