Crossword Cybersecurity Regulatory News (CCS)

11 Apr 2005 07:00

Clarity Commerce Solutions PLC11 April 2005 CLARITY COMMERCE APPOINTS JOHN O'CONNELL CHAIRMAN Clarity Commerce Solutions plc, a leading supplier of software managementsolutions for the entertainment, ticketing, hospitality and leisure sectors, hasappointed John O'Connell as Chairman with effect from April 7 2005, on theretirement of Bob Morton. Bob Morton has been Chairman of Clarity since theGroup's flotation in 2000. Clarity has also issued today a trading update forthe year ended 31 March 2005. John O'Connell, 59, was founder, Chairman and Chief Executive Officer ofStaffware plc, the leading independent global workflow and business processmanagement (BPM) software company. Staffware listed on AIM in 1996 and went onto the main LSE market in 2000. Staffware grew its revenues by an average rateof 38% per annum compound for the ten years up to December 2003, deliveringconsistently increasing profits for most of that period, before it was acquiredby Tibco Software Inc for approximately £122 million in June 2004. Staffwareoperated in 22 countries , with 65% of its revenues outside of the UK. John is a Fellow of the Chartered Association of Certified Accountants (FCCA)and is recognised as one of Europe's top IT entrepreneurs. He is a Master ofInformation Technology of the Washington DC based AIIM International, where heserved on the board as a non-executive director for six years, culminating asChairman in 1999/2000 - the only non-American to hold such a prestigiousposition. The role of Chairman of Clarity will be John's first Chairmanshipposition since he resigned as Chairman of Staffware plc in November 2004. Graham York, Chief Executive commented: "I would like to thank Bob Morton for the significant contribution he has madeto the Group since the flotation, in what has been challenging times for ITsoftware suppliers. We wish him well for the future. "Clarity is strengthening its position as a market leader in the provision ofsoftware solutions to the leisure sector globally. We are delighted that Johnhas agreed to become Chairman at this exciting time for us. John has anestablished track record in running a global and highly profitable IT softwaregroup. This experience will be invaluable to Clarity." Save as set out below, there is no further information to disclose in respect ofJohn O'Connell under paragraph (f) of schedule 2 to the AIM rules. CurrentDirectorships: London Wasps Holdings Ltd and Columba Systems Ltd. Previousrelevant Directorship - Resigned from Staffware plc in November 2004. 11 April 2005 Enquiries: Clarity Commerce Solutions Graham York, Chief Executive Officer 01932 778000 College Hill Adrian Duffield/Clare Warren 020 7457 2020 This information is provided by RNS The company news service from the London Stock Exchange