Last checked at 27 Oct 2008 07:00
FOR RELEASE07.0027 OCTOBER 2008 ACCESS INTELLIGENCE PLC ("Access Intelligence plc" or "the Group") (Software and computer services business) Director Appointments
Access Intelligence is pleased to announce that, further to the completion of the recent share subscription, Michael Jackson has now been appointed Executive Chairman and David Lowe has been appointed Non-executive Director with immediate effect.
Michael Edward Wilson Jackson (Aged 58), Executive Chairman
Michael Jackson has specialised in raising finance and investing in the smaller companies sector for the past 20 years. He qualified as a Chartered Accountant with Coopers & Lybrand and spent 23 years as a director of Sage plc. During that time Sage's capitalisation rose from approximately ‚£1 million to its current level of over ‚£2 billion. Michael is founder and chairman of Elderstreet Investments Ltd, which is best known for its investment in young, ambitious technology businesses. Michael is a director and personal investor in many other quoted and unquoted companies, many of which have been involved in the technology sector.
Present directorships or partnerships Past directorships or partnerships
Aconite Technology Limited Abercorn Place School plc Advanced Computer Software plc Apertio Limited
Burra Burra Distribution Limited Computer Software Group Limited
Concorde Solutions Limited Computer Software Limited Elderstreet Ballater Limited EU Smart Limited Elderstreet Capital Partners Nominees Guildford Acquisitionco Limited Ltd Guildford Bankco Limited Elderstreet General Partner (Kinetique) Ltd Guildford Equityco Limited Elderstreet Holdings Limited Guildford Debtco Limited
Elderstreet Investments Limited Guildford Guaranteeco Limited
Elderstreet Private Equity Limited Guildford Midco 1 Limited Elderstreet VCT plc Guildford Midco 2 Limited Evolve Capital plc Interbizz Financial Systems Limited Forsyth Whitehead & Associates Ltd Jobsin.co.uk limited The Kellan Group plc Medialoom Limited Lupus Capital plc Mediasurface Europe Limited Netstore plc Mediasurface plc Old Vicarage Nominees Limited Micromuse Limited Royal Albert Hall Developments Ltd Netstore Group Ltd Sky High plc Netstore (UK) Ltd Snacktime plc PartyGaming Plc Snacktime UK Limited Pinco 1421 Limited Syncissue Limited Planit Employee Incentive Trustees Ltd The Web Factory Birmingham Ltd Planit Holdings Limited Young Enterprise London Ltd. Pinnacle Computer Systems Limited Retirement Villages Limited Searchspace Group Limited Systems Team Bristol Limited Sage (South Gosforth) The Sage Group plc Select Software Tools plc Travelstore.com Group plc Wimbledon 123 Limited
Michael Jackson was a director of Steve Dudman Plant Limited which was ordered to be wound up compulsorily on 23 October 2000.
Michael Jackson was a director of Travelstore.com Group Plc ("Travelstore") Travelstore was wound up voluntarily by its members on 16 December 2003. According to the members' voluntary winding up declaration of solvency dated 16 December 2003, Travelstore would be able to pay its debts in full together with interest at the official rate within a period of 12 months from the commencement of the winding up.
Michael Jackson was a director of Medialoom Limited which was wound up voluntarily by creditors on 9 July 2001.
Michael Jackson was a director of Weyrad Electronics Limited ("Weyrad"). In January 2000, Weyrad was put in administration. Weyrad was struck off the register under section 652(5) of the Act on 8 June 2004 and dissolved on 15 June 2004.
Michael Jackson was a director of Worktops (No 1) Limited "Worktops". Worktops was wound up voluntarily by its members on 9 June 2003. According to the members' voluntary winding up declaration of solvency dated 9 June 2003, Worktops will be able to pay its debts in full together with interest at the official rate within a period of 12 months from the commencement of the winding up. Worktops was dissolved on 10 December 2003.
Michael Jackson was a director of Select Software Tools Plc ("Select"). On 27 May 1999, Select was put in administration and on 19 August 1999 the creditors of Select approved the voluntary arrangement put together by the administrator.
Michael Jackson was a director of Interbizz Financial Systems Limited which went into receivership on 10 April 2003.
Michael Jackson was a director of Abercorn Place School plc, which was wound up via a Creditors Voluntary Liquidation on 8 March 1996 and was subsequently dissolved on 3 June 1998.
Michael Jackson was a director of both EU Smart Limited and Wimbledon 123 Limited, which were dissolved via a voluntary strike off on 5 December 2006 and 20 November 2007 respectively.
David Andrew Lowe (Aged 54), Non-executive Director
David is a Chartered Accountant, qualifying with Coopers and Lybrand in 1977. He has been at Elderstreet Investments Ltd since 1996, where he became a director in 2007. He is responsible for the Management of the Elderstreet VCT Plc and represents Elderstreet on the board of Snacktime plc.
David has been an investor in, and director of, many private companies in different sectors over the past 30 years, and has gained a wealth of knowledge in assisting venture capital companies with their portfolio companies, including extensive pre-acquisition investigation. He is the sole shareholder and chairman of Garran Lockers Limited, and is a major shareholder and director of APT Controls Limited. He is the senior non-executive director of Sky High plc, and a non-executive director of ARC Growth Company VCT plc.
Present directorships or partnerships Past directorships or partnerships
APT Controls Limited Bon Accord Limited ARC Growth Company VCT plc British Creameries Group Limited Atril Limited Broomco (2705) Limited
Burra Burra Distribution Limited Computer Software Group Limited
Elderstreet General Partners Downing (Meadows) Limited (Kinetique) Limited Downing (Barwell) Limited Elderstreet Holdings Limited Downing (Chertsey Road) Limited Elderstreet Investments Limited Downing (Pirbright Road) Limited Elderstreet Private Equity Limited Dovestone (The Gables) Limited F. B. Limited Evedale Care Home Limited Forsyth Whitehead & Associates Halifax Industrial Limited Garran Lockers Limited Henry J. Bean's Group Limited Sky High plc Ingleby (462) Limited Sky High Traffic Data Limited Kershaw Services Limited Snacktime plc Leslie Hawkins Lowe Limited Snacktime UK Limited Lifestyle Properties (6128) Limited The Web Factory Birmingham Ltd Rayner Food Group Limited Windmill Printing (1981) Limited
David Lowe was appointed a non-executive director representing a venture capital investment company, of Weyrad Electronics Limited ("Weyrad"). In January 2000, Weyrad was put in administration. Weyrad was struck off the register under section 652(5) of the Act on 8 June 2004 and dissolved on 15 June 2004.
David Lowe was appointed a non-executive director representing a venture capital investment company, of British Creameries Group Limited ("British Creameries") which went into receivership on 22 November 2000. British Creameries was struck off the register under section 652(5) of the Act and dissolved on 8 June 2004.
The contents of this announcement include the full disclosures required under Schedule 2 (g) of the AIM Rules for Companies.
For further information:Access Intelligence plc 01904 520 840 Michael Jackson 020 7831 5088 Jeremy Hamer (Non Executive Director) 07977 234614 Blue Oar Securities 020 7448 4400 Shane Gallwey / Matt Marchant Cubitt Consulting 020 7367 5100 Brian Coleman-Smith / James Verstringhe / Nicola Krafft Background Note
Access Intelligence is based in York with subsidiaries in York, Stockport, Greater Manchester, Chorley, Lancashire and Newcastle upon Tyne and employs 47 staff. The Group operating companies are listed below:
Due North
Due North, based in Newcastle-upon-Tyne, develops supply chain software solutions. Its principle focus is on e-procurement software, which is widely used in the public sector. The product suite enables organisations to manage the complete customer/supplier relationship from initial expression of interest, through tender evaluation and post-tender negotiation to contract award and life cycle management. It also offers a reverse auction facility. Over the last 6 years it has become the leading supplier of e-procurement solutions to the emergency services (police and fire and rescue) and local authorities and is a growing supplier to the NHS, Housing Associations and the Transport Authorities. These solutions are offered as a hosted service.
MS2M
MS2M, based in York, is a developer of compliance software for the financial services industry. Its core software products are "Track Record" and "Virtual Compliance Officer". These applications monitor individuals' activities within an organisation in real time, and identify their risk profile from a compliance perspective. Individuals are graded via a traffic light system in accordance with key performance indicators. In the case of risk identification, remedial advice is offered. Clients include RBS Group, National Australia Group, Liverpool Victoria, AXA and St James's Place. These solutions are offered both as a desktop and a hosted service.
Willow Starcom Ltd
Willow Starcom supplies data storage, retrieval and network solutions to mid-sized corporate businesses. It sells its services through a reseller channel which enables it to grow revenues with a minimum increase in headcount. The company operates a 24-hour support centre from its base in Chorley, Lancashire. Included within Willow Starcom is Backup and Running which provides offsite online data storage and retrieval to small and medium sized enterprises.
Wired Gov
Wired Gov provides, under license from the cabinet office, government news alerts from more than 100 departments and agencies. Subscribers can register their preferences by agency, department, key words and phrases. They can determine the frequency of the alerts from immediate to daily or weekly. Typical subscribers in the private sector are financial services organisations and professions.
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