Ealixir Inc. Announces Changes to Management and Board of Directors

Eleonora Ramondetti, Ealixir COO, Promoted to CEO & Mark Corrao Named New CFO

New Board of Directors with Deep Governance, Business Development, and Information Technology Experience

MIAMI, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ealixir Inc. (OTC Pink: EAXR) (“Ealixir” or the “Company”), an internet technology company specializing in online reputation management services (“ORM”), announced today the promotion of Eleonora Ramondetti as Chief Executive Officer, Secretary and Director, and Mark Corrao as Chief Financial Officer to its leadership team. In addition, the Company strengthened its Board of Directors with the appointment of Venkatesh Patrachari as Executive Chairman of the Board, and Virag Desai and Nirav Rashmikant Mehta as Directors.

Eleonora Ramondetti
Most recently serving as Chief Operating Officer, Ms. Ramondetti has been critical to the successful growth of Ealixir’s platform since the Company’s inception in 2018. Ms. Ramondetti previously served as Chief Operating Officer, Project Manager, Technical Advisor and Communications Specialist at Ealixir. Prior to Ealixir, Ms. Ramondetti gained significant corporate and communications experience across diverse sectors. She holds a bachelor’s degree in communication sciences from the University of Turin. Ms. Ramondetti replaces Neel Sawant, former CEO, who has stepped down to pursue other business interests.

Ms. Ramondetti commented, “This is a very exciting time in Ealixir’s evolution. We are entering a new stage of growth driven by greater adoption by an increasing customer base and the launch of new synergistic ORM services. We have created what we believe to be the ORM industry’s most comprehensive platform for effective control of your online identity. As we now focus on launching new products and entering new markets across the globe, a significant opportunity exists for our continued growth, and I am extremely excited to lead the Company through its next phase.”

Mark Corrao
Further bolstering Ealixir’s management team, the Company appointed Mark Corrao as Chief Financial Officer. With over 40 years of experience in the public accounting arena, Mr. Corrao holds significant senior financial leadership, audit and management experience, having worked with numerous publicly traded companies and financings. Mr. Corrao also founded Strikeforce Technology and was a co-founder of Advanced Communications Sciences.