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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Axismobile | LSE:AXIS | London | Ordinary Share | GB00B16KF945 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.625 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7709Z Axismobile PLC 06 July 2007 Date: 6 July 2007 On behalf of: AxisMobile PLC ("AxisMobile" or "the Company") For Immediate Release AxisMobile PLC * Board Changes The Board of Directors of AxisMobile PLC (AIM: AXIS), the consumer mobile email specialist, is pleased to announce that Shai Schiller has been appointed Executive Chairman, replacing Non-Executive Chairman Oded Zucker who becomes a Non-Executive Director of the Company. Sharon David has been appointed to the Board of the Company as Chief Executive Officer. All changes are with immediate effect. Shai Schiller, as Executive Chairman, will be able to focus on the Company's overall strategy, including strategic business development, financing and expansion opportunities, whilst Sharon David will undertake the day-to-day running of the business as CEO. Sharon David will also continue in the role of Vice President Sales. Shai Schiller and Sharon David have worked together since 1996, first when they both served in management positions at Comverse and, in the past several years at AxisMobile, when Sharon was a consultant to the Company before joining the management team as Vice President Sales. Sharon David, aged 48, joined AxisMobile in 2005, prior to which he was CEO and founder of a consulting firm providing sales, marketing and business development services to telecom and global IT companies. During his career Sharon has held the position of Vice President Sales at Amdocs (NYSE: DOX), with responsibility for annual revenues in excess of $240 million, Mind CTI (NASDAQ: MNDO), and as Area Vice President for Comverse, where he established and grew their Central Eastern European region to over $100 million of annual revenues. Commenting on the Board changes, Executive Chairman Shai Schiller said: "We would like to thank Oded for his leadership, guidance and commitment to the Company over the last year. We are delighted that he has agreed to remain as a Non-Executive Director. "I would also like to welcome Sharon David to the Board. As Vice President Sales, Sharon has leveraged on his extensive experience and been fundamental in increasing sales and our new business pipeline. Sharon will continue this role as well as undertaking the day-to-day running of the business as CEO, which will allow me to dedicate my activities on the immediate expansion and business development opportunities of the Company. I remain fully dedicated and committed to the success of AxisMobile. "We are confident that these changes, along with Oded Zucker's continuing involvement as a Non-Executive Director, will capitalise on the progress to date and help grow the business going forward." Commenting on his new role, CEO Sharon David said: "Shai has provided extraordinary leadership over the last two years and I look forward to working closely with him, the Board of Directors and the entire AxisMobile team to ensure continued growth and quality service. I am confident that AxisMobile is well positioned to succeed as the telecommunications environment continues to evolve." There are no further details that are required to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM Rules for Companies. - ends - Enquiries to: Hugo Goldman Tel: + 972 3 768 5555 AxisMobile www.axismobile.com Emma Kane / Paul Dulieu Tel: 020 7822 0200 Redleaf Communications Notes to Editors About AxisMobile * AxisMobile was founded during early 2000. It is a leader in the emerging market of consumer mobile email which allows consumers to access email via mobile telephone handsets. * AxisMobile's objective is to provide software that drives the mass market adoption of mobile email and related products by making multimedia information portable, ubiquitous and easy to access on subscribers' existing mobile handsets at an attractive cost. AxisMobile's email platform provides a 'one-stop-shop' for consumer mobile as it supports Web, WAP, IMAP4, MMS, SMS and J2ME interfaces. Such interfaces cover most methods of transmitting mobile data communications. AxisMobile's platform means that mobile operators no longer need to integrate platforms from different vendors. This reduces costs. AxisMobile aims to leverage customer relationships by offering additional products and services based on its technology platform, hence producing cross-sales and increasing the value to customers and to its shareholders. * Consumer mobile email represents a huge growth opportunity for mobile operators and vendors. The success of mobile communications has become a worldwide phenomenon with approximately 1.7 billion subscribers globally. In 2005, Forrester research estimated that the number of Western European consumer mobile email users will increase from 12.3 million in 2005 to 62.7 million by 2008. During the same period, revenues from consumer mobile mail will grow from Euro120 million per year to Euro1.15 billion per year in Western Europe alone. In the US, Forrester estimates that the number of consumer mobile email users will increase from 12.1 million in 2005 to 38 million in 2008 and that revenues will soar from $13 million per year in 2005 to $406 million in 2008. * Publication quality photographs are available from Redleaf Communications * Further information on AxisMobile is available from the AxisMobile website: www.axismobile.com This information is provided by RNS The company news service from the London Stock Exchange END BOAMGGGNNKRGNZM
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