Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.
CommSecure Limited (ASX:CMS), a leading provider of secure e-commerce solutions for corporate, government and financial institutions, today announced the appointment of Richard Shaw as Chief Financial Officer and Company Secretary.A proven performer in the information technology market who has served as CFO of high volume transactional organisations like OzEmail Internet, PocketMail and TMP Worldwide, Mr Shaw will take over responsibility for CommSecure’s financial operations, effective immediately.CommSecure’s chief executive officer, Peter Townsley, said Mr Shaw brings a wealth of financial and operational experience that will help the company to extend its leadership in the Electronic Billing and Transaction Processing market.“This is a very strategic appointment for CommSecure and one which we believe will add real value for the company moving forward,” he said. “Richard is an outstanding professional with an impressive track record in helping companies to reduce their operating costs, improve profitability, integrate acquisitions and successfully restructure parts of their organisation.“As CommSecure continues to grow both locally and internationally, I am confident that Richard’s extensive knowledge and experience will provide sound leadership for the company as we seek to increase our presence and impact in our chosen market.“I’m pleased to say that Richard will also take on a number of key operational responsibilities across the business, which will free me up to increase my focus on business development and revenue growth,” he said.Mr Shaw is a Certified Practising Accountant and holds an MBA from the University of Technology, Sydney.ENDSAbout CommSecureCommSecure (ASX:CMS) is a leading Australian supplier of secure end-to-end e-business solutions, encompassing billing, payment, receivables and records archiving, for utilities, government, banking & finance, telecommunications and other large organisations. CommSecure’s BillSecure, PaySecure, DDRSecure and IVRSecure products reduce costs and increase consumer loyalty and satisfaction by encouraging self-service, allowing consumers to pay through multiple channels, including online and IVR, by credit card and direct debit.Customers include Alinta, AXA, Brisbane City Council, Child Support Agency, Chubb Security, Country Energy, MLC, Primus and Toyota Financial Services. For further information please contact:Peter TownsleyCommSecure02 9497 4400Shuna BoydBoydPR02 9418 8100www.commsecure.com
