Manx & Overseas PLC
11 July 2000
Netcentric Systems Plc (formerly Manx & Overseas PLC) announces changes to its
Board of Directors.
Netcentric Systems Plc (formerly Manx & Overseas PLC) ('the Company') today
announces changes to its Board of Directors following admission and
re-admission of its shares to trading on the Alternative Investment Market of
the London Stock Exchange ('AIM').
Following completion of the acquisition of Netcentric Systems Ltd, the
following directors have resigned:
Desmond Lawrence Bloom - Chairman and Managing Director
Sir Rhodes Boyson - Non Executive Director
The following individuals have been appointed to the Board of Directors with
effect from 11 July 2000:
Robert Charles Ewart Williams - Non Executive Chairman
Jane Garrett - Chief Executive Officer
Gerard Maurice Thompson - Chief Operating Officer
Keith Alexander Garrett - Chief Technology Officer
Christopher David Williams - Sales Director
Howard Freedman - will continue as Finance Director having
been appointed on 19 February 2000
Robert Williams (45), Non-Executive Chairman
Robert is British and currently lives in the USA. He divides his working time
between the US and UK, managing ventures, primarily IT oriented, on both sides
of the Atlantic. He is a well-seasoned managing director and Chief Executive
Officer ('CEO'), with experience in building sales and marketing operations as
well as taking companies public. Mr Williams was the co-founder of Unipalm,
which as CEO he took public in 1995, achieving a substantial increase in share
price over the next year. Unipalm was valued at £90 million at point of sale
to UUNet (now MCI Worldcom) in 1995. Before moving into the Computer and
Internet business he enjoyed a career as an accomplished electronics engineer.
Jane Garrett (44), Director and Chief Executive Officer
Jane co-founded Netcentric on 3 January 1997, and has led the company for over
three years building it from a two person pure Internet consultancy company to
a venture capital funded company focused on building products and providing
related consultancy. She has over 15 years experience in IT, the last 10
years of which were in business and company management, both as a director and
senior manager, primarily with Logica and later as a director of a Cambridge
based networking company, Shute Associates. Ms Garrett has a degree in
Physics from University of Wales and is currently a committee member of and
the former Chairman of the Sun User Forum.
Gerard Maurice Thompson (55), Director and Chief Operating Officer
Gerard became a director of Netcentric in May 1999 and was appointed Chief
Financial Officer on 1 September 1999, prior to which he acted as a
consultant. Mr Thomson's background has been in investment banking, primarily
with Merrill Lynch, Saloman Smith Barney and AIG. He later started his own
consultancy to advise companies on overseas financial and marketing problems
and became Chief Executive of a small public company in the USA that was
subsequently sold. He currently has one other non executive directorship.
Christopher David Williams (40), Sales Director
Christopher joined Netcentric on 1 July 1999 as a consultant and became a full
time manager and director on 1 September 1999. Formerly an international vice
president with the California based company Anacomp, Mr Williams is 40 years
old and has spent virtually all his career in IT Sales and Marketing. His
client list includes many FTSE 100 and Fortune 500 companies.
Keith Alexander Garrett (27), Director and Chief Technology Officer
Keith co-founded Netcentric with Jane Garrett. He has a degree in Computer
Science from Manchester University, where he also worked in a team developing
a database driven multi-user Internet system that is still in use today. Mr
Garrett is an expert in Internet technologies with extensive web and java
architecture experience.
The directorships held by each of the new Directors over the five years
preceding the date of this announcement other than in the Company are as
follows:-
DIRECTOR CURRENT PAST
Robert Williams Counterpoint Partners Limited Briggs Weber Securities Corp
Art & Java Corp Leaf Distribution Inc
Counterpoint Partners Limited Pipex Ltd
Maximo Marina Inc Unipalm plc
Maximo at Taylor Creek Inc Unipalm Ltd
Maximo Sales & Service Inc
Ewart Financial Holdings LLC
Ewart Holdings Inc
Inet Corp
Investin.com Corp
Merrick International Group Inc
Jane Garrett Netcentric Technology Limited Sun User Forum
Netcentric Solutions Limited Shute Associates Limited
Netcentric Systems Limited
Netcentric Systems Inc
Christopher Williams Cougar Connexions Limited
Netcentric Systems Limited
Keith Garrett Netcentric Limited
Netcentric Technology Limited
Gerard Thompson Harrell Hospitality Group Inc Seaton Group Inc
Netcentric Systems Limited
Bariston (USA) Inc
Netcentric Systems Inc
No Director has any unspent convictions relating to indictable offences, has
been bankrupt or has made or been the subject of any individual voluntary
arrangement.
Save as disclosed above, none of the Directors have been a director of any
company at the time of or within twelve months preceding the date of its
receivership, compulsory liquidation, creditors' voluntary liquidation,
administration, company voluntary arrangement or any composition or
arrangement with its creditors generally or any class of its creditors and
none with of the Directors or Proposed Directors has been a partner of any
partnership at the time of or within 12 months preceding the date of any
partnership voluntary arrangement or been a director or partner of a company
or partnership any of whose assets have been the subject of a receivership at
the time of or within twelve months following the cessation of such
directorship or partnership.
None of the Directors or Proposed Directors has been criticised by any
statutory or regulatory authority or been disqualified by a court from acting
as a director or a company or from acting in the management of the affairs of
the company.
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