New Board Signals Major Change at Ariel Communications

            New Board Signals Major Change at Ariel Communications

  PR Newswire

  HEMEL HEMPSTEAD, England, July 3, 2013

HEMEL HEMPSTEAD, England, July 3, 2013 /PRNewswire/ --

Ariel Communications Ltd, a financial trading software company based in Hemel
Hempstead, UK, is pleased to announce that Simon Cox has been appointed the
new Chief Executive Officer. Phil Martin, Head of Product, will assume Simon's
former role as Chief Operating Officer. Julian Costley, former joint CEO of
E*TRADE UK, has joined the board as Non-Executive Director. The new
appointments signify a major change in the company's approach to the market,
brand, product and service offering.

Simon Cox replaces Angus Clacher, who resigned as CEO in March, 2013. Simon,
Phil and Julian's appointments have been thoroughly welcomed by the company's
shareholders, senior management team, and customers. The company has already
undertaken work to re-position, re-brand, review all internal processes, and
made good progress along its new product roadmap. The company has also
established a major strategic partnership in the Asia-Pacific region.

Simon started his career in IT as a support specialist before moving into key
account management. He joined Ariel in 2007 having spent over 14 years in
project and account management including establishing the Business Services
department for Petards Limited. Simon has been involved in major projects such
as the completion of the British Library, the city-wide CCTV network for the
Metropolitan Police Service and the roll-out of ICT across the Metropolitan
Police Service traffic fleet. He has an MBA from the University of Leicester.

Philip has over 11 years' experience managing people, projects, products, and
businesses. He spent four years with the Laurel Pub Company before joining the
City Credit Capital brokerage house as an Assistant Project Manager.Philip
went on to become the Business/Project Development Manager. His role
encompassed product management, business development, marketing and product
training. Phil joined Ariel in 2010 where the company has leveraged his
detailed knowledge of online derivatives trading as Head of Product.

Julian Costley has held many senior roles in the financial services sectors.
He was the CEO of stockbroking firm E*TRADE UK. Earlier in his career Julian
played a key role at Thomson Reuters defining their equities product strategy
in the lead up to 'big bang' before becoming an overseas country manager.
Having held leading roles within BSkyB, France Telecom, and BT, Julian offers
a wealth of skills and experience on which Ariel can draw as it moves forward.
Julian is a mentor, course judge and visiting lecturer at London Business
School and at Oxford University (Said Business School).

About Ariel Communications Ltd

Founded in 1995, Ariel Communications Ltd is a trusted provider of spread
betting, foreign exchange and contracts for difference software systems. Ariel
offers a range of software solutions, from individual components to entire
trading platforms. Our solutions are designed to meet the needs of everyone
from small, start-up brokerages to large financial institutions. These are
available 'off-the-shelf' or bespoke, and designed to work stand alone or
integrate with a client's existing systems. Whatever you need, Ariel can build

Conveniently situated in purpose built offices in Hemel Hempstead, Ariel
Communications has excellent road, rail and air connections to the rest of the
UK, and global markets. 

Contact: Contact: Charlie Trumpess, Marketing Manager, Tel:
+44-(0)1442-418452, Email: Ariel
Communications Ltd, 29-32 Mark Road, Hemel Hempstead, Hertfordshire, HP2 7BW.
Tel: +44-(0)1442-418460, Fax: +44-(0)1442-418461.
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