Falcon Media House Limited New Non-Exec Directors Appointed to the Board (0155U)
October 19 2017 - 2:00AM
UK Regulatory
TIDMFAL
RNS Number : 0155U
Falcon Media House Limited
19 October 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA
OR JAPAN.
19 October 2017
Falcon Media House Limited
("Falcon" or the "Company")
New Non-Exec Directors Appointed to the Board
Falcon Media House (LSE:FAL), the global digital media group
focused on the OTT video market, is pleased to announce the
appointments of Mr. Edgar Wallner and Mr. Dirk Wiedmann as
non-executive directors to the Board with immediate effect.
Mr. Wallner has vast experience across a range of businesses
from large, publicly listed multi-nationals, to early stage private
companies. He was previously President and CEO of Orthofix
International, a medical device manufacturer, the acquisition of
which he led in 1987 and which was subsequently listed on Nasdaq in
1992. During his presidency, annual sales rose from $7 million to
$286 million. He also spent many years at Boots as Director of
European Operations and Director of Overseas Companies
Operations.
Latterly, he has provided his expertise and experience to
several early stage private companies across business sectors as a
director and mentor, including Quiptel, which was acquired by
Falcon in March 2017. He is also Chairman of National Angels, an
organisation he set up with the purpose of transferring productions
from the subsidised National Theatre to commercial theatre,
returning most of any profit to the originating theatre; notable
successes include The History Boys, War Horse and One Man Two
Guvnors.
Mr. Wiedmann also joins the Board and brings a wealth of finance
experience. Throughout a distinguished 30-year career working for
leading international institutions, Mr. Wiedmann has held numerous
senior executive positions, including Global Head of Investments
& Chief Investment Officer at Rothchild Bank, Global Head
Research and Head Advisory at Julius Bär Bank, as well as several
senior positions inside UBS AG. Today, Mr. Wiedmann owns and
operates Dirk Wiedmann Investment & Consulting, with mandates
to strategically advise clients globally, and Mr. Wiedmann is also
a director of Duxton Water Limited, which is listed on the
Australian Stock Exchange ("ASX").
Speaking on Mr. Wallner's and Mr. Wiedmann's appointments,
Falcon Chairman Gert Rieder, commented, "We're delighted to welcome
Edgar and Dirk to the Board at this intense and exciting time as we
cement relationships with leading global companies in the sector
and focus on accelerating revenues. Edgar's hugely impressive track
record of scaling successful businesses, working internationally
and developing effective teams will be of great benefit to Falcon
for the next phase of our growth". Mr. Rieder continued, "An
important part of any successful company is to intelligently manage
and maximise your assets. Dirk's incredible background in
delivering strategic advice on a global basis will help Falcon to
thrive with control".
Mr. Wallner said, "I am delighted to join the board of a company
which has a unique technology capable of transmitting high
definition digital content at lower bandwidths than is currently
possible. I know that it has imaginative and expert management and
am sure that this team will make Falcon a leader in its field."
Mr. Wiedmann added, "The scale of the opportunity in OTT is
huge, and Falcon, primarily through its patented suite of software
technologies, is really well positioned to succeed. I am thrilled
to contribute my part on this journey, and support the exceptional
team at Falcon to accelerate faster."
Mr. Wallner is interested in 4,641,901 ordinary shares and
2,680,922 preference shares in the Company (including those held by
Lucy Argo, an immediate family member). Mr. Wiedmann holds
3,525,000 ordinary shares in the Company.
No further information is required to be disclosed pursuant to
the Listing Rules.
**ENDS**
For more information visit www.falconmediahouse.com or enquire
to:
Falcon Media House Limited
Gert Rieder info@falconmediahouse.com
About Falcon Media House
Falcon Media House (LSE:FAL) is a global digital media group,
powering the new paradigm in media entertainment for intelligent
streaming of live and on-demand video. Its goal is to create an
ecosystem where great technology meets great entertainment and
delivering the right audience. The Group is capitalising on
explosive demand for digital video, streamed "live" and
"on-demand", known as the Over-The-Top (OTT) video streaming
market. Falcon Media House focuses on Technology, particularly
Quiptel's innovative patented software enabling "intelligent
streaming" on any network to any device, bridging the "last mile"
while dramatically improving Quality of Service (QoS) and Quality
of Experience (QoE), and Media that provides brands, creators and
rights-holders with exclusive and unique content for a global
audience.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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