26 Jun 2008 09:00
Immediate release 26 June 2008
PROACTIS Holdings PLC
Board Change
PROACTIS Holdings PLC ("PROACTIS" or "the Group") announces the resignation of Terry Wilcox, main board Director of PROACTIS, with immediate effect.
Following the establishing of the PROACTIS brand and the business in the US, Mr Wilcox has resigned to pursue his other business interests.
Rod Jones, Chief Executive Officer, commented:
"Over the past five years, PROACTIS' has built a great product, a loyal customer community and an enviable corporate reputation in the UK, and one that is gaining traction in the US. It has gained a momentum that its competitors find difficult to match and it has established itself as a premier solutions provider to global corporates. I would like to thank Terry for his contribution to this progress and I wish him well for the future."
Enquiries:
| PROACTIS Holdings PLC | Tel: 01937 545 070 |
| Rod Jones, Chief Executive Officer | |
| Weber Shandwick Square Mile | Tel: 020 7067 0700 |
| Nick Oborne / John Moriarty / James White | |
| Landsbanki Securities (UK) Limited (Nomad) | Tel: 020 7426 9000 |
| Gareth Price / Simon Brown |
Notes to editors:
PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is already used in over 250 organisations from the commercial, public and not-for-profit sectors.
PROACTIS is a high growth business head quartered in Wetherby, West Yorkshire. It develops its own software using an in-house team of developers and sells through both direct and indirect channels via a number of Accredited Channel Partners.
PROACTIS floated on the AIM market of the London Stock Exchange in June 2006.