COO Appointment and Board Change

20 November 2014

Digital Globe Services, Ltd.

("DGS" or the "Company")

COO Appointment and Board Change

Digital Globe Services, Ltd. (AIM: DGS), a leading provider of online customer acquisition solutions for large, consumer-facing organisations, announces today the appointment of Fred Lutz as Chief Operating Officer of the Company and the resignation of Sandra Rodger as Group Chief Financial Officer and Executive Director.

The Company is pleased to announce that it has appointed Fred Lutz as Chief Operating Officer (a non-Board position) of the Company effective immediately. In his new role at DGS, Fred will be responsible for overall Group operations including all sales channels, new product and service launches and new business development opportunities. Fred will report directly to Jeff Cox, CEO. Fred has over 20 years of sales and operations experience in the content, cable and telecommunications industry. Most recently Fred worked directly for entrepreneur Mark Cuban as his Executive Vice President of Operations at AXS TV and Executive Vice President of Operations at HD Net Movies. Prior to that Fred held executive management operational roles at Charter Communications including head of operations in Charter's West Region covering the entire United States Western region.

The Company also announces that Sandra Rodger informed the Company yesterday of her intention to step down from her role as Chief Financial Officer ("CFO") and from the Board for personal reasons. Sandra will step down from her role with immediate effect.

The Board has commenced the search for a new Chief Financial Officer and a further announcement is expected in due course. Andrew Lear, currently Chief Strategy Officer and, up until last year, CFO of the US subsidiary companies TelSat Online Inc. and Digital Globe Services Inc., will assume the role of interim CFO pending appointment of a new CFO.

Jeff Cox, CEO of Digital Globe Services, commented, "I am pleased that Fred is joining the DGS organisation as COO. Fred fortifies our current operational structure and his experience and insight will be a great asset to our customers and our team as we continue to grow the business and launch new services for our customers in their period of consolidation. I would also like to thank Sandra for her contributions to the business and wish her well. She has been a valued member of the team and has helped contribute to the growth of the business during its early life on the public markets following the Company's successful IPO in 2013 and through the Company's acquisition and integration of DGS Edu."

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Overview of DGS

Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer acquisition solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, search engine optimization, integrated websites, e-mail, social media and contact centre support, receiving a fee for each customer acquired for its clients.

DGS is seeking to establish itself as the leading international provider of outsourced online customer, lead and inquiry acquisition, services, through its focus on having the premier technology platform in the industry. Paid search refers to the auction process for key search terms that search providers run and in which prospective advertisers, or their agents, compete in order to have their advertising or search results displayed. 

By using its optimising technology platform, dgSMART, and its experience of website management and digital media customer acquisition, efficient contact centre operations and other process expertise, DGS is able to acquire customers and achieve conversion rates that deliver profitable, high quality customers or valuable leads and inquiries to its clients.

DGS employs over 600 staff in Europe, North America and Asia. The Company currently has over 30 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.