1 Jun 2016 07:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.
For Immediate Release
1 June 2016
Falcon Acquisitions Limited
("Falcon" or the "Company")
Board Changes
Falcon Acquisitions, the LSE listed investment company focused on investments in the OTT market, is pleased to announce the appointment of Mr. Richard Baker as non-executive director to the Board with immediate effect. This follows the resignation of Mr. Mark Gustafson as non-executive director, who has stepped down from the Board to focus primarily on his other public company interest.
Mr. Baker has had a distinguished career spanning over 20 years in the digital media, telecommunications and financial services industries. After founding Rebtec, a commercial and technical consulting practice to the digital media and telecommunications sector, Mr. Baker became acting CEO and then Chairman of Quiptel Hong Kong Ltd in 2012. In this role, he has steered the video platform software company's vision and strategy, driving the growth, funding and development of its OTT video platform "Quiptel Media Platform". Having begun his career in 1991, he has held a number of senior level positions, playing an instrumental role in the leadership of a number of companies in the technology and media market space. Mr. Baker most recently was a co-founder and CEO of a regulated financial futures electronic execution-trading platform called Cleartrade Exchange (CLTX) based in Singapore and London, where his responsibilities involved the oversight and direction for all aspects of strategy, development and governance. CLTX was sold to the European Energy Exchange (EEX), a Deutsche Börse company, in March 2016.
Speaking on Mr. Baker's appointment, Falcon Chairman Gert Rieder, comments: "We are delighted to welcome Richard as non-executive director to the Board. As we seek to make acquisitions within the OTT market and capitalise on the moving trend towards more mobile and more accessible ways to access content, Richard will bring his significant experience and knowledge of the OTT space to this role. Following years of high-level experience at the helm of a number of digital media and telecommunications companies, we look forward to the contribution he can make to the leadership team.
"We wish Mark the best in his future endeavours and would like to take the opportunity to thank him for his vital contribution, particularly during our admission to trading on the LSE."
**ENDS**
For more information visit www.falconacquisitions.com or enquire to:
Falcon Acquisitions Limited | |
Gert Rieder | +43 51 52 30 00 |
St Brides Partners Ltd (PR) | |
Lottie Brocklehurst/ Frank Buhagiar/ Grace-Anne Marius | +44 (0) 20 7236 1177 |