eg Solutions PLC Regulatory News (EGS)

20 Feb 2009 07:00



eg solutions plc

BOARD CHANGE

eg solutions plc ("eg solutions" or "the Company"; LSE-AIM: EGS), the operations management software company, announces a restructuring of the finance function.

Violetta Parylo, currently Finance Director, has resigned from this position and will leave the Company by mutual consent with effect from 20 March 2009 to take up a position in a larger organisation. The Board would like to thank Violetta for her contribution whilst at eg solutions.

Given the current size of eg solutions, it has become apparent to the Board that the role of Finance Director does not warrant a full-time executive position. Accordingly, the Company has decided that the position of Finance Director will become a part-time position supported by the current Financial Controller and accounts staff.

Andy McRae, currently a non-executive Director of the Company and a qualified UK Chartered Accountant, will assume the position of part-time Finance Director until such time as a suitable replacement with public company experience has been appointed.

Ends

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About eg solutions plc

eg solutions plc is a global business software application vendor. Our software provides historic, real-time and predictive Operational MI. When implemented with our training programme for managers and team leaders to use this intelligence, we guarantee improvements in operational results in short timescales.

The Company, which is listed on the Alternative Investment Market ('AIM') of the London Stock Exchange, is committed to customer satisfaction and the ongoing development of its operations management solutions.