Maestrano appoints Vice President Americas

18 May 2020

Maestrano Group PLC ("Maestrano" or the "Company")

Maestrano appoints Vice President Americas

Maestrano Group PLC (AIM: MNO), the Artificial Intelligence platform for transport corridor analytics, is pleased to announce the appointment of Mr Nicholas Wayne as Vice President Americas.

Nick was most recently a senior executive with Airbus' Intelligence business in North America.  Nick joined Airbus in 2017 as a founding member of Airbus Aerial, a start-up SaaS company that leveraged AI and machine learning to derive insights from a combination of satellite, airplane, and drone imagery. As head of business development, Nick was responsible for all revenue generating activities as well as growing the team and the business at large.

Prior to Airbus, Nick spent three years at Skyward, a SaaS drone operations management software company.  He was a member of the founding team and lead business development from 2014 through to acquisition by Verizon in early 2017.  Prior to his career in the technology industry, Nick spent five years with Wells Fargo as lender and relationship manager in their commercial banking division.

Andrew Pearson, CEO of Maestrano, commented:

"Nick is a perfect fit to lead our expansion into North America.  He has the rare combination of experience and industry knowledge, including in the rail industry, that will enable us to fast track our business growth in the region."

Ian Buddery, Chairman of Maestrano, commented:

"The board believes there is a large opportunity in the Americas for our products and services and we are delighted to have secured Nick's appointment, which will be a significant factor in our growth plan for FY2021.  Over time, we expect to have sales, marketing and technical staff in the USA, mirroring our operations elsewhere."

Enquiries:

Maestrano Group plc

Andrew Pearson, CEO                                                                             c/o Arden Partners

Grant Thornton (Nominated Adviser)

Colin Aaronson / Jamie Barklem / Niall McDonald                       +44 (0)20 7383 5100

Arden Partners (Broker)

Ruari McGirr / Ciaran Walsh                                                                  +44 (0)20 7614 5900

About Maestrano

Maestrano offers a patented cloud-based platform for master data management and business analytics, together with specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.

Further information on the Company is available at:  www.maestrano.com