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Appointment Of Stafford Masie And Mteto Nyati As Independent Non-Executive Directors
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
("the Company" or “ADvTECH”)
APPOINTMENT OF STAFFORD MASIE AND MTETO NYATI
AS INDEPENDENT NON-EXECUTIVE DIRECTORS
The board of directors of ADvTECH, the education and recruitment group, announces the appointment
of Messrs Stafford Masie and Mteto Nyati as independent non-executive directors of the Company
with effect from 8 January 2014. This follows a decision by the board in November 2013 to invite them
to join the board and completion of the necessary governance processes.
Stafford Masie was born and educated initially in South Africa before obtaining a BSc in Computer
Science from Tel Aviv University in 1993. He has held senior executive positions at Novell USA and
subsequently at Novell South Africa. He established Google’s presence in South Africa in 2006 and
was appointed Sub-Saharan Africa General Manager in 2007.After leaving Google in 2009, he
established his own business and is now an entrepreneur with a particular interest in early stage start-
up businesses in the IT industry. In 2013 he unveiled "thumbzup" an international payments
innovation company partnering in South Africa with ABSA. He is also active as a business school
lecturer, participant in several radio broadcasts and speaker on the influence of technology.on modern
day life, society and education.
Mteto Nyati was born and completed his early education in the Transkei. He graduated with a BSc in
Mechanical Engineering from the University of Kwa-Zulu Natal and completed further studies at both
Wits Business School and Yale University. He has spent the last 17 years in the IT industry, first with
IBM, both in South Africa and abroad, becoming Director of IBM Global Technology Services for
southern and central Africa. In 2008, he joined Microsoft South Africa as managing director, a position
which he still holds. He led Microsoft South Africa to be a locally relevant multi-national through his
focus on education, skills for employability and enterprise development. He is the joint winner of 2013
IT Personality of the Year.
Commenting on the appointments, ADvTECH Chairman Leslie Maasdorp said:
"I am delighted that Mteto and Stafford have agreed to join the ADvTECH Board. Their extensive
experience in global business, finance and information technology and their complementary range of
skills will be of significant benefit to our discussions and decision-making. They both have exceptional
educational and business insight and will provide valuable input to the Group, helping us to broaden
the business and meet our long-term growth objective, in particular, our strategy in technology-led
education.”
The ADvTECH Group welcomes Stafford Masie and Mteto Nyati to the board.
Johannesburg
9 January 2014
Sponsor: Bridge Capital Advisors (Pty) Limited
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