Finance & Business World

Waytronx Inc. on Wednesday appointed Colt Melby to its board of directors.

Melby will serve as Tualatin-based Waytronx's (OYCBB: WYNX) chairman of the board.

Melby is a founding member of Melby Brothers Performance Investments, which last September led the investment of $1.2 million to help turn around the struggling company formerly known as OnScreen Technologies Inc.

Also in September, Melby's brother and partner, Cliff, became chief operating officer of Waytronx pay day loans.

Waytronx is a provider of openly licensable advanced systems cooling solutions.

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