eServGlobal appoints John Conoley to the Board as Executive Chairman

– FRANCE, Paris – eServGlobal (AIM:ESG / ASX:ESV) ), the provider of end-to-end mobile financial services to emerging markets, announces the appointment of John Conoley as Executive Chairman of the Company.

John Conoley is based in the UK and has been a Non-executive Director of the Company since April 2013. The Board believes that it needs to provide executive support for Stephen Blundell (Chief Operating Officer) and the management team.

John has been a successful CEO of a publicly listed company (Psion plc.) and has established relationships with a number of eServGlobal’s major UK shareholders. John has significant experience of operational and strategic leadership in the IT and Telecommunications sector, particularly around direct and indirect sales channels, change management and strategy development.

The Board believes that the combination of an Executive Chairman and Chief Operating Officer is currently the appropriate leadership team for the Company and will therefore be discontinuing its search for a new Chief Executive Officer in 2015.

Duncan Lewis will continue to act as a Non-executive Director of the Company.

About eServGlobal

eServGlobal (AIM: ESG, ASX: ESV) offers mobile money solutions which put feature-rich mobile financial services at the fingertips of users worldwide, covering the full spectrum of mobile wallet, mobile commerce, recharge, promotions and agent management features. eServGlobal invests heavily in product development, using carrier-grade, next-generation technology and aligning with the requirements of more than 65 customers in over 50 countries.

eServGlobal also builds on its extensive experience in the telco domain to offer a comprehensive suite of sophisticated, revenue generating Value-Added Services to engage subscribers in a dynamic manner. eServGlobal is partnering with MasterCard and BICS to build the HomeSend joint venture, the market leading international remittance hub service based on eServGlobal technology and enabling mobile money transfer in over 50 markets. eServGlobal has been a source of innovative solutions for mobile and financial service providers for 30 years.

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