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Share Name | Share Symbol | Market | Type |
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American Telecom Services, | AMEX:TES | AMEX | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
RNS Number:6556U TradingSports Exchange Systems PLC 27 January 2004 For Immediate Release Tuesday 27th January 2004 TRADINGSPORTS EXCHANGE SYSTEMS PLC APPOINTMENT OF NON-EXECUTIVE CHAIRMAN TradingSports Exchange Systems plc ("TradingSports" or "the Company"), the AIM listed provider of "white label" person-to-person ("P2P") betting exchange systems, is pleased to announce that it has today strengthened its board with the appointment of Andrew Tottenham as Non-Executive Chairman of the Company. The appointment is with immediate effect. Andrew, aged 46, has extensive experience in the gaming industry. In 1987 he founded and built Tottenham & Co, the international gaming consultancy, into a well-known international firm with blue chip clients that included Rank plc and William Hill. In 1997, Andrew was appointed President and Chief Operating Officer of Trans World Gaming Corporation, the US public quoted casino operator. During his time on the Board, Andrew oversaw the raising of $17 million via a private debt placing amongst US and UK institutional investors. In October 2000 Andrew became a Director of Harrods Online Ltd, where his responsibilities included the development and implementation of the marketing plan, and the launch of the online casino. Andrew is the current President of the Internet Gambling, Gaming and Betting Association (IGGBA). Officially founded in January 2002, IGGBA was created to address the unique legislative, regulatory and commercial opportunities and concerns of the I-Gaming industry. Joe Tighe, the Company's Chief Executive, commented; "Andrew's understanding and knowledge of the gaming industry, his involvement with successful gaming corporations, as well as his extensive knowledge of the regulatory environment will be invaluable to TradingSports as we continue to pursue our dominant position as a provider of white label, exchange betting services to the global gaming and betting community." Andrew Tottenham, the newly appointed Chairman of the Company commented; "TradingSports shows great potential to become a leading player in the development of the betting exchange market place. I look forward to working with TradingSports on fulfilling its considerable potential." For further information: TradingSports Exchange Systems plc Tel: 020 8780 6000 Joe Tighe, Chief Executive Officer Ken Mulvany, Director of Investor Relations Buchanan Communications Tel: 020 7466 5000 Bobby Morse / James Strong Background Information TradingSports, which floated on the London Stock Exchange's AIM in May 2003, enables its customers to enter the P2P betting market without the substantial investment of building, developing and maintaining their own P2P exchange systems. Aimed at the business-to-business market, TradingSports acts as an aggregator of liquidity from different sports betting companies, enabling them to benefit from TradingSports' global pool of P2P bettors. The following additional information is provided in accordance with the AIM Rules: Current Directorships of Andrew Tottenham: Tottenham & Co. IGCA Past Directorships of Andrew Tottenham within the last 5 years: Trans World Gaming Corporation (US) There is nothing further to disclose in relation to Andrew Tottenham's appointment under schedule two, paragraph (f) of the AIM rules. This information is provided by RNS The company news service from the London Stock Exchange END BOAPUUBAGUPCGMQ
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