PEACHES AG
PEACHES AG: Reinhold M. Sigler is Member of the Management Board at PEACHES AG
PEACHES AG / Key word(s): Strategic Company Decision/Restructure of Company
Long-planned management changeover at PEACHES AG on July 1, 2013
Reinhold M. Sigler has been appointed as sole Member of the Management Board of PEACHES AG in Wiesbaden in addition to his duties as sole Managing Director of Peaches Group (PEACHES Mobile GmbH, PEACHES Systems GmbH, REA Mobile GmbH and PEACHES Mobile Ltd.). Mr. Sigler started working for the Wiesbaden-based group in December 2011 when he undertook an analysis of its member companies. In February 2012, he then assumed responsibility as Managing Director for the large-scale restructuring and realignment of PEACHES Mobile GmbH, PEACHES Systems GmbH and REA Mobile GmbH. After the conclusion of operational measures, he has now been assigned control of all companies with immediate effect and is pressing ahead with the process of internationalization that has been initiated. ‘Over the past 15 months, we have successfully launched our new business focus of prepaid services via apps, mobile web and internet as a white label co-branded solution. In addition to Isoptera, our technological platform for prepaid services that was developed 100% in-house, we will also sustain our activities in the field of mobile payments. I am looking forward to working with a strong team and experienced SVPs on strengthening the impressive position Peaches Group has established for itself worldwide,’ says Mr. Sigler. About the PEACHES GROUP: The group has real-world experience in the field of mobile payments and positions itself as a mobile payment acquirer featuring an in-house mobile payment platform. Peaches also acts as a reseller (PSP, payment service provider) for the mpass mobile payment service of Telekom, Vodafone and O2. The Peaches Group also provides prepaid top-up services. The Wiesbaden-based group of companies also runs an in-house prepaid service platform under the prelado prepaid anytime & anywhere brand, which offers users a real-time mobile telephone top-up service that can be accessed via app, the mobile web, and the internet. A free, provider-neutral prepaid current balance display is also available via an app (Android & iOS). This prepaid service is available from PEACHES Mobile GmbH as a white label solution for interested partners. The full-service offering, including airtime, payment processing, and a payment guarantee, is run wholly in the partner’s CI/CD. The Peaches Group includes PEACHES Systems GmbH, PEACHES Mobile GmbH, REA MOBILE GmbH and PEACHES Mobile Ltd., which are subsidiaries of PEACHES AG. End of Corporate News 03.07.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
219691 03.07.2013 |