ABAL.L Regulatory News (ABAL)

9 Feb 2007 07:00

Imaginatik PLC09 February 2007 Imaginatik plc ("Imaginatik" or the "Company") Appointment of UK Managing Director Imaginatik plc (AIM: IMTK), a leading provider of business innovation andtechnology based systems for innovation and idea management, announces today theappointment of Mr. Geoff Carss as UK Managing Director with additionalresponsibility of the Company's strategic partner programme. This is a seniormanagement appointment rather than Board position. Reporting to the Board of Imaginatik, Geoff, aged 45, brings a high level ofbusiness development expertise and industry contacts following 12 years in theconsultancy and technology industries. His previous appointments include partnerfor the public sector at IBM Business Consulting Services, as well as seniorpositions at Compaq Computers, Hedra plc and Ernst & Young. The appointment follows Imaginatik's successful flotation in December last year,where the Company raised £1.5m net of expenses to fund its expansion intodeveloping markets, including the UK and Europe. The Company has an establishedclient base in the US, ranging across a number of industry sectors, and isseeing significant growth in its business. Clients of Imaginatik include PfizerInc., Hewlett-Packard, Weyerhaeuser Corporation, Chevron, Texaco GlobalLubricants and Cargill Inc. Mark Turrell, Chief Executive of Imaginatik commented, "We are delighted thatGeoff is joining the Imaginatik team. He will be instrumental in driving salesin the UK as well as managing and developing our UK and European partnerprogramme, enabling us to take advantage of the rapidly growing market forinnovation solutions." Further enquiries Imaginatik plc Tel: 020 7917 2975Mark Turrell, CEO / Shawn Taylor, CFO ICIS Tel: 020 7651 8688Tom Moriarty / Caroline Evans-Jones About Imaginatik Imaginatik is a leading provider of innovation infrastructure to some of theworld's leading companies. More than 110 clients rely on Imaginatik's software,consulting and research to enable their best-of-breed Innovation activities. Imaginatik's software and consulting services have helped clients discoversignificant sources of additional revenue, as well as tangible cost savings,process improvements and increased product pipeline. Imaginatik is alsocommitted to developing strategic solutions in the field of innovation, workingwith academic institutions such as the London Business School and the CassSchool of Business, London, as well as leading practitioners of corporateinnovation. Imaginatik was admitted to trading on AIM on 15 December 2006, raising £1.5m netof expenses. For further information please visit www.imaginatik.com This information is provided by RNS The company news service from the London Stock Exchange