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Directorate Change

24th Oct 2012 07:00

RNS Number : 3251P
InternetQ plc
24 October 2012
 



INTERNETQ plc

("InternetQ" or "the Company")

 24 October 2012

Board change

InternetQ plc(LSE-AIM: INTQ), one of the leading providers of mobile marketing and entertainment solutions announces the following board and executive management changes effective from 1 November 2012.

Stuart Cruickshank, currently Non-Executive Chairman has announced his retirement from the board, having steered InternetQ through its successful AIM admission and he departs with the Group delivering strong operational performance.

Konstantinos Korletis will be promoted to the new role of Executive Chairman, with responsibility for leadership of the Board, its relations with investors and for positioning the company with customers and partners to facilitate international expansion. Mr Korletis has been with the Group for over three years and has been instrumental in guiding InternetQ through a rapid period of growth. He is ideally placed to continue to provide further counsel and guidance.

Panagiotis Dimitropoulos, currently the Founder and President of InternetQ, is to be appointed Chief Executive Officer. Mr Dimitropoulos founded InternetQ in 2000 and has a detailed understanding of the business, its core products and key growth markets. His move into a more operational focused role signifies another important milestone as InternetQ look to capitalise on its market leading mobile marketing platform and to further grow its Akazoo entertainment platform.

Konstantinos Korletis, added:

"I would like to personally thank Stuart for his contribution over the last two years as we established ourselves as a public company and wish him every success with his new endeavours.

I would also like to reiterate our confidence in the business which continues to gather strong sales and profit momentum across all key territories and markets."

Panagiotis Dimitropoulos, said:

"I am delighted we have developed the business so quickly and profitably since our admission to trading on AIM back in 2010. These board changes reflect the Company's ambitious plans for the future having now built a scalable platform. I look forward to continuing my close working relationship with Konstantinos, as we seek to expand our market share and increase profit growth."

 

For further details:

InternetQ

 

Konstantinos Korletis, Chief Executive Officer

Veronica Nocetti, Finance Director

 

Tel: +30 (211) 101 1101

Tel: +30 (693) 260 0128

Tel: +30 (694) 420 5275

 

Buchanan Communications

Jeremy Garcia / Gabriella Clinkard

 

 

Tel: +44 (0)20 7466 5000

 

Grant Thornton Corporate Finance

Philip Secrett / David Hignell

 

 

Tel: +44 (0)20 7383 5100

 

RBC Capital Markets

Stephen Foss / Pierre Schreuder

 

 

Tel: +44 (0)20 7653 4000

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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