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25 Feb 2015 07:02
25 February 2015
Phorm Corporation Limited
("Phorm" or the "Company")
Board Changes
Phorm (AIM: PHRM), a leading internet personalisation technology company, announces that Mr Lex Fenwick is being appointed as a Non-Executive Director of the Company and that Lord Lamont has resigned.
Board Changes
Phorm is pleased to announce that Mr Lex Fenwick will be appointed as a Non-Executive Director of the Company on 1 March 2015. Mr Fenwick is former CEO of Dow Jones & Co. and former CEO of Bloomberg L.P. Mr Fenwick brings with him invaluable experience from international finance, data and media businesses. Phorm also announces that Lord Lamont has resigned from the Board with immediate effect.
Kent Ertugrul, Chairman and CEO of Phorm, commented:
"We are delighted to welcome Lex to the Phorm Board. As a world-class CEO his experience will be of huge value as the business moves into the next stage of its development, generating large scale commercial revenue in major markets. We would also like to take this opportunity to thank Lord Lamont for his advice and support over the last 6 years and wish him well for the future."
Lex Fenwick commented:
"I am extremely excited to be joining the board of Phorm at a pivotal stage in its development. I have been watching the business for a considerable period of time and I look forward to helping them scale and reach their commercial potential."
Additional information on Mr Lex Fenwick
The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:
Alexius ("Lex") John Benedict Fenwick (aged 55)
Current Directorships/Partnerships | Past Directorships/Partnerships (last 5 years) |
Selector Consultancy LLC | Dow Jones & Co. |
Bloomberg L.P. | |
Bloomberg Inc. | |
Bloomberg Communications Inc. | |
Bloomberg SP Inc. | |
Bloomberg (GP) Finance LLC | |
Skillman Business Park LLC | |
Bloomberg T-Book Inc. | |
731 Funding LLC | |
Bloomberg Korea LLC | |
Bloomberg Finance Germany LLC | |
Bloomberg Ventures LLC | |
BLP Consulting Services Ltd. | |
Bloomberg New Zealand | |
Bloomberg Korea Ltd. | |
Bloomberg Data Services (India) Private Limited | |
BFM Financial Research Ltd. | |
Bloomberg Venezuela SRL | |
Bloomberg Bermuda Limited | |
Bloomberg Telecommunications Pte Ltd. | |
Bloomberg U.K. Limited | |
Bloomberg Value-Added Network Services South Africa (Proprietary) Limited | |
Bloomberg Chile Limitada |
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.
-Ends-
For further information please contact: Phorm Corporation Limited
Andy Croxson (analysts and investors) +44 (0) 203 397 6001
UK Investors
Mirabaud Securities LLP (Broker) +44 (0) 207 321 2508
Jason Woollard Peter Krens
Strand Hanson Limited (Nominated Adviser) +44 (0) 207 409 3494
James Harris Matthew ChandlerJames Dance
US Investors
Lippert/Heilshorn and Associates (Investor Relations) +1 212 838 3777
John Heilshorn
About Phorm
Phorm is a global personalisation technology company that makes content and advertising more relevant tothe consumer. Phorm's innovative platform preserves user privacy and delivers a more interesting online experience.
Phorm's industry leading technology enables its Internet Service Provider ("ISP") partners to offer a new type of onlineadvertising platform and a free consumer internet content feature, ensuring more relevant advertisements and personalised content for opted-in users.
Phorm's advertising platform revolutionises current standards of online privacy, fully protecting the identity of consumers.Phorm's solution is completely opt-in. Only those users consenting to the service are profiled and only ever on an anonymous basis.
Phorm's partners include leading ISPs, Publishers, Advertising Networks and Advertisers.
Phorm, under a predecessor holding company, was admitted to the AIM market of the LondonStock Exchange in 2004.
For more information, please visit: www.phorm.com
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