Board Appointment

RNS Number : 7795V

Restore PLC

08 November 2010

 

 

Restore Plc                                                                                                           8 November 2010

("Restore" or the "Company")

Board Appointment

Restore plc announces the appointment of Dr John Forrest CBE, FREng (67) as a non executive director of the company, with effect from today.

Dr Forrest has considerable public company Board experience and has held posts at Marconi Defence Systems and the Independent Broadcasting Authority. In 1990 he led the transformation of this organisation into the major broadcast and cable communications company, NTL, of which he was the founder Chief Executive. He was a Board member of 3i Group and has worked widely in the venture and development capital community in the UK, Continental Europe and the USA/Canada, having led IPOs and acquisitions in these countries. He has advised and led both UK government and EU Committees and now has a portfolio of activities, as Chairman of boards working on the Boards of high growth companies in the technology, healthcare, security and IT sectors. He is President of the Surrey 100, a business angel community, and Pro-Chancellor of the University of Surrey.

Commenting on the appointment, Sir William Wells, Chairman of Restore, said: "I am delighted that we have attracted someone of the calibre of Dr Forrest to our Board. The company is financially secure and well positioned to grow our data management and other activities both organically and by acquisition. Dr Forrest has tremendous experience and knowledge of the issues faced by high growth companies and I am sure this experience will be invaluable to us as we continue with the next phase of our growth plans."

Enquiries:

Mavinwood plc

Charles Skinner, Chief Executive                                                                                       07966 234075

Cenkos

Nick Wells/Elizabeth Bowman                                                                                           020 7397 8900

Threadneedle PR

John Coles                                                                                                                            020 7653 9848     

Additional disclosures

Dr John Forrest has, in the previous 5 years, held the following directorships:

Mentum SA (France)

Zinwave Ltd

SSTL

System C Healthcare

OmniGlobe Networks (Canada)

There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for Companies.

 

END

 

 

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