8 August 2002

Braintree appoints Sarah Merridew as Non-Executive Director

Leading data communications specialists Braintree Communications has appointed Mrs Sarah Merridew as Non-Executive Director.

Mrs Merridew brings to Braintree 20 years experience in auditing, business and corporate recovery services for both large private and public corporations. Mrs Merridew is currently a Partner at Deloitte Touche Tohmatsu and she heads Deloitte’s Enterprise Risk Services Brisbane. Mrs Merridew’s impressive client portfolio includes Suncorp Metway, Queensland University of Technology, CSR Sugar, Brambles Industries and Downer EDI Group. Mrs Merridew commenced work at Deloitte in 1987 before admission as a Partner in 1993.

Mrs Merridew’s board of management experience included Managing Partner of Deloitte’s Tasmanina Office where she assisted with the development of the firm to one of the largest in the state through strategic mergers and a focus on delivering service excellence.

Mrs Merridew’s qualification and professional affiliations include Bachelor of Economics, Associate Member of the Institute of Chartered Accountants, Registered Company Auditor and a Fellow of the Australian Institute of Company Directors (formerly a Tasmanian State Councillor).

“Sarah’s breadth of knowledge and experience will strengthen and bring a new dimension to the Board as we expand our business,” said Mr Peter Hall, Chief Executive Officer at Braintree.

"To achieve our growth objectives we must continue to deliver customers world first technology and a high level of customer service. This is Braintree’s key differentiator and Sarah’s corporate track record made her the ideal choice to work with us in achieving these goals,” Mr Hall said

Mr Hall added “Braintree is at the important stage where we are ready to capitalise on our growth opportunities. Sarah’s appointment is another key step in developing and implementing the strategic management practices for Braintree to exploit these development opportunities”.

"I am delighted to be taking on this role at such a exciting time in Braintree’s development,” said Mrs Merridew. “I am convinced that as a team we can deliver maximum results to Braintree’s shareholders, employees and clients."

Mrs Merridew’s appointment takes effect immediately.

About Braintree Communications

Braintree Communications is a leading edge communications developer of world-class technologies that simplify, integrate and enhance any data network. Braintree specialises in developing solutions to allow legacy equipment to seamlessly and immediately connect to modern IP network platforms using intelligent protocol conversion.

Braintree has been developing unique solutions for over 11 years to the telecommunications, defence, airline, banking and finance industries for the likes of Telstra, Boeing, Ericsson, Damovo, Cashcard and Japan Airlines.

   

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