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Simon Duffy Joins mBlox Board.


Leading Industry Figure Becomes Chair of Audit Committee

LONDON & SUNNYVALE, Calif. -- mBlox, the world's largest mobile transaction network, today announced that Simon Duffy has joined the company's board of directors as chair of the audit committee. Previously CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and executive vice chairman of NTL NTL Nevertheless
NTL National Transportation Library
NTL Norsk Tjenestemannslag
NTL National Training Laboratories
NTL Never Too Late
NTL Nothing to Lose
NTL National Training Laboratory
NTL None the Less
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, the UK fixed network operator, he held senior roles at Orange, EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC.  and Tiscali and has served on the boards of several major public companies listed in London and New York. Duffy brings to this role a great depth of board level financial experience, operational and transactional expertise, and familiarity with the European media, entertainment and telecommunications industries. His arrival on the mBlox board is a key building block in the company's continued global expansion and success.

With a strong financial background with public companies in both the US and the UK markets, Duffy joined NTL in 2003 as chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 and became president and CEO; most recently he was executive vice chairman. At NTL he led the purchase of Virgin Mobile to complete the company's quadruple-play portfolio. Prior to this, Duffy was chief financial officer of Orange SA having also previously held the position of CEO at End2End, a wireless data company based in Denmark.

Duffy was also CEO and deputy chairman at World Online, where he led the Internet service provider Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
 through IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  and its subsequent multi-billion euro sale to Tiscali. Prior to this, he spent eight years at EMI Group where he was group finance director and deputy chairman. He holds an MA from Oxford University and an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. .

Duffy's other public board experience includes the chair of the Audit Committee at Imperial Tobacco, listed both on the London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
 and the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
, and with GWR Group, Gartmore and Berisford. Most recently, he has become executive chairman of QXL ricardo plc and non-executive director at overseas operators Oger Telecom and Cell C.

"With our leading position in mobile transaction network services across Europe and the US now established, it is crucial that we have the right people on board to drive forward the next phase of our growth," said Andrew Bud, executive co-chairman of mBlox. "I am delighted that Simon has joined our board, bringing his extensive experience of public markets and his impressive depth of expertise across the media, mobile and fixed-line telecoms industries."

Chairman of the mBlox board, Gary Cuccio added: "Simon will make a most important contribution to the mBlox board, broadening our core of non-executive skills and extending its geographic base. His experience of operating business across multiple territories and jurisdictions, and driving them through many phases of growth will be very valuable in this next phase of our growth."

Commenting on his new role, Duffy said: "I am delighted to be joining the mBlox board at this exciting point in its growth. I look forward to contributing my experience to the substantial industry expertise already within the company. The opportunity to help build a world-leading company into a major global corporation is a challenge I relish. The mobile transaction marketplace is now rapidly expanding and mBlox is the leading light with a strong and growing global network and proposition."

About mBlox

mBlox is the world's largest mobile transaction network. Specializing in the commercial and technical complexities of mobile payment and message transmission, mBlox is in the business of connecting companies with customers. The result of this dedicated attention to messaging services is that mBlox delivers comprehensive and dependable SMS transport and financial settlement services. With an international network of offices, mature operator relationships and carrier-grade infrastructure, mBlox powers mobile business. mBlox is headquartered in Sunnyvale, California with EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets.  headquarters in London, Asia headquarters in Singapore and offices around the world. For further information visit www.mblox.com.
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Publication:Business Wire
Date:Feb 9, 2007
Words:628
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