Mobile Tornado Group PLC Directorate Changes (2730L)
30 September 2016 - 4:02PM
UK Regulatory
TIDMMBT
RNS Number : 2730L
Mobile Tornado Group PLC
30 September 2016
Mobile Tornado Group plc
("Mobile Tornado" or the "Group")
Directorate Changes
Mobile Tornado (AIM: MBT), the leading provider of instant
communication mobile applications to the enterprise market,
announces that Abraham ('Avi') Bahram Tooba has been appointed to
the Board as Chief Executive Officer of the Group, replacing Jeremy
Fenn, who will move to the role of Executive Chairman, replacing
Peter Wilkinson, who in turn will move to the role of Non-executive
Director, all with effect from 30 September 2016.
As disclosed on 12 May 2016, Avi, 59 years old, joined Mobile
Tornado as Chief Operating Officer to lead the Group's technical
and operations teams and brings significant experience to the
business as we continue to engage Tier 1 MNOs, major global
enterprises and public sector bodies. He was previously the senior
director of engineering at Motorola Solutions overseeing
engineering operations and some 500 engineers at the Israel Design
Centre. Prior to that, he was Director of engineering at Motorola
Networks which was later sold to Nokia for an estimated US$1
billion.
There are no other matters which are required to be disclosed in
accordance with Rule 17 and paragraph (g) of Schedule Two of the
AIM Rules for Companies.
Jeremy Fenn said: "Avi has had a very positive impact on the
Company since his arrival in May. He has strengthened the technical
team across all key areas and demonstrated a very clear vision for
the business. His experience and credibility in the industry is
already bringing results as our level of engagement with new
opportunities in both the enterprise and public safety sectors is
increasing. I would like to welcome him to the Board and have no
doubt that his appointment marks the start of an exciting period of
development for the Company and its shareholders."
Avi Tooba said: "Having now spent some time working with our
technical platform and engaging with our existing customers, I am
confident that we can become a leader in the Instant Communications
sector, serving both the enterprise and public sector markets. I
have built a technical development plan that will result in the
launch of a number of new products over the coming months. From a
strategic perspective, Mobile Tornado is well placed to benefit as
the market shifts from traditional radio infrastructures to
delivery across cellular networks. I look forward to leading the
team as we strive to build a substantial communications
business."
Enquiries:
Mobile Tornado Group plc www.mobiletornado.com
Jeremy Fenn, Chief Executive +44 (0)7734 475 888
Investec Bank plc (Nominated
Adviser & Broker) +44 (0)20 7597 4000
Dominic Emery / Carlton
Nelson
Walbrook PR Ltd +44 (0)20 7933 8780 or mobiletornado@walbrookpr.com
Paul Cornelius
Helen Cresswell
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAEAFNNAFAKEAF
(END) Dow Jones Newswires
September 30, 2016 02:02 ET (06:02 GMT)
Mobile Tornado (LSE:MBT)
Historical Stock Chart
From Apr 2024 to May 2024
Mobile Tornado (LSE:MBT)
Historical Stock Chart
From May 2023 to May 2024