Professor Christos Nikolaou honours Virtual Trip Group undertaking the position of the Group Non- Executive Chairman

Professor Christos Nikolaou, is joining Virtual Trip as the Non-Executive Chairman. Christos Nikolaou, Professor in the Department of Computer Science at University of Crete, with an outstanding academic and research career, has between others chaired the National Council for Education, the European Research Consortium for Informatics and Mathematics (ERCIM) and has served as Rector of the University of Crete.

Such a significant academic, will play a vital role to the Group’s strategic growth plan. Vtrip is already close to finalize agreements with private investors, while recently has established a branch in Spain in order to expanded its activities.

Moreover, the group is preparing for the necessary procedures in order to enter Britain’s stock market, PLUS. A key role is played by the non-executive board which will be chaired by Christos Nikolaou. He will be responsible of ensuring the Group’s strategy in compliance with his personal principles and values.

In welcoming Prof. Nikolaou, Dimitris Tsigos Virtual Trip’s Chief Executive Officer, has noted “In Virtual Trip, we are putting a great effort into creating a Greek Group of cutting edge companies which will find the path to success towards the Global market. I believe that our core values, venture, innovation, quality, worth and commitment, comprise a strong foundation to help us achieve this difficult goal, which Professor Christos Nikolaou will crucially fortify by undertaken the role of Non-Executive Chairman.

Virtual Trip Spain S.L. materialized!

In the end of January Vangelis Zeginoglou and Dimitris Tsigos visited Spain once more and have completed the process of the official establishment of Virtual Trip Spain S.L.! Mr. Andrew Hughes, a very experienced consultant in the fields of marketing and telecommunications honors us undertaking the role of Country Manager in Virtual Trip Spain S.L.

Virtual Trip Group office in Madrid is the first of the "antenna offices" that we plan to establish around the globe trying to analyze local markets, adjust the marketing mix of our products to meet local requirements and, over all, to select the appropriate value-added resellers.

The Madrid office is of strategic importance both for the Iberian peninsula and for the Latin American countries. Beyond these very interesting territories, which do offer huge growth potential, Virtual Trip Spain S.L. will also be responsible for the emerging markets of Northern Africa.

The Virtual Trip Group has already established partnerships in Spain with prestigious companies such as Cystelcom and Dialcom. In the first steps of the office focus will be to promoting eFront, Solo and mVision while the rest of the Group products are going to be adjusted to the needs of its target market.

The establishment of Virtual Trip Spain S.L. is the first step to the international expansion of our Group, a strategic choice for achieving our vision: to materialize innovation.