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RNS Number : 1893O

Maestrano Group PLC

28 January 2019

28 January 2019

Maestrano Group PLC ("Maestrano" or the "Company")

Maestrano establishes Advisory Board and appoints William Pickup CTO

Maestrano Group PLC (AIM: MNO), the open cloud business integration platform with cross-app data synchronization, announces the creation of an Advisory Board and the appointment of William Pickup as Chief Technology Officer.

Mr Arnaud Lachaume moves from the position of CTO to become a charter member of the Advisory Board, along with Mr Stephane Ibos, both of whom were founders of the company. Mr Ibos, a Non-Executive Director of Maestrano, will Chair the Advisory Board.

The Maestrano Advisory Board is designed to provide strategic guidance and a thoughtful sounding board for management. The Company intends to appoint further members to the Advisory Board, drawn mainly from its major clients, to ensure that future product development is closely aligned with client priorities.

William Pickup joined Maestrano as Chief Architect in September 2018 and his since played a pivotal role in the product roadmap and key design decisions for client projects. With extensive experience in software engineering in the financial services industry, William is the ideal person to provide technology leadership and drive innovation into the future.

Andrew Pearson, CEO of Maestrano, commented:

"Since joining Maestrano, William has brought his deep knowledge to bear on our product direction and development and has impressed us all. Arnaud is now able to step out of his day to day role but will continue to contribute via the Advisory Board, working to ensure our leadership position in data management and business insights."

Ian Buddery, Chairman of the Board, said:

"We are delighted to announce these key decisions today. The Advisory Board will provide an invaluable bridge between the industry and our technology innovation, while William assumes the mantle of continuous innovation that Arnaud began in 2013. We greatly value the ongoing commitment and contribution of our founders, which is an integral part of our culture and our future success."

Enquiries:

 
 Maestrano Group plc                     c/o IFC 
  Ian Buddery, Chairman 
  Andrew Pearson, CEO 
 Grant Thornton (Nominated Adviser) 
  Colin Aaronson / Jamie Barklem         +44 (0)20 7383 5100 
 Arden Partners (Broker) 
  Ruari McGirr / Ciaran Walsh / 
  Alex Penney                            +44 (0)20 7614 5900 
 IFC Advisory Limited (Financial 
  PR & IR) 
  Graham Herring / Miles Nolan / 
  Zach Cohen 
  graham.herring@investor-focus.co.uk 
  miles.nolan@investor-focus.co.uk       +44 (0)20 3934 6630

About Maestrano

Maestrano develops and deploys a patented cloud-based Platform as a Service that serves the needs of Small to Medium Businesses (SMBs) and large Enterprises (such as major banks and global accounting firms) to access real time, automated management data efficiently on an integrated platform. This technology is called Master Data Management (MDM).

Further information on the Group is available at www.maestrano.com

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

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