Directorate Change

RNS Number : 3825Q

Amino Technologies PLC

29 February 2016

 

29 February 2016

Amino Technologies plc

("Amino" or "the Company")

Directorate Change

Amino Technologies plc (LSE: AMO), the Cambridge-based leader in digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, is pleased to announce that Karen Bach joins the Company as an Independent Non-Executive Director with immediate effect.  Karen also joins the Audit and Remuneration Committees.  This will be in succession to Dr Colin Smithers who retires from his position as Non-Executive Director from today.

Karen brings strong technology and transactional expertise, having spent the last twelve years working as CFO at software businesses IXEurope Plc, ACS Plc and Kewill Plc, prior to founding KalliKids in 2012 where she is CEO.  She has blue chip international credentials from her time working at EDS CFO France, MCI WorldCom, General Motors and Ernst & Young.

Karen is an experienced non-executive and executive board director with strong financial expertise, and as an advisor is involved with IXCellerate (Non-Executive Director) and eLearning Foundation (Trustee).

Colin has been Non-Executive Director at Amino for the last fourteen years, steering the Company through its flotation and to the recent period of strong development and growth, including the Entone acquisition.  Colin remains Founder and CEO of Redtail Telematics Ltd, supplying black box tracking and data analytics to the fleet and insurance industries, and is also Chairman and a co-founder of Plextek, the award winning technology consulting house.

Commenting on the announcement Amino Non-Executive Chairman, Keith Todd said:

"Karen has had a very full career to date, including a strong background in technology, working at CEO, CFO and Commercial Director level for a range of companies.  Her breadth of experience, working with international businesses like our own, will be hugely valuable as we continue to integrate our acquisitions and drive Amino's growth into new markets.  We believe that Karen will contribute significantly to the Board going forward.

"I would also like to offer my sincere thanks to Colin for his hard work over the last fourteen years.  It has been a time of huge change for Amino and we are grateful to Colin for his strategic advice and support throughout.  We wish him well for the future."

For further information please contact:

Amino Technologies PLC	[phone]
Donald McGarva, Chief Executive Officer Julian Sanders, Interim Chief Financial Officer
finnCap Limited (NOMAD and Joint Broker)	[phone]
Stuart Andrews / Matt Goode / Carl Homes (Corporate Finance) Canaccord Genuity Limited (Joint Broker and Financial Adviser) Simon Bridges / James Craven / Emma Gabriel	[phone]
FTI Consulting LLP	[phone]
Chris Lane / Alex Le May / Darius Alexander

About Amino Technologies plc

Amino Technologies plc specialises in the development and delivery of IPTV/OTT solutions. With over seven million devices sold to 1,000 customers in 100 countries, Amino's award-winning solutions are deployed by major network operators and service providers worldwide. Amino Technologies plc is headquartered near Cambridge, in the UK, and is listed on the AIM market of the London Stock Exchange (AIM: symbol AMO).

The following information regarding the appointment of Karen Bach, aged 46, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

Current directorships and/or partnerships:	Former directorships and/or partnerships (within the last five years):
KK Cura Limited Kallikids Limited Red Arc (TP) Limited Red Arc Developments Limited Purnoma Limited Ixcellerate Limited Learning Foundation Limited	Belvoir Lettings Plc Child Activity Service Limited Kids of Wilmslow Limited Kidsunlimited Limited Kids Properties Limited Nursery Education for Employment Development Limited Kids (Warrington and Luton) Limited Tadpoles Nurseries Limited Clairmont House Limited

There are no further disclosures required under Schedule 2(g) of the AIM Rules for Companies.

 

END

 

 

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