Last checked at 20 Jan 2012 15:09
For immediate release: 20 January 2012
EXPANSYS plc
("EXPANSYS" or the "Group")
Directorate Change
EXPANSYS plc (AIM: XPS), a leading global online retailer of wireless and consumer technology and a provider of mobile network solutions, announces that Tim Eltze will step down from the main board of EXPANSYS plc with immediate effect to focus entirely on EXPANSYS' fast growing American operations, of which he is President.
Tim has been based in Chicago since late 2011. EXPANSYS views the USA as one of the most significant growth opportunities for the Group, both through our online retail channels and nationwide SIM card and prepaid solutions distribution. In 2011 EXPANSYS signed its first major SIM card distribution agreement in the USA with T-Mobile, one of the country's largest carriers, and has since then been successfully growing its MVNO and distribution/reseller partner bases.
EXPANSYS plc
Anthony Catterson, CEO
Chris Ogle, CFO Via M: Communications
Cenkos Securities
Stephen Keys or Camilla Hume
Tel: +44 (0) 20 7397 8900
skeys@cenkos.com / chume@cenkos.com
M:Communications
Nick Miles or Ben Simons
Tel +44 (0)20 7920 2340
miles@mcomgroup.com / simons@mcomgroup.com
Investor relations website: www.EXPANSYS.plc.uk
About EXPANSYS
EXPANSYS (AIM: XPS) is a global online consumer electronics retailer, operating directly in 50 countries with a vast range of products, and a focused approach to service and value for its customers. EXPANSYS has recently begun to develop a strong partner eCommerce business providing multiple services for some of the world's leading brands (inc HTC and Motorola), across large numbers of International markets. The Group includes Data Select Network Solutions (DSNS), the market leading B2B SIM card distributor selling products on behalf of major network operators and MVNOs. The Group also includes PJ Media, an eCommerce and web services business with expertise in the multi-channel telecommunications sector, and a number of large international blue chip clients inc Vodafone.