GEO
05/05/2015 08:30
OFFICE
NOT PRICE SENSITIVE
REL: 0830 HRS GeoOP Limited
OFFICE: GEO: Acceleration Plan to Profit
GEOOP LIMITED (NZX:GEO)
ACCELERATION PLAN TO PROFIT
Tuesday, 5 May 2015
GeoOp, the workforce management software company, today announces a new
Product team.
After posting strong sales and customer growth for the year ended 31 March
2015, GeoOp's strategy and structure are being streamlined to create a
stronger focus on its customers and their use of GeoOp's products. Combined
with a lean operating model, this enhanced approach is at the centre of a
Board approved plan that will accelerate the path to profitability.
Anna Cicognani, Chief Executive of GeoOp said "Our plan involves a leaner
operation, focusing on product enhancements and faster release cycles for our
customers. At the centre of this strategy is the new Product team led by one
of the GeoOp's founders, Brendan Cervin. This team is dedicated to making
our product better, and improving customers' experience with our
application."
The Company remains on track with original disclosure documentation. With
the new CEO in place, GeoOp will shortly look to raise additional capital.
No firm amount or structure has yet been determined.
As part of the organisational realignment, CTO/CIO, Jamie West, and CMO, Tim
McFarlane, will depart the organisation on 4th August 2015. GeoOp thanks
Jamie and Tim for their significant contributions to the team.
- ends -
For more information please contact:
Stewart Reynolds
Chief Financial & Operating Officer
Email: [email protected]
Bryony Hampton
Content and Communications Manager
Email: [email protected]
About GeoOp Limited www.geoop.com
GeoOp Limited is a New Zealand-based software company that offers complete
job management to businesses all over the world and it's neatly wrapped into
a low cost, easy to use service with premium support.
GeoOp supports businesses in their journey to find more time for the
important things; providing intuitive software for devices that are already
in the hands of field workers.
End CA:00263877 For:GEO Type:OFFICE Time:2015-05-05 08:30:37
