24th Oct 2007 07:00
Monitise PLC24 October 2007 Embargoed for 7.00am, Wednesday 24 October 2007 MONITISE PLC BOARD APPOINTMENTS Monitise plc ("Monitise"; LSE: MONI.L), the global leader in the provision ofmobile banking and payment services, announces two Board appointments withimmediate effect. John Brougham has been appointed to the Board as a non-executive Director. Hewill also be taking up the role of Chairman of the Audit Committee. John (56)is Finance Director of BT Transformation, having previously spent six years asCFO of BT Global Services which serves BT's large corporate customers and runsall the Group's activities outside the UK, generating annual revenue ofapproximately £9bn. John joined BT in June 1986 and from that time has held anumber of divisional FD and CFO roles as well as spending over five years asDirector of Investor Relations. In 2004 he was appointed to the BT GroupLeadership Forum, comprising the leaders of BT's business and key Groupfunctions. Tom Spurgeon has been appointed to the Board in the position of CFO. Tom (39)joined the company in 2006 as Finance Director and has been responsible for thefinancial management of the business, overseeing the demerger from Morse plc andthe subsequent Admission and Placing on AIM. Prior to joining Monitise he wasUK Finance Director of Morse plc, helping to drive the transition of thistechnology business. Commenting on the appointments, Monitise's Chairman, Duncan McIntyre, said: "Weare delighted that John is joining the Company, bringing with him a wealth ofexperience and understanding of the latest developments and trends in theinternational telecoms market, which will complement and strengthen the MonitiseBoard. We are also extremely pleased to welcome Tom Spurgeon to the Board". Other than the information contained in this announcement, there are no otherdetails to be disclosed in accordance with paragraph (g) of Schedule Two of theAIM Rules. Contacts: Monitise Group Tel: 020 7868 5200Duncan McIntyre, ChairmanAlastair Lukies, CEOBen Evetts, Head of Communications Financial Dynamics Tel: 020 7831 3113Harriet KeenHaya Chelhot About Monitise plc Monitise plc (MONI.L) is a specialist in mobile banking and payments technology.It has developed the world's first mobile banking ecosystem, which allowsconsumers to perform banking and payment transactions using a single consistentinterface regardless of their choice of mobile operator or bank. With live services in the UK, where it has delivered the MONILINK network inpartnership with VocaLink, the company is currently working with internationalpartners to deliver similar safe, secure mobile banking services in territoriesworldwide. Current key partners include VocaLink Interchange Network, Metavante,BT Global Services, T-Systems, HSBC, first direct, Alliance & Leicester, RoyalBank of Scotland, NatWest, Vodafone, Orange, O2, T-Mobile and Hutchison 3G. Monitise was recognised as a 'Technology Pioneer' by the World Economic Forum in2006; 'Mobile Innovation of the Year' by The Banker Magazine in 2007 and;awarded the Innovation in Messaging award 2007 by the Mobile MessagingAssociation. www.monitise.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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