GEO geo limited ordinary shares

Ann: QUARTER: GEO: New director and operating update at 30 June 2014

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    • Release Date: 25/07/14 15:13
    • Summary: QUARTER: GEO: New director and operating update at 30 June 2014
    • Price Sensitive: No
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    					GEO
    25/07/2014 15:13
    QUARTER
    
    REL: 1513 HRS GeoOP Limited
    
    QUARTER: GEO: New director and operating update at 30 June 2014
    
    GEOOP LIMITED (NZX:GEO)
    Operating update for the three months ended 30 June 2014
    
    AUCKLAND, Friday, 25 July 2014
    
    GeoOp welcomes a new director and operating update
    
    New director
    GeoOp is pleased to announce that Richard Suhr, a Director of Google's
    Enterprise Mapping Division has agreed to join its Board.  Richard brings
    extensive expertise in leading high-growth software and service companies and
    has proven performance in the acceleration of sales and marketing outcomes
    for global businesses.
    
    Mark Weldon, Chairman of GeoOp said, "the Board is extremely pleased to
    welcome Richard as a Director. Richard brings a wealth of experience in
    international markets, in collaborative and partnership selling of digital
    products, in product leadership, and SaaS strategy. The Board looks forward
    to working closely with Richard on GeoOp's global go-to-market strategy and
    is thrilled to have his experience and energy as a part of the team."
    
    Commenting on joining GeoOp, Richard said, "I'm excited about the opportunity
    to work with an innovative NZ company that is taking on the multi-billion
    dollar market opportunity around location. Across the world businesses are
    starting to release the value of spatial information, and I'm convinced that
    location services will be the next huge growth market".
    
    "I love really big ideas that we can nurture and grow here in NZ, but have
    the potential to address truly global markets. GeoOp is pioneering exactly
    that kind of market opportunity to help businesses connect location, staff
    and workflow in the new mobile economy".
    
    Richard has 20 years experience working with large-scale, enterprise
    technology partnerships. Richard is currently the Director of Google's
    Enterprise Mapping Division in Japan and Asia Pacific, having established the
    Enterprise Division in the region over the last eight years.  Google
    Enterprise is a separate operating division within Google Inc. The division
    is responsible for selling Google's consumer technology to business,
    government and education customers.  Prior to Google, Richard has worked for
    Accenture and Bearing Point in NZ, Australia and the UK. Richard led
    consulting practices across Government and Financial Services. Outside of
    these roles, Richard runs a technology investment company that supports
    start-ups in the US, NZ and Asia. Richard is also a Director of Cricket
    Wellington.
    
    Operating Update
    As at June 30, GeoOp reports paying users of 9,422.  This represents an 18%
    growth from GeoOp's previous quarter ended March 31, 2014 of 8,006.
    
    Total licenced users increased by 1,845 to 11,354.  This represented a 19%
    increase on the previous quarter ended March 31, 2014 of 9,509 and a 233%
    increase on June 30, 2013 of 3,400.
    
    For more information please contact:
    Stewart Reynolds
    Email: [email protected]
    
    About GeoOp Limited www.geoop.com
    
    GeoOp Limited, the New Zealand-based mobile workforce management company
    globally empowering trades and services businesses to create efficient
    business processes.
    
    GeoOp Limited provides a cloud based solution for trades and services that
    replaces inefficient, paper-based systems with a simple way to accurately
    create, assign, cost, quote and invoice jobs while in the field.
    End CA:00253120 For:GEO    Type:QUARTER    Time:2014-07-25 15:13:34
    				
 
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