TIDMDATA
RNS Number : 5292N
Datacash Group PLC
18 February 2009
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18th February 2009
DataCash Group Plc: DATA / Index: AIM / Sector: Support Services
DataCash Group Plc ('the Company')
DataCash Appoints New CEO Joseph Blass
The Board of DataCash Group plc is pleased to announce the appointment of Mr
Joseph Blass, 39, as its new Chief Executive Officer from 2nd March 2009.
Joseph has previously held a number of senior managerial positions, including
starting-up and managing Toucan, a residential telecommunications company, which
was subsequently sold to Pipex PLC, and most recently as CEO of FREEDOM4 Ltd, a
joint venture between Intel Capital and FREEDOM4 Group PLC (previously Pipex
PLC) that holds a nationwide WiMAX license and operates a WiMAX Network.
Ashley Head, Chairman of DataCash, said: "We are delighted that Joseph is
joining the Group and are confident that his experience and management skills
will be of great benefit to the Group. We are a fast growing business with high
ambitions and a myriad of opportunities. Joseph has demonstrated the ability to
deliver ambitious growth targets and seize opportunities in his previous roles.
We are confident that he will do the same for DataCash."
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Notes:
Other than as disclosed below, there is no further information required to be
disclosed under Schedule 2(g) of the AIM Rules.
Current directorships:
Away Gear Limited
Previous directorships:
Toucan Residential Limited
Freedom4 Limited
For further information please contact:
+------------------------------------+------------------------------------+
| Carly Smith | Tel: +44 (0)870 72 74 76 0 |
+------------------------------------+------------------------------------+
| DataCash Group | E-mail: Carly.Smith@datacash.com |
+------------------------------------+------------------------------------+
| Marketing & Communications | Website: www.datacash.com |
+------------------------------------+------------------------------------+
About DataCash
DataCash Group PLC (AIM: DATA), a market leading provider of payment processing
solutions, provides merchants with a single interface that allows them to
process secure payments, both on and offline, anywhere in the world.
DataCash also provides a range of value added services with its fraud and Risk
management solutions supporting AVS/CV2, 3-D Secure (Verified by Visa and
MasterCard Secure Code) together with traditional rules-based screening.
DataCash provides first-class service reliability at a fraction of the price of
an in-house solution, servicing clients within the retail, travel,
telecommunications and gaming sectors.
This information is provided by RNS
The company news service from the London Stock Exchange
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