News from the Wire

Digital financial management company Tungsten hires Jonathan Cage

Wednesday, January 27, 2021 — 12:07:26 (EST)

London, Jan. 27, 2021--Tungsten Corporation plc (AIM: TUNG) a leading provider of digital financial management products and software solutions, today announces that it has appointed Jonathan Cage as Chief Technology Officer of the Company with immediate effect.

Jonathan has relocated to the UK and joins Tungsten from J2 Global Inc. of Los Angeles where he also held the position of CTO of Marketing Technology, a role he held since 2019. During this time Jonathan managed all engineering and product operations across a multinational business unit comprised of four software businesses. Prior to this, he was Vice President of Software Engineering at Cision Ltd for four years.

Jonathan will lead Tungsten’s technology and engineering strategy to maintain and expand Tungsten Network value for customers. He will work closely with cross- functional leaders to support customers on the journey to 100% invoice digitisation and strategic business impact.

Commenting on the appointment, Andrew Lemonofides, CEO of Tungsten Corp said: “I am delighted to welcome Jonathan to the senior leadership team at Tungsten. His expertise will deliver significant positive impact to our business, supporting our ongoing customer promise to be the trusted global partner for digital transformation and innovation.”

Enquiries Tungsten Corporation plc Miriam Weidner, CMO +44 78 1083 1334 Ian Kelly, Interim CFO +44 20 7280 7835

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Source: Company press release.