Inactive Instrument

Symbio Holdings

Equities

SYM

AU0000190167

MNF Group Ltd (ASX:MNF) Retirement of Chair

October 27, 2020 at 06:50 pm EDT

Sydney, Australia, Oct 27, 2020 - (ABN Newswire) - The Board of MNF Group Limited (ASX:MNF) (HAM:M2S), the leading voice communications software provider, today announces Mr Terry Cuthbertson, Chair of the Board of Directors, has provided notice of his intention to retire with effect at the end of 2020.

Mr Cuthbertson was an inaugural member of the board following MNF's IPO in 2006 and has served as Chair for more than fourteen years. During that time, Mr Cuthbertson has steered the company and the board with his extensive skills and experience which has seen MNF transform into a successful communications software company with a global footprint.

Mr Cuthbertson said: "It has been a privilege to serve the company over the past 14 years. I am proud of what we have achieved during that time at MNF Group, and I will be keenly watching the company's next stage of growth."

Mr Andy Fung, MNF Non-Executive Director, said: "On behalf of the board, and my co-founder Rene Sugo, we thank Terry for his enormous contribution in steering the company from IPO to an established, successful business. We especially appreciate his leadership perspectives and considered approach in dealing with complex, strategic issues and his willingness to share his experience and insights. We wish him all the very best for his future endeavours."

The board will now undertake a process to identify a suitable successor, and will make an announcement in due course.

About MNF Group Ltd:

MNF Group Limited (ASX:MNF) is one of Asia-Pacific's fastest growing technology companies. Listed on the ASX since 2006, it is now capitalised at around $420M, and twice winner of the Forbes Asia-Pacific "Best under a Billion" award. Headquartered in Sydney, Australia, the company has over 400 people located across Asia-Pacific, Europe and North America. MNF develops and operates a global communications network and software suite enabling some of the world's leading innovators to deliver new-generation communications solutions. As the world moves to IP, MNF Group is building the brands, services, network and technology to lead the way. For further information about MNF Group Limited please visit: http://mnfgroup.limited/

Contact:

Rene Sugo
CEO and Executive Director
+612 8008 8000
investor@mnfgroup.limited

Media contact:
Amy Piek, Cannings
+61 447 617676
apiek@canningscomms.com.au

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Symbio Holdings Limited is an Australia-based cloud communications software company. The Company is engaged in providing communication services to software companies, telecom providers and enterprise customers across Australia and internationally. The Company operates through three segments: Communications Platform as a Service (CPaaS), Unified Communications as a Service (UCaaS), and Telecom as a Service (TaaS). The CPaaS division is focused on enabling software companies and infrastructure-based service providers to enable calling and messaging via Symbio hosted phone numbers. The CPaaS division operates under the Symbio brand and incorporates the global TNZI brand and customer base. The UCaaS segment is focused on enabling the roll-out and self-service management of enterprise collaboration services. The TaaS segment is focused on providing a digital platform for small service providers (in Australia only) to operate their telecom and managed services business.

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