AUCKLAND – 07 August, 2001 – Payment systems specialist, Cadmus Technology Ltd (NZSE: CTL) has appointed Keith Phillips
as an independent Director to its Board.
“Mr Phillips is a welcome addition to our Board with his substantial management and marketing experience,” says Cadmus
Managing Director, Ian Bailey. “A proven leader in the marketing and financial sectors with global experience in the
technology industry, Mr Phillips brings a solid understanding of successful company expansion into high growth
international markets.”
“Mr Phillips will provide a good balance to the company’s board – following the recent appointment of Mr Robert
Parkinson to Independent Director - as we continue to grow our market presence locally and develop our international
base.”
Keith is a Director of technology companies and has held various executive and financial positions, including most
recently being Managing Director of IT Capital, which he successfully built to be one of New Zealand’s leading venture
capital companies.
He has also been Managing Director for Telecom Equipment Supplies and Managing Director for Terabyte Interactive – the
latter he developed into New Zealand’s largest new media company and successfully sold to Rupert Murdoch’s NZ based
company, INL.
Keith has been a Managing Director for Apple Computers Inc. (UK), Director of Marketing for Apple Computers Inc. (USA),
and an International Marketing Manager for Gillette (Africa, Middle East and Eastern Europe).
Keith is presently active in developing “Innovation Harbour”, a means of positioning Auckland’s innovation for the
global marketplace.
He has a Business Science (Honours) degree major in Business, Economics and Marketing.
Cadmus, via its 50:50 Joint Venture with Trustpower (POS Power), recently announced the successful trial of the world’s
first debit / credit domestic payment terminal system.
ENDS
Company Background
Cadmus Technology Limited is an end-to-end payment solution and data management services provider. It operates a number
of unique interfaces into the NZ EFTPOS infrastructure enabling the capture and processing of information relating to
customer spend, as well as the processing of in-house and private label cards.
Clients include the Vodafone Warriors Rugby League, Bartercard, Stihl, Trustpower, and many of the major motor vehicle
importers and distributors.
Cadmus has a 50% interest in POS Power Limited, via a joint venture agreement with Trustpower, a 50% interest in a joint
venture with E-Smart Card Technologies Limited and a 4.55% strategic shareholding in Insight Technologies (Asia Pacific)
Pty Limited.
For more information, please visit www.cadmus.co.nz