25th Jul 2005 07:00
NETeller PLC25 July 2005 NETELLER PLC25 July 2005 NETELLER PLC APPOINTS CHIEF OPERATING OFFICER AND NEW AUDITOR NETELLER plc ('NETELLER' or the 'Company'), a leading online money transferservice provider, today announces that Mr Ronald Martin has joined the Companyas Chief Operating Officer. Ron has extensive management experience in service, outsourcing and high growthsoftware firms. He has held varied executive positions with companies such asFirstService Corporation (Executive Vice President - Operations), JobAdvantage.com (Vice President - Corporate Services), Salesnet Inc (VicePresident - Sales, Corporate & Business Development) and, most recently,Globoforce Ltd Vice President - North America) where he was recruited byBenchmark Capital and Atlas Ventures to lead all aspects of Globoforce's NorthAmerican operations, with a focus on rapid top line growth and sound productdevelopment. Gord Herman, Chief Executive Officer, commented "I am delighted that Ron hasjoined the NETELLER team. He is a proven and valuable addition in terms offacilitating our global expansion and continuing growth." The Company also announces the proposed appointment of KPMG Audit LLC to act asthe Company's auditors with immediate effect. The decision was basedprincipally on the strength of KPMG's Isle of Man team, represented by more than80 partners, managers and professional staff. Deloitte & Touche will continue toprovide ancillary services to the NETELLER group. Enquiries: NETELLER Plc 01624 698 702Gord Herman, CEODale Johnson, Executive Vice PresidentEric Hughes, Chief Financial Officer Citigate Dewe Rogerson 0207 638 9571Sarah Gestetner/Seb Hoyle/George Cazenove Notes to Editors The NETELLER Group The NETELLER Group operates an online money transfer service that utilises andextends the existing international banking structure to provide a secure meansof transferring funds worldwide. A NETeller account acts as a virtual walletthat enables customers (individuals who open NETELLER accounts) to load,withdraw and transfer funds by purchasing e-money. E-money can be instantlytransferred to or from any merchant (or internet site) that supports NETELLER'sonline payments system for goods and services. Additionally, funds can betransferred between individual customers in peer-to-peer exchanges. NETELLERhas over 1.5 million customers and approximately 1,400 supporting merchants,making the Company a leader in online payment services. NETELLER UK Limited isauthorized by the Financial Services Authority (FSA) to operate as a regulatede-money issuer. Further information may be obtained from the NETELLER's websiteat www.neteller.com. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paysafe Group