RTS NetWorks Group PLC
3 July 2001
RTS NetWorks Group plc
('RTS NetWorks')
Senior Appointment
The Board of RTS NetWorks announces the appointment of Mr Peter
Michael Weil as Chief Operating Officer ('COO') to the Group
with effect from 2 July 2001.
Peter, aged 45, has hands on experience of entrepreneurial
start-up environments, large companies and international
business. He joins the Group from Jungle.com, the online
digital superstore. As COO, he was instrumental in building
the computer and digital product retailer to £100m turnover
in 18 months, merging Jungle.com with Software Warehouse
before the latter's sale to Great Universal Stores PLC. From
1992 to 1999 he was the UK Managing Director of the Japanese
digital printing equipment company Riso, which has a world-wide
turnover in excess of £700m. Prior to that he spent four years
as Managing Director of AB Dick ITEK, a GEC company and
fourteen years with Gestetner.
Peter has lived and worked in Asia, Scandinavia and Central
Europe.
RTS NetWorks Chairman, Bernard Fisher, said:
'I welcome Peter aboard and look forward to him driving our
commercial development, taking advantage of our increasingly
strong product offering, and exploiting the new opportunities
in all countries where the Group operates.'
Peter Weil commented,
'I believe that RTS NetWorks has tremendous opportunities to
grow as a provider of multi-channel and mobile solutions
in addition to its traditional business. I am looking forward
to applying my skills to contribute to this growth.'
For further information please contact
RTS NetWorks Group plc +44 (0) 207 749 5000
Chairman Bernard Fisher
Shivaun Meehan
Square Mile BSMG Worldwide +44 (0) 207 601 1000
Nick Oborne/Sally Lewis
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