REG - Bidstack Group PLC - Appointment of CTO/CPO

BidstackAnnouncement

08/02/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220208:nRSH9565Aa&default-theme=true

RNS Number : 9565A  Bidstack Group PLC  08 February 2022

8 February 2022

 

Bidstack Group Plc

("Bidstack" or the "Company")

Appointment of CTO/CPO

 

Bidstack Group Plc (AIM: BIDS), the native in-game advertising group, is
pleased to announce that Glen Ames has been appointed as Chief Technology and
Product Officer.

 

Glen is a global product and technology advisor with over 25 years of
experience.  He has spent 20 years in California's Silicon Valley, working at
major technology companies including Nortel, Yahoo, AOL, AT&T and Turn.
Glen has also worked with early-stage businesses, having sold two start-ups
and worked for several pre-IPO high growth companies.  He has 12 patents to
his name.

 

More recently Glen spent five years as CTO/CPO at Captify Technologies, a
fast-growing digital media business with the largest independent publisher
network in Europe.  Under Glen's leadership, Captify built strong product,
data analytics and engineering teams across multiple regions.

 

As a result of his influential profile and track record of building highly
scalable companies with innovative data systems, Glen was recommended to the
Board to provide Bidstack with product and technology consultancy.  The Board
is pleased to have evolved this to a full-time appointment as the Company
reinforces its capabilities for platforms and publishers.

 

Glen's appointment, which is not a board position, will allow Francesco
Petruzzelli, Bidstack's current CTO, to move to the position of Managing
Director focusing on the Group's relationships with key customers, including
ensuring that its relationships with Azerion and key publishers continue to
flourish.

 

James Draper, CEO of Bidstack said

 

"Glen joins us, with over 25 years' experience of building out product and
technology teams for some of the biggest names in the advertising and
enterprise platform industries.  We are pleased that we are now able to
attract talent of Glen's calibre.

 

This is proof that the Company is maturing well and the further use-cases for
our technology outlined in our circular published on 2 July 2021 are becoming
increasingly apparent. It has become clear that, whilst we began in pure
advertising technology, there are other applications for our software which we
can now focus on.

 

With Glen in place, Francesco Petruzzelli will step up to become Managing
Director and oversee the roll-out of our platform across key customers, whilst
ensuring our relationship with Azerion on the media-side of the business,
continues to grow."

 

 

-ENDS-

Contacts

 Bidstack Group Plc

 James Draper, CEO                                            via Buchanan
 SPARK Advisory Partners Limited (Nomad)                      +44 (0) 203 368 3550

 Mark Brady / Neil Baldwin / James Keeshan
 Stifel Nicolaus Europe Limited (Broker)

 Fred Walsh                                                   +44 (0) 20 7710 7600

 Buchanan Communications Limited

 Chris Lane / Stephanie Watson / Kim van Beeck                +44 (0) 20 7466 5000

 bidstack@buchanan.uk.com (mailto:bidstack@buchanan.uk.com)

 

Notes to editors

About Bidstack

 

Bidstack is an advertising technology company which provides dynamic, targeted
and automated native in-game advertising for the global video games industry
across multiple platforms. Its proprietary technology is capable of inserting
advertisements within video games.  Bidstack's customers are games publishers
and developers (on the supply side), and advertising agencies, brands and
media-buying platforms (on the demand side).

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCTPMMTMTTMMLT