VINYL GROUP LTD — Board/Management Information 2011

Sep 4, 2011

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For immediate release

ASX CODE: MBO

Date: 5 September 2011

Mobilarm Board Restructure Focuses on Overseas Growth

Perth, Western Australia: Global marine safety equipment provider, Mobilarm Limited (ASX: MBO) announced on Friday 2 September 2011 that the Company had undertaken a Board restructure.

As announced, Mobilarm Chief Executive Officer Mr. Lindsay Lyon has resigned from the Board. Retaining his CEO title and reporting to the Mobilarm Board, Mr. Lyon will focus full time on the Company’s immediate sales opportunities and its international expansion in key northern hemisphere growth markets.

Mr. Lyon’s primary focus is on expanding Mobilarm’s presence in Europe following the successful acquisition of UK-based Marine Rescue Technologies (MRT) in June 2011 and the Company’s formal launch into North America expected in Q3FY2012.

Mr. Brenton Scott has been appointed Managing Director and will drive the Company’s domestic corporate activity and market development.

Mr. Christian Lange has resigned from the position of Non-Executive Director to pursue other interests and the Board would like to acknowledge Mr. Lange’s contribution. Mr. Ken Gaunt, a substantial Mobilarm shareholder through his company Blazzed Pty Ltd., has been appointed as Non-Executive Director.

Mobilarm’s Independent Chairman, Mr. Richard Allen, commented: “Mobilarm has undergone a strategic Board restructure to concentrate on international, operational and corporate growth and to strengthen the dedicated senior management team.

“The Board has witnessed important opportunities for continued operational success in the United States and Europe, and Mr. Lyon will be the primary driver behind our strategy to realise Mobilarm’s growth potential in these markets.

“On behal f of the Board, I would like to thank Mr. Lyon for his contribution du r ing his tim e as a Director of Mobilarm. The Board has every c onfidence in Mr. Lyo n as CEO o f the Comp a ny and w e will contin u e to work c losely with him as we grow Mobilarm’s glob a l footprint.

“I would al s o like to welcome Mr. Ken Gaun t to his role as Non-Executive Dir e ctor of Mobilarm. His business d evelopme n t expertise as foundin g CEO and owner of E lectronic B a nking Sol u tions (EBS) will add to the s trength of t he Board.”

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Richard Allen

Non-Exec u tive Chair m an

M obilarm Lt d (MBO) A S X and Me d ia Announ c ement

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