Directorate Change
27 August 2009 - 1:10AM
UK Regulatory
TIDMFMJ
RNS Number : 0617Y
Formjet PLC
26 August 2009
Formjet plc
('Formjet' or 'the Company')
Directorate Change
The Board of Formjet, the AIM quoted alternative software vendor, today
announces the resignation of Frank Lewis, non-executive director, with immediate
effect.
Formjet Chairman, Lyndon Chapman, commented, "on behalf of the Board, I would
like to thank Mr Lewis for his contribution to the Company during the last two
and a half years and the Board wishes him well for the future." He added, "I
expect to announce additions to the Board once the new Chief Executive, Andrew
Monk, has taken up his duties on 1 September 2009."
Further information on the Company can be found on its website, at
www.formjetplc.com.
ENQUIRIES:
Formjet plc
Tel: 01293 848 860
Lyndon Chapman, Executive Chairman
www.formjetplc.com
Dowgate Capital Advisers Ltd Tel:
020 7492 4777
Liam Murray / Jo Turner
www.dowgatecapitaladvisers.co.uk
Dowgate Capital Stockbrokers Ltd Tel: 01293
517 744
Neil Badger, Broker
www.dowgatecapitalstockbrokers.co.uk
Notes to Editors:
Formjet plc
Formjet plc is a UK-based company with a highly distinctive business model. It
acquires territorial rights to 'alternative' software products, and markets,
sells, distributes and supports these products in place of the vendor in
worldwide markets. The strategy has at its heart the proposition that the
Company can acquire product lines in territories of at least one country without
the expense of either product development or the creation of IPR.
Alternative Products
* Ability Software International (ASI) distributes a powerful suite of office
products which, as well as being sold under their own branding, form an integral
part of the white label opportunities that Formjet is creating. Ability Software
International has also developed the ASI Business Software range. This comprises
nine titles, which include fully comprehensive office and graphics suites, a
business plan development application, small business accounting, staff records
management and a remote access tool called BeAnywhere.
* EdAlive edutainment software has opened up a new and growing market for Formjet
and now covers a wide range of core subjects including maths, word skills and
spelling.
* Formjet Innovations operates a distribution agreement for the sale of Panda
Security consumer products in the UK.
Alternative Routes to Market
* Formjet Innovations is the specialist distribution arm of the Formjet Group
focusing on its alternative product range and associated alternative routes to
market. The focus here is on creating "white label" software, targeting retail
and brand leaders
This information is provided by RNS
The company news service from the London Stock Exchange
END
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