BLTG.L Regulatory News (BLTG)

Blancco Technology Group PLC

("Blancco", or the "Group")

TWO SENIOR EXECUTIVES APPOINTED TO BLANCCO TECHNOLOGY GROUP LEADERSHIP TEAM

Blancco Technology Group (LON: BLTG), a leading global provider of mobile device diagnostics and secure data erasure solutions, today announces the appointment of two senior executives to its leadership team. 

Richard Stiennon has been appointed as Chief Strategy Officer with effect from 1 July 2016. Reporting into CEO Pat Clawson, he will be responsible for leading the company's overall corporate strategy, including long-term strategic planning, product positioning, public affairs, industry analyst relations, joint ventures and industry partnerships.

Richard is an experienced IT security and data privacy professional, who was previously Chief Marketing Officer for unified threat management solutions provider Fortinet (NASDAQ: FTNT) and VP of Threat Research at Webroot Inc. Between 2000 and 2004, he was Vice President of Research at Gartner, the leading information technology research and advisory company, before founding IT-Harvest, a cyber security research organization. Richard has written three books on cyber security and its implications on businesses, with There Will Be Cyberwar named a Washington Post bestseller in 2016. 

Steve Holton has been appointed President and Chief Revenue Officer with effect from 25 July 2016. In this role, he will be responsible for building and scaling the company's global sales and revenue growth, inclusive of direct and channel sales, and will report directly to CEO Pat Clawson.

Steve is an experienced software industry veteran and has 20 years of experience selling B2B software solutions. Most recently, he was SVP of Worldwide Sales and Customer Success for mobile enterprise security company, Good Technologies, which he grew from a $200 million organization into a highly valued company that was acquired by BlackBerry (NASDAQ: BBRY) for $425 million in September 2015.

Patrick Clawson, Chief Executive Officer, commented:

"I am delighted to welcome Richard and Steve to the Blancco Technology Group leadership team. Their appointments reflect our ambitions to further build on our position as the world's leading provider of mobile device diagnostics and secure data erasure solutions. Both Richard and Steve have significant industry experience that will be of great benefit to the Group and I look forward to working closely with them."

Enquiries:

Blancco Technology Group Plc +44 (0) 20 3657 7000

Patrick Clawson, Chief Executive Officer

Jog Dhody, Chief Financial Officer

Peel Hunt LLP (Nominated Adviser and Broker) +44 (0) 20 7418 8900

Richard Kauffer

Euan Brown

Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500

Dominic Morley, Corporate Finance

Charles Leigh Pemberton, Corporate Broking

Tulchan Communications +44 (0) 20 7353 4200

Tom Murray

About Blancco Technology Group

Blancco Technology Group is a leading global provider of mobile device diagnostics and secure data erasure solutions. For more information, please visit www.blanccotechnologygroup.com.

Cautionary statement

This announcement contains forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as anticipate, target, expect, estimate, intend, plan, goal, believe, will, may, should, would, could, is confident, or other words of similar meaning. Undue reliance should not be placed on any such statements because they speak only as at the date of this document and, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and Blancco's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements.

There are a number of factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are; increased competition, the loss of or damage to one or more key customer relationships, the outcome of business or industry restructuring, changes in economic conditions, currency fluctuations, changes in laws, regulations or regulatory policies, developments in legal or public policy doctrines, technological developments, the failure to retain key management, or the key timing and success of future acquisition opportunities or major investment projects.

Blancco undertakes no obligation to revise or update any forward-looking statement contained within this announcement, regardless of whether those statements are affected as a result of new information, future events or otherwise, save as required by law and regulations.