REG - Global Invacom Group - Appointment of Chief Technology Officer

Global InvacomAnnouncement

01/06/2018 07:05

RNS Number : 9049P
Global Invacom Group Limited
01 June 2018
 


 
 
Global Invacom Group Limited
("Global Invacom" or the "Company")
 
Appointment of Chief Technology Officer
 
 Executive Director Malcolm Burrell named as Chief Technology Officer Amidst New Opportunities in Global Sat Comms Sector
 
Singapore/London, 1st June, 2018 - Global Invacom (SGX: QS9) (AIM: GINV), the global provider of satellite communications equipment listed on the Singapore Exchange and the U.K. AIM Market, has appointed Malcolm Burrell as its Chief Technology Officer ("CTO") with immediate effect.
 
Mr Burrell, who is an Executive Director of the Group and Chief Risk Officer, already acts as the Technical Director responsible for Advanced Research and Development of Global Invacom and has a depth of knowledge covering the satellite industry. His additional role, managing the co-ordination of the Group's R&D teams, along with continued dialogue between the Board of Directors and sales teams, will ensure product development is being tailored to meet requirements and match demand in key markets.


Mr Burrell has over 36 years' experience in radio-frequency design, technical management and corporate management across the consumer electronics, satellite earth station and military communications sectors. A graduate in Electronic Engineering from the University of Southampton, U.K., he is a member of the Institution of Engineering and Technology.
 
The appointment comes amidst major industry-wide changes which provide new opportunities for Global Invacom, a leading global designer, manufacturer and innovator of satellite ground equipment for broadband and Direct-to-Home ("DTH") viewing via satellite and Very-Small-Aperture Terminal ("VSAT") equipment.
 
Global Invacom, which holds 71 patents and has 49 pending applications, intends to leverage on Mr Burrell's industry experience to expedite product development amidst increased global adoption of VSAT applications even as the industry undergoes a once-in-a-decade transition to Digital Channel Stacking Switch ("DCSS") technology.
 
Tony Taylor, Executive Chairman of Global Invacom, commented:
 
"We are delighted to appoint Malcolm as CTO of Global Invacom. He has been an Executive Director of the Group since 2010 and his first-class understanding of the technologies behind Sat Comms equipment has been instrumental in our ongoing R&D and will ensure that we continue to launch market-leading products to meet the demands and requirements of our customers.
 
Global Invacom has been improving internal efficiencies and its product pipeline amidst major changes in the operating environment. Even in remote areas, consumers want fast internet access and high-resolution content. To seize these opportunities decisively, we want to tap into the R&D and product leadership of a CTO with the calibre of Malcolm."
 
- End of release -
 
 
 
For further information, please contact:
 




Global Invacom Group Limited


www.globalinvacom.com




Matthew Garner, Chief Financial Officer


Tel: +65 6431 0782
Tel: +44 203 053 3523




 


 




finnCap Ltd (Nominated Adviser and Joint Broker)


www.finncap.com




Christopher Raggett / Simon Hicks (Corporate Finance)


Tel: +44 207 220 0500




 


 




Mirabaud Securities LLP (Joint Broker)


www.mirabaud.com




Peter Krens (Equity Capital Markets)


Tel: +44 207 878 3362




 


 




WeR1 Consultants Pte Ltd (Singapore Investor Relations)


www.wer1.net




Ian Lau / Roshan Singh


Tel: +65 6737 4844




ianlau@wer1.net / roshansingh@wer1.net


 




 


 




Vigo Communications (UK Media & Investor Relations)


www.vigocomms.com




Jeremy Garcia / Fiona Henson


Tel: +44 207 830 9701




ginv@vigocomms.com


 




 
 
About Global Invacom Group Limited
Global Invacom is a fully integrated satellite equipment provider with six manufacturing plants across China, Israel, Malaysia, U.K. and the U.S. Its customers include satellite broadcasters such as BSkyB of the U.K. and Dish Network of the U.S.A.
Global Invacom provides a full range of antennas, LNB receivers, fibre distribution equipment, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in military, medical, and consumer electronics industries. Following the acquisition in 2015 of Global Skyware, a leading US-based designer and supplier of satellite antennas products and services, the Company became the world's only full-service outdoor unit supplier.
 
Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.
 
For more information, please refer to www.globalinvacom.com 




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