ASX ANNOUNCEMENT

NetComm Wireless further strengthens senior management team 13 September 2016 (Sydney): NetComm Wireless Limited (ASX: NTC) is pleased to announce that it has further strengthened its senior management team with the following appointments:
  • Timo Brouwer joins as Chief Operating Officer on 5 October 2016

  • Christopher Last joins as Chief Financial Officer on 31 October 2016

  • Ken Sheridan appointed into the newly created role of Chief Strategy Officer.

Given the strong growth experienced by NetComm Wireless and its evolution into a truly global telecommunications solutions company over the past five years, the Company has created a Chief Operating Officer role to support its continued growth trajectory. NetComm Wireless is pleased to announce that Mr Timo Brouwer has been appointed to this newly created role, and will be responsible for overseeing global sales, marketing, operations and customer support.

Mr Brouwer has a 30-year background in the telecommunications vendor sector. For the past two years, he has been CEO and Director of RFS Australia and a member of RFS' global executive. RFS is a designer and manufacturer of wireless infrastructure solutions. In this role, Mr Brouwer managed 200 staff including R&D/engineering, manufacturing, finance, sales, operations and logistics, and was also responsible for RFS' manufacturing facilities in Australia (Melbourne), US, Germany, China and Brazil.

Prior to RFS, Mr Brouwer was Managing Director of Motorola Mobility Australia, NZ and the Pacific Islands for four years. Before that he had various sales roles at Nortel, Motorola Australia and GEC Plessey Telecommunications and started his career as an engineer at Alcatel Australia.

Commenting on the appointment of Mr Brouwer, NetComm Wireless CEO and Managing Director David Stewart said: "I am delighted to welcome Timo to the NetComm Wireless team. His extensive and impressive track record in telecommunications adds additional operating skills to our already strong team. NetComm Wireless is an Australian company with a truly global footprint. We now have offices in several global locations, as well as an R&D facility recently opened in Florida, USA with a strong development team, alongside our existing facility in Sydney. Timo's experience across engineering, manufacturing, sales and general management disciplines, as well as multiple geographies, perfectly complements our global footprint and supports our growth initiatives."

In addition, NetComm Wireless is pleased to announce the appointment of Christopher Last as Chief Financial Officer. Mr Last has enjoyed a successful career in finance over the past 25 years in Australia and overseas.

His most recent role was as Chief Financial Officer of Heart Research Institute Ltd for the past two years, and prior to that spent five years as Chief Financial Officer of Blackmores Ltd. In addition, Mr Last previously held senior finance roles at Unilever Australasia and Richemont.

Commenting on Mr Last's appointment as Chief Financial Officer, Mr Stewart said: "We're delighted to welcome Chris to the NetComm Wireless team. Chris has had a long and diverse career in finance across chartered accounting, treasury, investor relations and senior finance disciplines. He was a key member of the senior team at Blackmores as it successfully expanded into new international markets and I'm very confident that he will further strengthen our internal finance capabilities as we ramp up the pace of growth at NetComm Wireless."

Having been a key member of the board and management team of NetComm Wireless over the past five and a half years, Mr Ken Sheridan has been appointed to the newly created role of Chief Strategy Officer. This role has been created to support and enhance the Company's ability to pursue multiple global growth opportunities.

Commenting on Mr Sheridan's appointment as Chief Strategy Officer, Mr Stewart said: "Ken has worked very closely with me over the past five and a half years as we designed and led NetComm Wireless' transformation to a leading telecommunications solution business underpinned by a global growth strategy. Freeing Ken up to focus more on strategic initiatives will put us in an even stronger position to continue our growth trajectory and pursue a number of global initiatives."

"NetComm Wireless is a rapidly growing company that is transforming from an Australian business into a large global organisation. With operations in multiple countries, including a second R&D centre now in the US, we have strategically evolved our organisational structure to support this growth. Chris and Timo bring new perspectives to the Company following successful careers at major global organisations, while Ken will continue to guide NetComm Wireless' strategic direction with his intimate knowledge of the business. We have a formidable leadership team now in place to steer NetComm Wireless through its next exciting phase of global growth," added Mr Stewart.

-ENDS- For further information please contact: Investors Media

David Stewart Georgie Morell

CEO and Managing Director Director Media & Communications, Market Eye

P: +61 2 9424 2000 P: +61 438 008 383

David.stewart@netcommwireless.com E: georgie.morell@marketeye.com.au

About NetComm Wireless

NetComm Wireless Limited (ASX: NTC) is a leading developer of innovative broadband products sold globally to major telecommunications carriers, core network providers and system integrators.

For 34 years NetComm Wireless has developed a portfolio of world first data communication products and is a respected global provider of 3G and 4G wireless devices servicing the major telecommunications carrier, Machine-to-Machine (M2M) and Fixed Wireless markets. NetComm Wireless' products are designed to meet the growing needs of today's data-intensive home, business and industrial broadband applications and customised to optimise performance in line with global network advancements.

Headquartered in Sydney, Australia, NetComm has offices in New Zealand, North America, Japan and Europe. For more information about NetComm Wireless visit: www.netcommwireless.com

Netcomm Wireless Ltd. published this content on 13 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 September 2016 03:25:08 UTC.

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