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