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Symstream Today Announced the Appointment of Terry Rhodes as Director

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Symstream Today Announced the Appointment of Terry Rhodes as Director

MELBOURNE, Australia, Sept. 26 /PRNewswire/ -- The Board of Symstream Technology Groups Ltd is pleased to announce the appointment of Terry Rhodes as a Director of the company.

Terry has over 25 years experience of the telecoms industry in developed and developing countries. He was one of the pioneers of the mobile industry, as part of the senior management team in the mid 1980s at what is now 02 in the UK. He then joined Cable & Wireless, where his role included work on international mobile startups such as MTN in South Africa and Optus in Australia.

In 1998 Terry co-founded Dutch based Celtel International BV, the Pan African cellular operator with 30 million customers across 15 countries, which was sold to MTC Kuwait, now Zain, for USD $3.4 billion in 2005.

Terry is now an investor and advisor to several companies operating in developing countries. He is also an occasional lecturer at London Business School, where he was Entrepreneur in Residence in 2007. Terry is a British citizen living in Amsterdam, The Netherlands.

Chairman, Michael Neistat, said: "We are extremely excited to have attracted to our Board a person of the caliber and skill of Terry Rhodes. Terry brings extensive Telecoms experience to our Board, which complements the skill sets of our other Board members in the areas of Information Technology, financial services and general management".

About Symstream Technology Group Ltd

Symstream Technology Group Ltd develops and commercialises wireless telecommunications applications and services. The company has launched a revolutionary new, secure wireless telecommunications protocol, Symstream(TM). With the ability to be rolled out across existing GSM/3G networks in over 200 countries, Symstream(TM) is positioned to become a global standard.

The first adopter of the Symstream(TM) technology is the financial transaction sector, Banks and other financial service providers use Symstream's standardised, reliable, fast and low cost wireless service to connect their fleets of ATMs, EFTPOS machines and kiosks, cost effectively utilising existing GSM/3G network infrastructure.

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

Symstream(TM) is a trademark of Symstream Technology Group Ltd. All other company or product names are trademarks of their respective holders.

Contact: Asti Saraswati, asti.saraswati@symstream.com, +61.395.682.622

SOURCE Symstream Technology Group Ltd

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