Iomart Regulatory News (IOM)

21 Dec 2007 07:01

Iomart Group PLC21 December 2007 21 December 2007 IOMART GROUP PLC ("IOMART" OR "THE COMPANY") Appointment of Non-executive Director iomart Group plc (AIM:IOM) is delighted to announce the appointment of IanRitchie as non-executive Director with immediate effect. Ian will be appointedchairman of the group on 31st January 2008 at which time Nick Kuenssberg, thecurrent chairman, will step down from the board after 8 years' service. Ian Cleland Ritchie, 57, has an impressive background in technology enterprise.Currently Chairman of Computer Application Services Ltd, Caspian Learning Ltd,Connect Scotland, and Scapa Technologies Ltd he is also a past President of theBritish Computer Society. Ian was founding chairman of several technologycompanies, including Voxar Ltd (now part of Barco Ltd), a world leader invisualisation solutions for medical markets, Orbital Software Group plc (nowpart of Sopheon plc), Digital Bridges Ltd. (now part of Oberon Inc) and SonapticLtd (now part of Wolfson Microelectronics plc), the leading audio technologydevelopment company. Ian Ritchie, Non-executive Director of iomart, commented, "I am honoured to havebeen approached to join the board of iomart. The Company is in an exciting phaseof its evolution, as it seeks to capitalise on its excellent positioning withinthe high growth hosting and datacentre market. I look forward to working withAngus and the team to drive growth and increase shareholder value." Angus MacSween, Chief Executive of iomart, commented, "We are delighted towelcome Ian on to the Board of iomart. His knowledge and experience of growingsuccessful businesses within the technology sector will be invaluable to us aswe seek to establish iomart as a leading provider of complex hosting services.At the same time it is with a great deal of regret that we lose the experienceof Nick from the Board. After eight years of first class commitment and serviceI would like to thank Nick personally and on behalf of all stakeholders for allthat he has done to help iomart on its journey so far." For further information: iomart Group plc Tel: 0141 931 6400Angus MacSweenNick Kuenssberg KBC Peel Hunt Tel: 020 7418 8900Oliver ScottRichard Kauffer ICIS Limited Tel: 020 7651 8688Tom MoriartyBob Huxford Ian is currently a director of the following companies: • Computer Application Services Ltd; Caspian Learning Ltd; ConnectScotland; Coppertop Concepts Limited; Scapa Technologies Ltd; Dynamic EarthCharitable Trust; Interactive University; Pentech Advisory LP Limited; ComputerApplications Services Limited; Edinburgh International Film Festival Limited andEdinburgh International Science Festival Limited. Ian has held the following directorships in the past five years: • Voxar; VIS Entertainment plc; Active Navigation Ltd; Digital BridgesLtd; Sonaptic Ltd; Scottish Science Trust; F7 Technology Limited; EPIC Groupplc; Indigo Active Vision; The Mindwarp Pavilion Ltd; Scottish Institute forEnterprise Limited; Channel 4 Television Corporation and EPIC Group plc. • Ian was a director of VIS Interactive and VIS ITV Limited which weresold to BAM Entertainment Inc. The companies subsequently went into liquidation- VIS Interactive went into voluntary liquidation on 20 March 2007 and VIS ITVLimited was dissolved on 8th December 2004. • Ian was a director of Pentland Software Limited, a company set up tosell a payroll package for the BBC Micro. It ceased trading and was dissolved,leaving no shortfall to creditors. • Ian was a director of the Scottish Science Trust which was dissolvedon 2nd December 2005 leaving no shortfall to creditors. • Ian was a director of the Mindwarp Pavilion Limited which went intovoluntary liquidation and was dissolved on 28th November 2003. • Ian was a director of F7 Technology, which went into compulsoryliquidation and was dissolved on 3rd December 2007. The shortfall to creditorswas estimated to be £153,393. • Ian was a director of The Electronic Book Factory Limited which wentinto voluntary liquidation on 2 May 1995 and was dissolved on 1 June 1996. Thetotal shortfall to creditors was estimated to be £100,000. • Ian was a director of OWL International Limited which went intovoluntary liquidation on 20 August 1992 and was dissolved on 17 October 1997.The total shortfall to creditors was estimated to be £357,191. • Ian was a director of New Media Factory Limited on 3 December 1997, acompany which went into voluntary liquidation on 13 May 1998. The totalshortfall to creditors was estimated to be £257,800. There are no further disclosures to be made in accordance with Schedule 2(g) ofthe AIM Rules. This information is provided by RNS The company news service from the London Stock Exchange