– USA, WA – Minds + Machines Group Limited (LON:MMX), the top-level domain registry company, today announced the appointment of Bryan Disher as a Non-Executive Director of the Company and Chairman elect of the Audit Committee with immediate effect.
Toby Hall, CEO of MMX, commented: “As today’s final results illustrate, 2018 has been a transformational year for MMX in terms of registration growth and revenue composition, registrations up 37%, and renewal revenues nearly doubling to $9.4m now representing 62% of Group revenue.
“Moving forward, with an increasing emphasis on innovation, it is important that we have the right corporate governance structures in place to support our future development. Bryan will bring a fresh independent perspective and firm guidance to the Board having enjoyed an outstanding career at PwC. I would like to take this opportunity, on behalf of the Board, to welcome Bryan to the Company and look forward to working with him on the continuing success of MMX.”
About Bryan Disher
Mr Disher trained as a Chartered Accountant in Canada and enjoyed a successful career spanning over 37 years at PricewaterhouseCoopers, which he joined in 1978 and where he was appointed as a Partner in 1991. He held a number of senior positions in PwC Canada where he was Chair of the Partnership Board, and Chair of each of the Finance Committee, Governance Committee and Admissions Committee of the Board. He was also Managing Partner of PwC’s Ottawa office (2001 – 2008) and Ottawa Audit and Assurance Leader (1995 – 2001). His final role at PwC was Managing Partner of its Ukrainian practice between 2012 and 2015.
Subsequently Mr. Disher has held a number of senior non-executive positions as an independent director and chair of the Board at Rubicon Organics Inc. (CSE:ROMJ), which recently listed in Canada. He also holds senior independent director positions, including Audit Committee Chair, at Lexington BioSciences Inc. (CSE:LNB) and Balmoral Resources Ltd. (TSX:BAR).
About MMX
Minds + Machines Group Limited is the owner of a world class portfolio of 32 ICANN approved top-level domains. The Company generates revenues through the registration and annual renewal of names by organisations and individuals within each of its top-level domains, sales being processed through the Group’s network of global registrar and distribution partners.
The MMX portfolio is currently focused around generic names, consumer interest, lifestyle, professional occupations, and geographic domains. In 2018, the Company completed its first acquisition, the ICM portfolio, and recently launched its first innovation based project, .luxe, which combines the strengths of the World Wide Web’s naming system with that of blockchain.
For more information : https://mmx.co
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