SQS Software Quality Systems AG Board Changes (2452I)
May 28 2014 - 8:54AM
UK Regulatory
TIDMSQS
RNS Number : 2452I
SQS Software Quality Systems AG
28 May 2014
For immediate release 28 May 2014
SQS Software Quality Systems AG
("SQS" or the "Company")
Board Changes
SQS Software Quality Systems AG (AIM: SQS), the world's largest
supplier of independent software testing and quality management
services, is pleased to announce the appointment of Lothar Pauly to
its Supervisory Board (the "Board"). Additionally Peter Bölter was
appointed as an employee representative to the Supervisory Board,
according to German company law.
Mr. Lothar Heinrich Andreas Pauly, aged 55, is the owner and
Managing Director of Lothar Pauly Management Consulting. Mr. Pauly
is also currently a Director of Bakcell, Mobiserve, B2X and was
formerly a Director of Mobixell until its sale to Flash
Networks.
Mr. Peter Gerhard Siegfried Bölter, aged 55, is a Delivery
Manager at SQS, and also the President of intacs e.V.. Mr. Bölter
has worked at SQS since 1988 in a number of roles and brings a
wealth of experience in testing, quality assurance and quality
management. Mr. Bolter owns 7,129 Ordinary Shares of 1 Euro each in
SQS, representing 0.02% of the issued share capital of the
Company.
Save as disclosed above, there are no other details to be
disclosed regarding Mr. Bölter and Mr Pauly's respective
appointments under paragraph (g) of Schedule 2 of the AIM
Rules.
Prof. Werner Mellis, the chairman of the Board and member of the
Board since 1999 was not seeking re-election at the Company's
upcoming AGM. The Board would like to thank Prof. Mellis for his
contribution to the Company and wish him well for the future.
Consequent to this, the Board is pleased to announce the
appointment of David Bellin as Chairman and Lothar Pauly as Vice
Chairman of the Board.
In addition, SQS announces today that Matthias Baunach was not
re-elected as employee representative and will leave the Board
after the Company's upcoming AGM. The Board would like to thank Mr.
Baunach for his contribution to the Company and wish him well for
the future.
For further information please contact:
SQS Software Quality Systems Tel: +49 (2203) 91
AG 54 0
Diederik Vos, Chief Executive
Officer
René Gawron, Chief Financial
Officer
Canaccord Genuity - Nomad Tel: +44 (0) 20 7523
and Joint Broker 8000
Simon Bridges / Peter Stewart
/ Cameron Duncan
Westhouse Securities - Joint Tel: +44 (0) 20 7601
Broker 6100
Robert Finlay / Antonio Bossi
/ Paul Gillam
Walbrook PR Limited Tel: +44 (0) 20 7933
Bob Huxford / Helen Westaway 8780
About SQS
SQS is the world's leading specialist in software quality. This
position stems from over 30 years of successful consultancy
operations. SQS consultants provide solutions for all aspects of
quality throughout the whole software product lifecycle driven by a
standardised methodology, offshore automation processes and deep
domain knowledge in various industries. Headquartered in Cologne,
Germany, the company now employs approximately 3,900 staff (incl.
Thinksoft). SQS (incl. Thinksoft) has offices in Germany, the UK,
Australia, Egypt, Finland, France, India, Ireland, Malaysia, the
Netherlands, Norway, Austria, Singapore, Sweden, Switzerland, South
Africa, UAE and the US. In addition, SQS maintains a minority stake
in a company in Portugal. In 2013, SQS generated revenues of 225.8
million Euros.
SQS is the first German company to have a primary listing on the
AIM (Alternative Investment Market) in London. In addition, SQS
shares are also traded on the German Stock Exchange in Frankfurt am
Main.
With over 7,000 completed projects under its belt, SQS has a
strong client base, including half of the DAX 30, nearly a third of
the STOXX 50 and 20 per cent of the FTSE 100 companies. These
include, among others, Allianz, Beazley, BP, Centrica, Commerzbank,
Daimler, Deutsche Post, Generali, JP Morgan, Meteor, Reuters, UBS
and Volkswagen as well as other companies from the six key
industries of SQS
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOASEDFEAFLSEII
-1x Square (LSE:SQS)
Historical Stock Chart
From Jun 2024 to Jul 2024
-1x Square (LSE:SQS)
Historical Stock Chart
From Jul 2023 to Jul 2024