INC.L Regulatory News (INC)

8 Sep 2006 07:01

Avanti Screenmedia Group PLC08 September 2006 FOR IMMEDIATE RELEASE 8th September 2006 Avanti Screenmedia Group plc Board Appointment Avanti Screenmedia Group plc ("Avanti") is pleased to announce the appointmentwith immediate effect of Richard Vos to the Board as non executive director. Richard was formerly Chairman of Inmarsat Ventures PLC and of InmediaCommunications Ltd, both of which were successfully sold. Earlier in his careerRichard was Head of Satellite Investments for British Telecommunications plc,CEO (Directeur General), BT France SA, and UK Governor on the Board of INTELSAT(and Chairman of the Board 1998-99). Richard is currently non-executive Director of SatCom Group Holdings plc and ofNSSC Operations Ltd. He is also Chairman of the British Government's SpaceTelecommunications & Navigation Advisory Board and a member of their EuropeanAdvisory Board and Space Advisory Council. John Brackenbury, Avanti Chairman commented "We are certain that Avanti'ssatellite business will be the most significant driver of shareholder value forus in the next few years and we felt it was important to complement ourmanagement team with high level industry experience; we could not have donebetter than appoint Richard Vos". Richard Vos added "I am very excited by what Avanti has achieved in itssatellite business so far, and believe that this achievement has beensignificantly underestimated by the market. There is much that I can do to helpAvanti to grow its business and I look forward to working closely with theexcellent management team". Ends Enquiries: Avanti Screenmedia Group plc 020 7749 1600David Williams, Chief Executive Smithfield 020 7903 0676Sara MusgraveMiranda Good About Avanti Through its Networks division, Avanti is also the UK's only broadcast and fixedbroadband satellite operator with its first satellite funded and underconstruction for launch in 2008. In August 2005 Avanti was awarded by OFCOM the right to use the geo-stationaryorbital position at 33.5degreesW with 3.6Ghz of radio spectrum to operatesatellites. Avanti will use this to provide broadband and high definitiontelevision services in Europe. Avanti expects to purchase other satellites, andto create a new competitor in the provision of direct to home satellitetelevision in the UK and elsewhere. Avanti is also a market leading provider of Retail Media advertising servicesdeploying plasma screen networks in shops, malls and pubs for advertising, salespromotion and customer entertainment. Avanti listed on AIM, a market operated by the London Stock Exchange, on 9thJuly 2004, at an issue price of 130.0p. Avanti is included in the FTSE Mediasector and has a RIC code of ASG.L. Richard Vos - Directorships Company Nature of Business Appointed ResignedCheyne Place ManagementCompany Limited Management of block of flats 1998 7/2003Inmarsat Ventures plc Holding Company 4/1999 12/2003Inmarsat Limited Satellite services 4/1999 12/2003NSSC Operations Limited Operation of National 2/2001 Space CentreAiria Limited Telecommunications services 10/2001 11/2003Inmedia Communications Group Holding company 5/2004 7/2005LimitedKnightgold Limited Holding company 5/2004 7/2005Oceandawn Limited Holding company 5/2004 7/2005Inmedia Communications Holding company 5/2004 7/2005(Holdings) LimitedInmedia Communications Satellite services 5/2004 7/2005LimitedCast Communications Limited Satellite services 12/2004 7/2005SatCom Group Holdings plc Holding company 6/2005 Richard Vos owns 1,900 ordinary shares in Avanti Screenmedia Group plc. This information is provided by RNS The company news service from the London Stock Exchange