Wednesday, December 5, 2012

Myriad Group Appoints New CEO and Restructures Operations

ZURICH, SWITZERLAND--Myriad Group AG (SIX Swiss Exchange: MYRN), the company powering billions of rich mobile social and web experiences on any connected device, today announced Stephen Dunford has been appointed Chief Executive Officer of Myriad Group with immediate effect. Stephen Dunford has a long track record of building value within telecoms software and services businesses. Most recently he was CEO at Spectrum Motion Media. He has previously held CEO, Chairman and Board Member roles for X-Cell Communications, Elata Ltd, Celltick Technologies, WDS Global and mobile messaging specialist Alamein.


Erik Hansen, Chairman of Myriad Group AG, commented: “We are delighted to welcome Stephen as CEO of Myriad. Stephen`s track record of success has been achieved through his strong focus on customer satisfaction, product innovation, and team building – attributes that will be key to Myriad’s future success.”

Myriad Group also announced today that it has continued to consolidate its operations to drive greater efficiency and innovation around its two divisions: Device Solutions and Mobile Services.

The Device solutions Division develops and delivers technology for Mobile Devices and Set Top Boxes on an OEM basis to manufacturers, and the Mobile Services Division develops social messaging products and services for Operators to broaden their services to end-users.

Ed Zylka, previously VP and GM Americas for Myriad Group, will take on the role of SVP and General Manager, Device Solutions Division, reporting directly to Stephen Dunford. Gary Bunney, Chief Operations Officer, has resigned to pursue other interests. Other members of the current senior management team will undertake his duties.

Erik Hansen commented: “On behalf of the Board of Directors and the entire Senior Management team, I would like to thank Gary for his commitment and contribution to the company. We wish him every success in his new business ventures”.

Stephen has a long track record of building value within telecommunications software and services businesses. Most recently he was CEO of Spectrum Motion Media. He serves on the board of Pythagoras Communications, a leading CRM vendor.


About Myriad
Myriad is chosen by leading OEMs and network service providers to power rich mobile social and web experiences – from the most basic to the smartest connected device through a single, scalable platform.

Today, over 2.5 billion mobile users rely on Myriad software. Myriad apps often provide users with their first taste of the Internet, and with our proven technology embedded in every Android device we are on target to help our partners power the next billion users.

We operate worldwide, with offices in Switzerland, France, Germany, UK, USA, Canada, Mexico, India, UAE, China, South Korea, Taiwan, Japan, Philippines, and Australia. Headquartered in Zurich, Switzerland, Myriad is listed on the SIX Swiss Exchange (SIX Symbol: MYRN).
For more information please visit our website: www.myriadgroup.com. You can also follow us on twitter@MyriadGroup and view our YouTube Channel - YouTube.com/myriadgroupmarketing.