SatCom Group Holdings plc AIM : SGH

January 08, 2007 02:03 ET

SatCom Group Holdings plc:Board Appointment

LONDON, UNITED KINGDOM--(CCNMatthews - Jan. 8, 2007) - SatCom Group Holdings plc (AIM:SGH), a reseller of mobile satellite communications, today announces the appointment of Stephen Michael Austin as a Non-Executive Director of the Company with immediate effect.

Stephen practised corporate law for ten years prior to moving into corporate finance in 2001. He was a Director of Corporate Finance at Teather & Greenwood Limited before moving to Libertas Capital Group plc, where he was Head of Corporate Broking. Stephen has now formed a specialist corporate broker called Hybridan LLP.

Commenting on the appointment, Mark White, CEO of SatCom said, "We are delighted to welcome Stephen to the Board of SatCom and are sure that his combination of legal and corporate finance skills will be an invaluable addition to the Board."

Stephen Austin, aged 39, currently holds the following Directorships and Partnerships:

Austin Noyce Limited
Hybridan LLP

There are no further details to be announced pursuant to Schedule 2(g) of the AIM Rules for Companies.