Falanx Group appoints Mike Read to its Board of Directors as Non-Executive Chairman

– UK, London – Falanx Group Limited, a cyber defence, business intelligence and risk solutions provider working with blue chip and government clients, is pleased to announce the appointment of Mike Read as Non-Executive Chairman. Mr Read will join the Board of Falanx Group with immediate effect.

Mike has over 30 years experience in the global Telecommunications, Media and Technology (TMT) sector and has been a director of eight public companies. He has held numerous ‘C’ level roles in the UK and USA, including, CEO of Pipex Communications, Executive Director at Daisy Group Plc, Non-Executive Director at Nasstar Plc, and Non-Executive Chairman at IntY Ltd. Mike has significant experience helping to build international technology companies, having been involved on over 50 M&A transactions.

As announced on 6 November 2015, Karl Barclay, Executive Chairman of Falanx Group, steps down leaving the Board with immediate effect.

Mike Read, Non-Executive Chairman of Falanx Group commented: “I am very much looking forward to working with John and the Falanx Group team. This is a vibrant and ambitious company operating in the extremely exciting cyber security industry. Having enjoyed a long and successful career, I recognised a great opportunity to return to pro-active management and assist in the growth of Falanx Group.”

John Blamire, CEO of Falanx Group commented: “We warmly welcome Mike, who has a very impressive track record in creating shareholder value and successfully leading rapidly developing businesses. I’m delighted to have the opportunity to work alongside such an accomplished business leader. Mike’s background fits very well with our growth strategy to develop Falanx Group into one of the UK’s leading cyber security companies. His extensive experience in building companies in exciting, emerging sectors will be an invaluable asset in driving our business forward. We also say many thanks to Karl Barclay who has served the Falanx Board tirelessly in his role as Chairman.”

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