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IND - Indigovision News Story

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Last Trade - 12/06/20

Sector
Technology
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £35.7m
Position in Universe th / 1827

IndigoVision Group - Appointment of Chief Executive Officer

Tue 9th January, 2018 7:00am
RNS Number : 2793B
IndigoVision Group PLC
09 January 2018

9 January 2018

IndigoVision Group plc ("IndigoVision", the "Company" or the "Group")

Appointment of Chief Executive Officer

Further to the announcement made on 24 November 2017, IndigoVision is pleased to announce that Pedro Simoes has been confirmed as Chief Executive Officer of the Company and has joined the Board as an executive director with immediate effect.

Pedro, who was initially appointed as the Company's Senior Vice President - Global Sales in October 2017 and took over as Interim Chief Executive Officer in November, is an experienced global sales leader in the security industry, with over 13 years experience in the sector, and prior to joining the Group he spent nearly six years with Avigilon Corporation (TSX: AVO) where he was ultimately responsible for leading its Global salesforce and driving revenue worldwide.

George Elliot, Chairman, commented:

"I am delighted to be able to announce Pedro's appointment as Chief Executive Officer of IndigoVision. We believe he is the right leader to drive the Group's sales and increase profitability by focussing on innovative security solutions for our customers."

Pedro Vasco Tadeu Felix Simoes (aged 41) is interested in 15,000 shares in IndigoVision, representing 0.2 per cent. of the current issued share capital of the Company. There is no further information to be disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.

For further information please contact:

IndigoVision Group plc

George Elliott, Chairman

Chris Lea, CFO +44 131 475 7200

N+1 Singer, Nominated Adviser

Sandy Fraser +44 207 496 3000

Media Enquiries:

Charlotte Street Partners

Malcolm Robertson +44 7788 567680

About Indigovision

IndigoVision is a leader in the design and supply of high performance, highly-intelligent video security systems for security installations of differing sizes and complexity. From video capture and transmission to analysis and storage, IndigoVision's networked video security systems provide the best quality and most secure video evidence, using market leading compression technology to minimise bandwidth and reduce storage costs.

IndigoVision's technology is ideally suited for use in mission critical facilities such as government, oil and gas, transport, cities, industry, education, police, prisons and casinos to improve public safety, protect assets, develop organisations' operational efficiency and support law enforcement.

IndigoVision has sales and support teams in 23 countries and operates through 18 regional centres, in Edinburgh, London, Paris, Amsterdam, Dusseldorf, Johannesburg, Dubai, Mumbai, Singapore, Macau, Shanghai, Sydney, Mexico City, Toronto, Bogot, New Jersey, Buenos Aires and Sao Paulo.

IndigoVision partners with a network of some 1,000 trained and authorised IndigoVision resellers to provide local system design, installation and servicing to IndigoVision's system users.


This information is provided by RNS
The company news service from the London Stock Exchange
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