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David Perlmutter, the heavy weight former Executive Vice President at Intel Corporation, is headed to Australia next week in his role as Chairman of ASX listed tech company Weebit Nano and will meet investors in Melbourne, Perth and Sydney. His involvement with a junior technology company is curious and has local tech heads speculating about where the company is headed.

Perth based Weebit-Nano is on the way to commercialization after their French partner, Leti,reproduced the ASX listed company's lab scale “Siox ReRam” computer memory technology in their massive pre-industrialization facility in France. Weebit say their computer memory technology is 1000 times faster and 1000 times more energy efficient than existing flash memory.