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7 Dec 2010 07:00
7 December 2010
Appointment of Sushovan Hussain to the Monitise plc Board
Monitise plc (LSE: MONI.L), the leading global Mobile Money solutions provider, announces the appointment of Sushovan Hussain to the Board as Non-Executive Director with effect from 1 January 2011.
Sushovan, a qualified accountant, has served as Chief Financial Officer of Autonomy Corporation plc, a constituent of the FTSE 100, since June 2001 and brings with him a wealth of listed company experience as well as a strong track record in growing a technology business. Prior to joining Autonomy, Sushovan worked for LASMO plc, one of the world's largest independent oil and gas exploration companies, where he held a number of senior international financial positions, including a focus on acquisitions and divestments.
Duncan McIntyre, Chairman, said: "I am delighted that Sushovan will be joining our Board, he brings significant experience and an in-depth understanding of the technology sector which will benefit us tremendously as we continue to grow the business."
Mr Sushovan Hussain, aged 46, is currently a director of Autonomy Corporation plc and has been a director of OpenV China Holdings Company during the last 5 years. There are no further disclosures required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the appointment.
ENQUIRIES:
| |
Monitise Group | Tel: 020 7947 4300 |
Duncan McIntyre, Chairman Tom Spurgeon, Finance Director and Company Secretary | |
Financial Dynamics | Tel: 020 7831 3113 |
Juliet Clarke Haya Herbert-Burns | |
Evolution Securities Limited (NOMAD) | Tel: 020 7071 4300 |
Bobbie Hilliam Tim Redfern |
About Monitise
Monitise plc (LSE: MONI.L) is a global leader in Mobile Money solutions, with the proven technology and expertise to enable financial institutions and other service providers to offer a wide range of mobile banking and payments services to their customers in both developed and developing territories.
With live services in the UK and in the USA, where it is in partnership with FIS, the company is currently working with international partners to deliver similar safe, secure mobile banking and payment services in territories worldwide, including India and the Asia Pacific region. Current key partners include Visa, VocaLink, FIS, HSBC, Lloyds TSB, First Direct, Royal Bank of Scotland, NatWest, Travelex, Ulster Bank, Standard Chartered Bank, Vodafone, Orange, O2, T-Mobile, 3 UK, Best Buy, The Carphone Warehouse and First Eastern.
For more information visit http://www.monitisegroup.com
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