OXATIS (EPA:ALOXA) - Frank Lombos joins Oxatis as International Sales Director to sharply accelerate the European development

Transparency directive : regulatory news

04/03/2019 17:40

PRESS RELEASE
Paris, March 4th, 2019

Frank Lombos joins Oxatis as International Sales Director to sharply
accelerate the European development

Oxatis (ALOXA - FR0013328184), a major e-commerce player in Europe, has
strengthened its teams with the arrival of its new International Sales
Director, Frank Lombos, an e-commerce and SaaS solutions expert with more than
20 years' experience in these fields. From his base in London, he will be
responsible for all of Oxatis's sales and marketing activities outside France.

"For more than 20 years, I have dedicated myself to developing e-commerce
sales, both in the United States and in Europe," said Frank Lombos. "In 2016, I
led the European expansion of Curalate, a leading US company in adaptive
e-commerce and behavioural targeting; I opened its offices in the United
Kingdom, France and the Nordics, and hired and managed the sales and marketing
teams in these countries, where Curalate saw exponential growth", he added.

In three years, well-known brands such as Occitane, Club Med, L'Oréal, TUI,
Inditex and QVC chose the Curalate solution and the company's revenues grew at
an average annual rate of more than 50%.

"We are pleased to welcome Frank to our teams. He is a talented manager known
for his experience and effectiveness", noted Marc Schillaci, Chairman and
Co-Founder of Oxatis, highlighting that "his varied career, knowledge of the
European market, strategic vision and marketing effectiveness, combined with
his ability to recruit and motivate the sales teams, will enable us to sharply
accelerate Oxatis's European development".

"Oxatis will benefit from the tidal wave of SaaS, which is rapidly replacing
the competing Open Source solutions and models throughout Europe (United
Kingdom, France, Germany, etc.). I expect rapid growth in Oxatis's e- commerce
solution thanks to its feature-rich functionality, continuous development and
the very significant financial benefits that it provides. I will implement a
powerful sales and marketing strategy at European level to better promote the
unique advantages of the Oxatis solution and assist companies with their
migration", stated Frank Lombos.

Frank Lombos, a known specialist in business development and digital marketing

Before joining Curalate, Frank Lombos spent 14 years as Vice President Sales
for the EMEA region at several e- commerce performance marketing companies,
including Episerver Peerius (e-commerce targeting and personalisation
software), Bazaarvoice (consumer reviews and ratings network), Fredhopper
(e-commerce personalised search and behavioural targeting), IBM Coremetrics
(predictive analysis and behavioural targeting) and Axcela (electronic
marketing software incubator).

He was previously Director of Business Development at Conversant, a
personalised marketing specialist, where his accomplishments included
developing its European activity. In six years he built a team of 25 employees
and developed a premium client base, consisting of brands such as Barnes and
Noble, Bertelsmann, 3M, Bank Paribas, British Airways, Lastminute.com, QXL,
Sainsbury's, Tesco, etc.

Guidance reiterated

Oxatis takes this opportunity to reiterate its guidance for 2020: doubling the
company's size and generating more than EUR20m in revenue. Its profitability
targets have also been confirmed, with the aim of achieving positive EBITDA
from 2020 and a double-digit operating margin by 2023.

Oxatis is forging ahead with its roadmap, with the aim of establishing itself
as a European leader in e-commerce SaaS, drawing on a business model combining
technological advances, new client business and an offensive acquisition
strategy.

ABOUT OXATIS

Oxatis is the leading e-commerce SaaS solution in Europe with more than 10,000
SME clients. Very complete and constantly evolving, it is perfectly able to
meet the needs of companies earning EUR100k to EUR30m in online revenue. Oxatis
is a certified Google Premier Partner, recommended by Sage, and the solution is
distributed exclusively by such well-known banks as Crédit Agricole, Crédit
du Nord Group, Crédit Mutuel - CIC Group and Caisse d'Epargne Provence Alpes
Corse.

Oxatis continued its external growth strategy in 2018: in July 2018,
acquisition of Powerboutique, one of the major e-commerce players with more
than 1,500 e-commerce clients, and in November 2018, acquisition of Channel
Pilot Solutions, a German company specialising in SaaS solutions designed to
process and optimise e-commerce data feeds which supplies more than 430
customers in Europe among the top e-commerce sites (Decathlon, La Redoute,
Sarenza, Lindt, etc.). Oxatis operates in five European countries (France,
Germany, Spain, Italy, United Kingdom).

Oxatis has been listed on Euronext Growth since April 2018 - ALOXA.
For more information, go to www.oxatis.com

CONTACTS

Oxatis
Jean-Christophe Brun
+33 (4) 86 26 26 26
investor@oxatis.com

Corporate Press Relations
Bruno Lorthiois
+33 (6) 78 97 07 24
blorthiois@lablcom.net

Financial Communications
Victoire Demeestère
+33 (1) 56 88 11 24
vdemeestere@actifin.fr

Financial Press Relations
Isabelle Dray
+33 (1) 56 88 11 29
idray@actifin.fr

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08/01/2020 18:25

OXATIS (EPA:ALOXA) - Frank Lombos joins Oxatis as International Sales Director to sharply accelerate the European development

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