AMO.L Regulatory News (AMO)

25 March 2019

Amino Technologies plc

("Amino" or "the Company" or "the Group")

Board changes

Amino Technologies plc (LSE AIM: AMO), the global provider of media and entertainment technology solutions to network operators, announces a change of Chairman and the appointment of two additional Non-Executive Directors.

Following 12 years serving on the Board, Keith Todd will retire as Non-Executive Chairman effective immediately following the conclusion of the Company's AGM on 27 March 2019. Keith will be succeeded as Non-Executive Chairman by Karen Bach, who has served as a Non-Executive Director of the Company since February 2016.

Karen Bach brings significant software management expertise and experience in building growth businesses. Karen has held C-suite roles at listed businesses including Advanced Computer Software plc, IXEurope plc and Kewill plc. Karen is currently COO of KRM22 Plc and a Non-Executive Director of Escape Hunt plc. Karen will be stepping down from her role as Independent Non-Executive Chairman of IXCellerate on 31 March after nearly seven years in the role.

Steve Vaughan has been appointed to the Board as a Non-Executive Director and Chair of the Remuneration Committee. Steve also joins the Nomination Committee. Steve has a significant amount of experience in leading listed technology companies having previously held Chief Executive positions at Phoenix IT plc, Communisis plc and Synstar plc. Steve is a Non-Executive Director at Redcentric plc.

Erika Schraner has been appointed to the Board as a Non-Executive Director and joins the Audit Committee and Nomination Committee. Erika brings to the Board a wealth of experience in strategy and business integration having previously been a Partner at PwC, leading the TMT sector team for M&A Advisory. Erika has also held leadership roles at EY and Symantec.

Keith Todd, Non-Executive Chairman of Amino Technologies, said:

"I am proud of Amino's substantial role in pioneering IPTV and in the continued innovation of IP/cloud TV everywhere during my 12 years as Non-Executive Chairman.

I am delighted that Karen Bach will assume the role of Chair, as she brings invaluable expertise in building significant listed software businesses.

Karen's experience will be invaluable to Amino as it executes its clear strategy to accelerate growth in recurring software and services revenues and value-add hardware."

Karen Bach, Chair-elect and Non-Executive Director, Amino Technologies, Commented:

"On behalf of the Board and everyone at Amino Technologies, I would like to thank Keith for his considerable contribution to the Group over twelve years as Chairman.

Keith has led the business with great vision and commitment, supporting the executive team as they have led the forefront of the transition of TV to the all IP/cloud future. We all wish him every success for the future."

Additional information

The following information is being disclosed pursuant to Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Stephen William Vaughan, aged 58, has been a director or partner of the following companies or partnerships during the five years preceding the date of this announcement:

Erika Schraner, aged 51, has been a director or partner of the following companies or partnerships during the five years preceding the date of this announcement:

Save as set out above there are no further disclosures required pursuant to Rule 17 or Schedule Two, paragraph (g) of the AIM Rules for Companies.

For further information please contact:

About Amino Technologies plc

Amino is a global leader in media and entertainment technology solutions and an IPTV pioneer, working with over 250 operators in 100-plus countries. Drawing on more than 20 years' experience delivering IP/cloud innovation, Amino enables operators to meet the challenges they face as broadcast TV and online video moves to an all-IP future with managed over-the-top (OTT) offerings. We are expert in software, hardware and cloud implementation - able to deploy our own leading-edge technologies and integrate these with third-party and 'upcycled' legacy systems. At the forefront of the evolution of TV Everywhere, Amino helps operators to provide the features and functionality modern consumers are looking for in a multiscreen, multi-device entertainment world.

Having deployed over 10 million customer premise devices and the software necessary to link the back end to the user interface, we understand the issues operators face. We partner with operators to deliver end-to-end, operator-ready solutions that enable next-generation customer experiences. We 'upcycle' existing infrastructure to support more advanced services and integrate seamlessly with new technologies to form a unified ecosystem. The result is a fresh consumer offering based on a consistent user experience across all screens, building brand reputation, stemming churn, growing subscribers and increasing average revenue per user (ARPU).

Amino Technologies PLC is listed on the London Stock Exchange AIM (symbol AMO), with headquarters in Cambridge, United Kingdom, and global offices in California, Finland and Hong Kong. For more details, visit www.aminocom.com

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.