Monitise Regulatory News (MONI)

8 Dec 2008 09:00



8 December 2008

Monitise plc

Board changes

Monitise plc ("Monitise"; LSE: MONI.L), the mobile money people, announces two Board changes with immediate effect. 

Duncan McIntyre, previously Executive Chairman, will become Non-Executive Chairman of the Board. Having overseen Monitise's separation from Morse in June 2007 and subsequent Admission and Placing on AIM, followed by a successful fund raising in July 2008, as Non-Executive Chairman Duncan will continue to provide guidance and support to Alastair Lukies (CEO) and the executive team. 

Lee Cameron has been appointed to the Board as an executive director. Lee (37) joined the company in 2006 as General Counsel and has been responsible for the legal, corporate development, human resources and compliance areas of the business.  In addition, he represents Monitise's interests on the Board of its joint venture with VocaLink, MONILINK Limited, the operator of the UK mobile banking and payments platform and is responsible for the protection and prosecution of the group's intellectual property portfolio. Lee is a qualified solicitor and prior to joining Monitise he was General Counsel and Company Secretary of Morse plc from 1998.

Other than the information contained in this announcement, there are no other details to be disclosed in accordance with paragraph (g) of Schedule Two of the AIM Rules. 

Enquiries

About Monitise plc

Monitise plc (MONI.L), the mobile money people, has created the world's first mobile banking networks, which allow customers of multiple banks and mobile operators to perform banking and payment transactions directly from their mobile handset.

With live services in the UK and the USA, where it has delivered the MONILINK and Monitise networks in partnership with VocaLink and Metavante Corporation respectively, the Company is currently working with international partners to deliver similar safe, secure mobile banking & payment services in territories worldwide.

Current key partners include VocaLink, Metavante, HSBC, Lloyds TSB, first direct, Alliance & Leicester, Royal Bank of Scotland, NatWest, Vodafone, Orange, O2, T-Mobile and Hutchison 3G.

Monitise was recognised as a 'Technology Pioneer' by the World Economic Forum in 2006; 'Mobile Innovation of the Year' by The Banker Magazine in 2007 and awarded

the Innovation in Messaging Award 2007 by the Mobile Messaging Association.

www.monitisegroup.com