Appointment of Non-Exec Direc
05 December 2000 - 6:01PM
UK Regulatory
RNS Number:2252V
InTechnology PLC
5 December 2000
INTECHNOLOGY PLC
JOE MCNALLY, CHAIRMAN OF COMPAQ COMPUTER LTD, UK AND
IRELAND, APPOINTED NON-EXECUTIVE DIRECTOR
InTechnology plc, ("InTechnology") the data technology
services company, announces the appointment of Joe
McNally, Chairman of Compaq Computer Ltd, UK and Ireland,
as a Non-Executive Director with immediate effect.
Joe McNally (aged 58) founded Compaq UK and Ireland in
1984 and as managing director, he successfully developed
the first Compaq subsidiary outside the US to generate #1
billion of sales. He was appointed Chairman of Compaq UK
and Ireland in July 2000.
Prior to founding Compaq UK and Ireland, Joe was Chief
Executive Designate of FMC Harris plc, from 1979 to 1983.
He is currently the non-Executive Chairman of Woodgrange
Technologies Limited, Dublin.
Lord Parkinson, Chairman, InTechnology plc, said:
"Joe McNally brings a wealth of knowledge to
InTechnology. His experience of managing fast growing
companies will be of great benefit to us. The extensive
contacts he has within the computer reseller channel will
help us to further cement our excellent relationships
with these organisations, putting our development plans
for Europe in a uniquely strong position."
For further information, please contact:
Mark Way
Bell Pottinger Financial
020 7353 9203
About InTechnology plc
* InTechnology was floated in March 2000 on the
Alternative Investment Market ("AIM") of the London Stock
Exchange
* On July 24, 2000, InTechnology acquired HOLF and Vdata,
the data technology services companies for #39m and #126m
respectively
* From July 24 until September 30 2000, InTechnolgy made
a pre-tax profit, before goodwill, of #1.5 million with
revenues of #29.9 million
* InTechnology, via SSS (formerly HOLF) has special
relationships with the world's leading manufacturers and
resellers of network solution products, known as "the
Channel".
* The relationships with the Channel partners provide
InTechnology with a unique opportunity to also sell its
data management services, VBAK and AIP
* VBAK, via its automated online data backup and restore
services for computer networks, is benefiting from the
significant growth in online utility computing.
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