12 Jun 2009 10:55
ViaLogy plc
("the Company")
Board change
The Company has been informed by Michael Kelly that he wishes to step down as non-executive director of ViaLogy with immediate effect in order to focus on his other business interests.
Terry Bond, Chairman, commented "for the last seven years ViaLogy has been privileged to have Michael as a board member. His efforts on behalf of the company have been exceptional over a period which has seen ViaLogy move from an investment business through to an operational company at the early stages of exploiting its unique technology. We wish Michael every success in the future."
For Further Information please contact:
| ViaLogy | | | | |
| Terry Bond | | Chairman - UK & Europe | | +44 (0) 1235 834734 |
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| Nominated Advisor (Seymour Pierce) | | | | |
| Mark Percy Catherine Leftley | | | | +44 (0) 207 107 8000 |
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About ViaLogy:
ViaLogy is a leading innovator of network-centric, real-time signal processing platforms for sensor applications. ViaLogy is currently deploying and designing computational systems, powered by its patented technologies, for applications in life sciences, public safety and security, surveillance, defense and geoseismology. ViaLogy focuses on market driven problems where automation, timeliness, quality and reliability of information processing are essential. ViaLogy's core competency incorporates rapidly and accurately detecting weak signals buried in high noise background and clutter. This technology can be employed to solve problems involving sensor integration and information overload challenges involving video, telephony and control sensors, as well as for enhancement of numerous signal processing applications. For more information, visit our website at www.ViaLogy.com.
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied.