AMALGAMATED ELECTRONIC CORP LTD - Amecor bolsters Board with William Kirsh and Stanley Shane

Amecor bolsters Board with William Kirsh and Stanley Shane

Amalgamated Electronic Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1997/010036/06)
Share Code on the JSE: AER ISIN: ZAE000070587
("Amecor" or "the Company")


Amecor bolsters Board with William Kirsh and Stanley Shane


Amalgamated Electronic Corporation Limited (“Amecor”)
announces the appointment to its Board of William Kirsh and
Stanley Shane as non-executive directors, with immediate
effect. This follows the substantial restructuring of the
shareholding of the Company on 11 October 2013.
William Kirsh (52) is the founder of Primedia, South Africa’s
second largest media group and served as CEO from its
inception in 1994 to August 2009. Mr Kirsh is the founder and
CEO of ValuePlusNettwork. ValuePlusNettwork is pioneering the
next generation of communications.
Stanley Shane (42) is a founding partner of Integrated Capital
Management (Pty) Limited, a niche Investment Banking and
advisory business. He specialises in strategic and corporate
acquisitions. Mr Shane has extensive Investment Banking,
capital raising, insurance, IPO preparation and structuring
experience   and  has   acted  as  an   advisor  to   numerous
transactions and individuals.
Chris Boulle, Chairman of Amecor, said: “I am delighted to
welcome William and Stanley to Amecor’s Board, and look
forward to tapping their considerable expertise, as we
continue to deliver on our growth initiatives and enhance
shareholder value.”


Notes to editors:
Amalgamated Electronic Corporation Limited specialises in
providing broadcast and GSM services that facilitates secure
data transmission of alarm signals to control rooms of
security companies nationally. In addition it designs,
manufactures and distributes exclusive technologies for the
security, electronic and alternative power supply industries
within southern and broader Africa.
Amecor’s core Group activities comprise:
-    A licensed radio frequency and GSM network for data
    transmission and off site equipment control;
-   The manufacture and supply of sophisticated transmission
    technology and related security applications;
-   A national distribution arm providing country wide access
    to reputable security and electronic products
-   The assembly, distribution, installation, and maintenance
    of world class power generating machinery.


Sponsor: Sasfin Capital

A division of Sasfin Bank Limited

7 November 2013

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