Techniche Ltd. announced the appointment of Mr. Bruce Scott to the Board as a Non Executive Director. Mr. John Wolton, the previous Chairman of Techniche, will be retiring from the Board after the June Board meeting, with Mr. Scott his replacement. He will be joining the Board commencing with the April Board meeting. Mr. Scott is currently the Managing Director and Chief Investment Officer of NBC Capital.

Techniche Ltd. reported unaudited consolidated earnings results for the half year ended December 31, 2012. For the period, the company’s revenue from ordinary activities was AUD 2,943,951 compared to AUD 2,990,540 a year ago. Profit before income tax was AUD 227,888 compared to loss before income tax of AUD 8,628 a year ago. Profit from continuing operations was AUD 227,888 compared to loss from continuing operations of AUD 8,628 a year ago. Profit before income tax was AUD 227,888 compared to loss before income tax of AUD 8,628 a year ago. Profit from continuing operations was AUD 59,340 compared to loss from continuing operations of AUD 158,720 a year ago. Profit for the period was AUD 188,075 compared to loss for the period of AUD 318,655 a year ago. Total comprehensive income attributable to members of the parent entity was AUD 309,757 or 0.0265 cents per basic and diluted share, compared to total comprehensive loss attributable to members of the parent entity AUD 529,485 or 0.0710 cents per basic and diluted share, a year ago. Net cash used in operating activities was AUD 515,960 compared to AUD 204,327 a year ago. Payment for plant and equipment was AUD 95 compared to AUD 8,865 a year ago.

Techniche Ltd. announced that they will report first half, 2013 results on Feb 28, 2013