NASA.L Regulatory News (NASA)

6 Dec 2007 07:01

Nasstar PLC06 December 2007 6 December 2007 Nasstar plc Board changes Nasstar plc ("Nasstar" or "the Group") (AIM: NASA) which provides on-demandcomputing is pleased to announce the appointment of Maurice Anthony Eve FCA asFinance Director of the Group with immediate effect. Tony, aged 53, qualified as a chartered accountant in 1981. Tony established hisown practice in 1992 to provide business and taxation advice. In 1996 and aspart of his practice, Tony advised on the AIM flotation and joined the board ofHighams Systems Services Group plc, an IT contractor and recruitment agency.Tony subsequently sold the practice in 2003 although he remained on the board ofHighams Systems Services Group plc until May 2007. Tony's services are to be provided under a contract for services with FDSolutions. Under the terms of the contract the Group will pay for the servicesat an agreed daily rate. As a result the Group will contract for Tony to worksuch time as the Board consider necessary and appropriate in order that theduties as Finance Director of the Group are properly fulfilled. Current Directorships:Davanter LimitedOld Whitgifitian Trustees Limited Past directorships:Altonsonline LimitedAltons.IT LimitedAvondale Financial LimitedBalkan Holdings plcButler & Young Group LimitedHighams Systems Services Group plcShoulder To Cry On LimitedSpeed 9028 Limited and its subsidiaries: Bellbrook Garage (2000) Limited City Accident Repair Centre (2000) Limited Market Lane Garage (2000) Limited Palace Panels Limited Prestige Auto Repairs Limited Rowes (Chichester) Limited Woodford Auto Repairs LimitedThe Croydon Chamber of Commerce and Industry Tony was a director of Speed 9028 Limited ("Speed") and its subsidiaries, asdetailed above, from 23 January 2004 until he resigned on 20 March 2006following the sale of the company on 18 March 2006 to a third party. Speed wascompulsorily wound up on 5 February 2007. No further information falls to be disclosed under Schedule Two, paragraph (g)of the AIM Rules for Companies. Tony does not hold any interests in the OrdinaryShares of the Group. Richard Malkin is resigning as part-time Finance Director of the Group toconcentrate on his full time position as Finance Director of Hoodless Brennanplc. Charles Black, Chief Executive, commented: "We are delighted to welcome Tony to the Board. His commercial experience willbe valuable to the Group as we continue to achieve strong growth. The Boardwould like to thank Richard for his contribution over the last 2 years duringwhich time the Group was admitted to trading on AIM. The Board wish Richardcontinued success in his career." Further enquiries, please contact;Nasstar Plc 0870 240 1634Charles Black, Chief Executive W.H. Ireland Limited 0121 616 2101Tim Cofman-Nicoresti About Nasstar Nasstar was founded in 1998 by Charles Black with the vision of providingon-demand computing as an alternative to traditional on-premise computers andsoftware. Nasstar's on-demand computing service enables users to do all of theircomputing, including access to their files and applications, in the internetcloud rather than on a local computer. Hosted Desktop is Nasstar's core subscription package enabling subscribers toaccess their 'My Documents', company data and software applications includingMicrosoft Office, accounts and software remotely. Hosted Exchange is Nasstar'shosted email service which enables subscribers to access their email, calendarand contacts remotely, including using Windows, mobile phones or BlackBerry.Nasstar's services are provided as pay monthly subscription services. Nasstar plc was admitted to trading on the London Stock Exchange AlternativeInvestment Market in December 2005 For further information please visit www.nasstar.com This information is provided by RNS The company news service from the London Stock Exchange