Last checked at 8 Nov 2010 10:44
Restore Plc 8 November 2010
("Restore" or the "Company")
Board Appointment
Restore plc announces the appointment of Dr John Forrest CBE, FREng (67) as a non executive director of the company, with effect from today.
Dr Forrest has considerable public company Board experience and has held posts at Marconi Defence Systems and the Independent Broadcasting Authority. In 1990 he led the transformation of this organisation into the major broadcast and cable communications company, NTL, of which he was the founder Chief Executive. He was a Board member of 3i Group and has worked widely in the venture and development capital community in the UK, Continental Europe and the USA/Canada, having led IPOs and acquisitions in these countries. He has advised and led both UK government and EU Committees and now has a portfolio of activities, as Chairman of boards working on the Boards of high growth companies in the technology, healthcare, security and IT sectors. He is President of the Surrey 100, a business angel community, and Pro-Chancellor of the University of Surrey.
Commenting on the appointment, Sir William Wells, Chairman of Restore, said: "I am delighted that we have attracted someone of the calibre of Dr Forrest to our Board. The company is financially secure and well positioned to grow our data management and other activities both organically and by acquisition. Dr Forrest has tremendous experience and knowledge of the issues faced by high growth companies and I am sure this experience will be invaluable to us as we continue with the next phase of our growth plans."
Enquiries:
Mavinwood plc
Charles Skinner, Chief Executive 07966 234075
Cenkos
Nick Wells/Elizabeth Bowman 020 7397 8900
Threadneedle PR
John Coles 020 7653 9848
Additional disclosures
Dr John Forrest has, in the previous 5 years, held the following directorships:
Mentum SA (France)
Zinwave Ltd
SSTL
System C Healthcare
OmniGlobe Networks (Canada)
There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for Companies.