Keith Phillips takes on Chairman role at Cadmus

Keith Phillips takes on Chairman role at Cadmus

Cadmus Technology Limited (NZSE: CTL) today advised that Keith Phillips will take over the role of Chairman at the company.

Keith has been an independent director of Cadmus for the last thirteen months. He has been associated with the growth and development of a number of technology companies, both internationally and in New Zealand, including Apple, UK and USA, Terabyte Interactive, IT Capital and Deep Video Imaging.

According to Mr Phillips, Cadmus has substantial growth potential in international markets – especially the Asia Pacific region - and is able to take advantage of New Zealand’s superior expertise in payment solutions.

“Management has worked hard over the past year to position the company for international growth,” says Mr Phillips. “With its strong focus on product development and manufacturing, the team is well placed to fulfill all of the sales orders received in the past 3-6 months.”

Most recently Keith was Managing Director of IT Capital. He has also been a 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. He is also presently active in developing ‘Innovation Harbour’, positioning Auckland’s innovation for the global marketplace.

“We look forward to Keith’s leadership at a time when we are ready for significant domestic and international expansion,” says Cadmus Managing Director, Ian Bailey. “He has a tremendous amount of international business experience and will be able assist greatly as we expand and move into new high growth markets.”
ENDS About Cadmus Cadmus Technology Limited designs, develops and implements innovative point-of-sale payment solutions for merchant businesses worldwide. The company is moving towards being New Zealand’s largest manufacturer and exporter of payment terminals, which it sells into rapidly growing markets internationally.

The company offers clients several categories of payment and data management solutions, including EFTPOS and data capture terminals, loyalty programmes and customer relationship management solutions. Cadmus also provides end-to-end payment solution and data management services for retail, business payment and transactional processing requirements.

Clients include Bank of New Zealand, WestPacTrust, TAB, Wellington Combined Taxis, Bartercard Australia Pty Ltd, OnQ Business Systems Pty Ltd and PaySys Malaysia.

For more information, please visit http://www.cadmustechnology.com

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