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ReadCloud Ltd. ( (AU:RCL) ) just unveiled an announcement.
ReadCloud Limited announced the transition of its founder, Lars Lindstrom, from an executive role to a non-executive director position. Lars, who initiated the company’s cloud-based platform for eBooks in 2009, has significantly contributed to ReadCloud’s growth, especially in international sales. His departure from the executive role marks a new phase for the company, with Kevin Mackinley taking over international sales responsibilities. This transition is expected to continue ReadCloud’s momentum in expanding its eBooks market both domestically and internationally.
More about ReadCloud Ltd.
ReadCloud Limited is a leading provider of eLearning software solutions and industry-based training. The company’s eReader platform offers an engaging and collaborative learning environment with access to interactive digital content from top publishers. It supports teachers and students with features like social annotations, media-rich embedding, cross-platform compatibility, and text-to-speech in 120 languages. ReadCloud also delivers vocational education and training through its ReadCloudVET platform, offering 50 qualifications to 15,000 learners across three specialist Registered Training Organisations.
Average Trading Volume: 109,783
Technical Sentiment Signal: Buy
Current Market Cap: A$16.9M
Learn more about RCL stock on TipRanks’ Stock Analysis page.