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Wednesday 29 July, 2009

Invu plc

Board Change

RNS Number : 5233W
Invu plc
29 July 2009
 




29 July 2009 


Invu Plc


Board Changes


The Board of Invu Plc ('Invu' or the 'Company') announces that Thomas Maxfield, a non-executive director of the Company, will resign as a director of the Company at the conclusion of the Company's forthcoming Annual General Meeting to be held at 10.00 a.m. on 26 August 2009 ('AGM')


The Board also announces that Mark Wells has agreed to join the Board as a non-executive director with effect from the conclusion of the AGM. Mark Benjamin Wells, aged 53, is a currently a non-executive director of Kofax Plc, non-executive Chairman of TruthTek Limited, Chairman of Cortexplus Limited and non-executive Deputy Chairman of Process Systems Enterprises Limited. He was most recently non-executive Deputy Chairman of Coda Plc until its sale in April 2008 to Unit 4 Agresso NV for £160 million, and a non-executive director of Coda's predecessor company, Codascisys plc, non-executive Chairman of Flexnlock Limited and previously Chairman and Chief Executive of Image Metrics Plc. There is no further information to be disclosed regarding Mark Wells pursuant to Rule 17 and schedule 2 paragraph (g) of the AIM Rules


In addition, the search for a replacement finance director is now at an advanced stage and the Company will update the market in due course. 


Commenting Daniel Goldman, Chairman of Invu, said;


'The Board would like to thank Tom for his support and advice over the past ten years and we wish him the very best in his future endeavours.


 'We are delighted to welcome Mark to Invu's Board. Mark brings with him a wealth of operational and board level experience and we are confident that he will bring the necessary qualities and advice to drive Invu forward through the next stage of its development.'


-Ends-

Enquiries: 


Invu plc  

01604 859893  

Daniel Goldman, Non Executive Chairman  


Colin Gallick, CEO  




Financial Dynamics  

020 7831 3113  

Juliet Clarke/Haya Chelhot/Emma Appleton   




Arbuthnot Securities  

020 7012 2000  

Tom Griffiths/Ben Wells  





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