11th Jul 2008 09:22
eServGlobal Announces New Chief Financial Officer and Company Secretary
Sydney, 11 July 2008
eServGlobal Limited (LSE: ESG & ASX: ESV), a provider of end-to-end solutions, enabling smart communication and payment services for service providers on any generation network, today announced the appointment of Mr Jonathan Macleod as Chief Financial Officer (CFO). In addition, Mr. Ian Buddery, Executive Chairman, assumes the additional role of Company Secretary.
Mr John Hartigan, who has been CFO and Company Secretary since 2003, resigns today.
Mr Buddery said "We are grateful to John for his contribution since 2003, a period in which the company has expanded rapidly and grown revenue by six times. As the majority of the company's activity now occurs in the global market, we are taking steps to internationalise our management structure. Jonathan Macleod, who joined the company in April 2008 as Commercial Director, has a senior management background with multinational investment banks, including Chief Operating Officer roles, and brings strong experience to assist the next stage of our growth. We are conducting a search for a permanent Company Secretary and the successful person will be announced in due course."
About eServGlobal
eServGlobal (LSE: ESG & ASX: ESV) invents smart communication and payment services for telecommunications service providers operating on all generation networks. eServGlobal's innovative solutions help service providers to grow new revenues, reduce churn, and lower costs. In addition, service providers are assured of seamless evolution to new network architectures, such as IMS and beyond.
Over 80 of the world's leading service providers, with over 400 million mobile subscribers in more than 50 countries, are taking advantage of eServGlobal's end-to-end solutions and expertise to quickly deliver revenue-generating services. With 14 offices around the world and staff from 20 different countries, we provide flexible solutions with ongoing product development, based on a deep understanding of our customers' challenges.
eServGlobal is listed on the Australian Stock Exchange (ASX: ESV) and the London Stock Exchange AIM market (LSE: ESG). In the year to 30 June 2007, eServGlobal reported a net profit before tax of A$9.1 million, up 104% from the previous year. A dividend of 2 cents per share was paid. More information can be found at: www.eservglobal.com
Ian Buddery Numis Securities Limited Tel: +44(0)20 7260 1000
Executive Chairman Nominated Advisor, Brent Nabbs
eServGlobal Limited Corporate Broking, David Poutney
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