Directorate Change

1 Oct 2007 07:02

Phorm Inc01 October 2007 Phorm Inc ("Phorm" or the "Company") Director and Management Appointments Phorm (AIM: PHRM and PHRX), an innovative technology company specialising inbehavioural and contextual online advertising, today announces the appointmentof Steven J Heyer as a non-executive to its Board of Directors and StratisScleparis as Group Chief Technology officer (CTO). Mr. Heyer is former Chief Executive Officer of Starwood Hotels and ResortsWorldwide, Inc.("Starwood"). A seasoned and innovative leader, operator,marketer/brand builder and strategist, he joined Starwood from The Coca-ColaCompany, where he served as President and Chief Operating Officer. Prior tojoining Coca-Cola, Mr. Heyer was President and Chief Operating Officer of TurnerBroadcasting System, Inc., and a member of AOL Time Warner Inc.'s OperatingCommittee. Previously, Mr. Heyer was President and Chief Operating Officer ofYoung and Rubicam, Inc. Mr. Heyer is currently on the Board of Directors of Lazard LCC, The NationalCollegiate Athletic Association, The Special Olympics, and Piedmont Hospital andPace Academy in Atlanta. Stratis Scleparis joins Phorm as its CTO from his position as CTO of BT Retail,part of BT Group plc. Mr Scleparis has over 20 years' experience incommunications, IT and emerging technology. In his most recent role, Mr.Scleparis was in charge of technology for BT Retail's divisional operationserving consumer and smaller business customers across the group's range oftelephony, data and entertainment services, including VOIP, broadband, IPTV,wireless solutions and hosted / managed services. An experienced professional,Mr Scleparis held senior technology roles with leading firms Orange UK plc(formerly Freeserve / Wanadoo UK), AOL Europe and the BBC. Commenting on the appointments, Kent Ertugrul, Phorm's Chairman and ChiefExecutive, said, "I am delighted to welcome Steve and Stratis to the Company.Both are dynamic, industry leading executives with proven track records in theirfields. The expertise, vision and ability to execute they bring to Phorm willcomplement and enhance our existing team. My colleagues and I look forward toworking with them as we continue to diligently roll out our global strategy." Appendix Information provided in accordance with paragraph g of Schedule 2 to the AIMrules: (i) the director's full name and age together with any previous names; Steven J Heyer, Age 55, None (ii) the names of all companies and partnerships of which the director has beena director or partner at any time in the previous five years, indicating whetheror not the director is still a director or partner; Name of Company Period of Directorship Lazard LLC 2005-PresentStarwood Hotels and Resorts Worldwide, Inc. 2005-2007Internet Security Systems Inc. 2004-2006 -- For Enquiries Phorm, Inc. +44 870 405 7722Kent Ertugrul (Chairman & Chief Executive) Edelman Financial PR +44 20 7344 1325Paul Lockstone +44 7876 685200Sorrel Beynon +44 7980 687255 Canaccord Adams Limited +44 20 7050 6500Nominated AdviserMark WilliamsAndrew Chubb This information is provided by RNS The company news service from the London Stock Exchange