SOURCE: Elephant Talk Communications

March 30, 2010 10:54 ET

Elephant Talk Communications Appoints Mr. Phil Hickman to Board of Directors

Mr. Hickman Spent 32 Years at HSBC Bank plc Creating Change Through Innovation

SCHIPHOL, NETHERLANDS--(Marketwire - March 30, 2010) -  Elephant Talk Communications, Inc. (OTCBB: ETAK), an international provider of business software and services to the telecommunications and financial services industry, today announced it has appointed Mr. Phil Hickman to its Board of Directors.

Mr. Hickman most recently served as the Chairman of ValidSoft Limited, now a member of the Elephant Talk Communications Group. He currently serves as a Director of Alfa Bank Holdings, the largest privately-owned bank in Russia and part of the Alfa Group. He manages his own consultancy and advisory business in the fields of corporate strategy and organization, offshore banking, business process outsourcing, payment & cash management solutions, and internet and telephony security.

Mr. Hickman spent 32 years in HSBC Bank plc. Prior to leaving HSBC, he served as the Head of Strategy & Planning for the Commercial Bank. He has been responsible for developing and implementing many areas of change and innovation for HSBC and other companies around the world.

"We are pleased that Mr. Hickman will be joining the Board of Directors," commented Mr. Steven van der Velden, Chairman and CEO of Elephant Talk. "He possesses a wealth of experience and knowledge in management, business leadership and is a leader in the banking industry, all of which make him a valuable addition to the Board. His many years of business experience in working with boards of directors and senior management, will contribute significantly to the success of Elephant Talk. We expect his input and guidance will have a positive impact on our company as we continue to execute on our strategy for growth."

"Worldwide delivery channels are rapidly changing and the mobile technology platform and software that Elephant Talk provides will be at the forefront of this evolution," stated Mr. Phil Hickman. "After serving as Chairman of ValidSoft it is exciting to now be a part of Elephant Talk and I look forward to my role as a Director. With my wide experience across both Retail and Corporate Banking, I believe I can assist the company in identifying multiple opportunities for new mobile applications and solutions designed for the financial service sector and other industries."

About Elephant Talk Communications, Inc.

Elephant Talk Communications, Inc. (OTCBB: ETAK) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information visit http://www.elephanttalk.com/

Contact Information

  • Contact
    Elephant Talk Communications, Inc.
    Mr. Steven van der Velden
    Tel: + 31 20 653 5916
    Email: Email Contact

    Investors:
    Alliance Advisors, LLC
    Thomas P. Walsh
    Tel: +1 212-398-3486
    Email: Email Contact