Appointment
e-district.net PLC
14 November 2001
E-DISTRICT.NET PLC
APPOINTMENT OF NEW DIRECTOR
E-district.net plc, a leading provider of global interactive entertainment
services and related applications, announces the appointment, on 12 November
2001, of Michael Sinclair as Executive Chairman and a member of the Board.
Frank Lewis, previously Executive Chairman, will take up the position of
Executive Deputy Chairman.
Commenting on his appointment, Michael Sinclair said: 'E-district has had a
troubled year, but it remains the leading UK provider of games, chat and other
community services for the interactive TV (iTV) market. iTV is a medium with
enormous potential, but like many new technologies it has been pregnant for a
long time. Only those providers in the sector with stamina will survive to
witness the ultimate birth and benefit from future growth. The e-district
Board, and, in particular, executive directors Frank Lewis and Eddie Abrams,
deserve great credit for sustaining the company and the business during the
recent difficulties. However, I believe that the firm is now ready for a new
start under a reorganised Board, and I look forward to working with the
company to achieve this.'
On behalf of the Board, Frank Lewis, said: 'We welcome this purchase by
Michael. His strong track record and enthusiasm for the interactive TV sector
will significantly strengthen the business. We look forward to working with
him as our major shareholder.'
Further information
Dr. Michael Jeffrey Sinclair, aged 58, is currently a director of Totally plc,
Sinclair Montrose Trust Limited and its subsidiaries, Citywood Limited,
Chesham Lyall Holdings plc, Eastkings Limited, Eqvimont Oy (Finland),
Gibbsfield Limited, Grovehill Limited, Healthcare Capital Resources Ltd.,
Holding Company Retail PLC, i-Desk plc, Independent Maternity Centres Limited,
Kenningdale Limited, Kesher Limited, London Jewish News Limited, Match
Healthcare Services Limited, Modular Medical Systems Limited, Montrose
Securities Limited, Montrose Ventures Limited, New Moon Publications Limited,
Notional Rent Limited, Princes Square Gardens Limited, Resource Medical
Services Limited (Dormant), Sinclair Medical Partners Limited, Sinclair
Montrose Holdings Limited, Sinclair Realty Limited (Dormant), Six-13 Limited,
Union Income Benefit Limited, Union Income Benefit Holdings plc, Jewish
Continuity (Registered Charity), Sinclair Charitable Trust (Trustee), Advica
Health Management Inc. incl. Subsidiaries and Associates, Atlantic Medical
Management LLC, Atlantic Medical Capital LP, Atlantic Medical Associates LP,
Atlantic Medical Partners LLC, Atlantic Medical Investors LLC, Healthcare
Capital Resources Inc., Nursefinders Inc., Tufts University - Medical School
Advisory Board (Trustee) and was a director in the last five years of the
following companies: Abingworth Atlantic Holdings Limited, Abingworth
Management Limited, Assessment Learning (London) Limited, Cleversource
Limited, Endotec Limited, HDC Limited, The Holding Company Limited, Infection
Management Limited, Kent House (Knightsbridge) Limited (Trustee), The
Liverpool Brewing Company Limited, London Locums Limited, Madison Atlantic
Partners Limited, Majorclass Limited, Medicentre (UK) Limited, Medisource
Limited, MPPS Limited, Nationwide Fundraisers (London) Limited, Nationwide
Locums Limited, Numis Corporation plc, Numis Securities Limited, Neurotech
Medical Systems Limited, Notional Rent Ltd., Shalom Publications Limited,
Sinclair Montrose Healthcare PLC, Zorn Nominees Limited.
Union Income Benefit Limited has made an arrangement with its creditors under
a Creditors Voluntary Arrangement which has been approved by the High Court.
Save for this, there is no information to be disclosed under paragraph (f) of
Schedule Two to the Aim Rules.
For further information, please contact:
Graham Prince, Director 020 7496 1469
Gavin Anderson & Company