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Ann: Director Appointment, page-2

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  1. 2,483 Posts.
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    Gregor Aschoff is the Aussie MD of Medion a multi national German company.

    http://www.medion.com/au/

    "For over 20 years, MEDION AG has operated a business model that consumers and investors alike have found compelling in its simplicity: offering customers functional products of good quality featuring outstanding design and excellent value for money"

    "MEDION stands for inspiring design and innovative technology at an affordable price. From the powerful computer and all-in-one PC, and the netbook and notebook for travels right through to the matching accessories - the MEDION AKOYA hardware products offer cutting-edge design and technology, placing them at the top of the rankings. This is also substantiated by the many accolades and excellent write-ups in trade magazines. Indeed, MEDION AKOYA sets the standard when it comes to performance, quality, features and design. Boasting first-class features like second-generation Intel Core processors, NVIDIA Optimus technology, Bluetooth, Dolby sound, USB 3.0 and LED backlighting, the MEDION notebooks and PCs offer the right specification for every requirement. And for gamers, too, MEDION has something to offer. The MEDION ERAZER gamer PCs deliver all the power you can handle. State-of-the-art technologies are par for the course. There is a great choice at MEDION and the value for money is unbeatable. You just need to know what you want."

    Obviously he has the background to be a very useful addition to the Board. One area where Corum can significantly grow their business in the regard to the supply of hardware to its clients. Pharmacies have been really holding back on system upgrades in recent years so there is going to be an opportunity to meet this need as their current hardware needs replacing (obsolescence and fully depreciated assets) . With Corum also recently striking a deal with Dell and the appointment of this new director it shows to me this is an area they are targeting.

    Aschoff already had a small shareholding in Corum.

    I don't think we can read anything into the short term appointment of George Tonuri as acting CEO (ending June 30th) or the appointment of Gregor Aschoff as an indicator that there is M & A activity in the wings?
 
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