DGS.L Regulatory News (DGS)

14 November 2014

Digital Globe Services, Ltd.

(the "Company")

Board Change

Digital Globe Services, Ltd. (AIM: DGS), a leading provider of online customer acquisition solutions for large, consumer-facing organisations, announces today that Sam Howe, Independent Director, has stepped down from the Board with immediate effect to enable him to join a US based entity as its Chief Executive Officer.

Jeff Cox, CEO of DGS, commented, "We would like to thank Sam for his meaningful contributions to the Company, including his support in helping DGS achieve the milestones of a successful IPO and two subsequent Annual General Meetings. We wish him well and ongoing success in his future ventures."

The Company expects to retain a replacement Independent Director in the near future.

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Overview of DGS

Founded in 2008 with offices in London, Bermuda, Netherlands, USA and Ireland, DGS is a specialist provider of outsourced online customer acquisition solutions for large, consumer-facing corporations. DGS delivers customers to its clients through optimised paid search, search engine optimization, integrated websites, e-mail, social media and contact centre support, receiving a fee for each customer acquired for its clients.

DGS is seeking to establish itself as the leading international provider of outsourced online customer, lead and inquiry acquisition, services, through its focus on having the premier technology platform in the industry. Paid search refers to the auction process for key search terms that search providers run and in which prospective advertisers, or their agents, compete in order to have their advertising or search results displayed. 

By using its optimising technology platform, dgSMART, and its experience of website management and digital media customer acquisition, efficient contact centre operations and other process expertise, DGS is able to acquire customers and achieve conversion rates that deliver profitable, high quality customers or valuable leads and inquiries to its clients.

DGS employs over 600 staff in Europe, North America and Asia. The Company currently has over 30 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500.