6th Jun 2006 10:00
IDOX PLC06 June 2006 Immediate Release IDOX plc ("IDOX" or the "Company") Management and Board Changes IDOX plc announces that Andrew Fraser has decided to step down from the positionof Chief Executive Officer and Director with immediate effect. Martin Brooks,Chairman, assumes the additional role of Chief Executive Officer. Martin Brooks said: "The Board thanks Andrew Fraser for his leading contribution to the growth ofthe business over the last 7 years taking the business revenue from just over£400k to over £14m in 2005. He has always demonstrated energy and commitment inthis task. We wish him every success in his new ventures." The Board of IDOX is pleased to announce the appointment of Nigel Oxbrow to theBoard with immediate effect. Nigel Oxbrow is founder and Managing Director ofTFPL Ltd which was acquired by IDOX in May 2004. As previously announced, IDOX will be releasing its Interim Results for the sixmonths ended 30 April 2006, on Monday, 19 June 2006. For further information please contact: Martin Brooks, Chairman and CEO, IDOX plc Tel: 0870 333 7101 Richard Kellett-Clarke, Group FD, IDOX plc Tel: 0870 333 7101 Matthew Hall, Noble & Company Limited Tel: 020 7763 2200 Notes to editors Martin Brooks has spent over 25 years developing successful electronicinformation and publishing businesses serving professional customers. He workedat the Financial Times between 1977 and 1988. Following this, Martin Brooksbecame Managing Director of Extel Financial Ltd, the City Information company,when it was part of United Newspapers, now United Business Media plc, where heinternationalised the business. He returned to the FT in 1993 on the FT'sacquisition of Extel, when he became a member of the FT Group Management Boardand founding Chief Executive of FT Information Ltd., now FT Interactive andcontinued there until 1998. In this position Martin Brooks grew revenues from£60million to £130 million in 4 years and trebled trading margins. This periodincluded leading the highly successful acquisition of Interactive DataCorporation in the United States. FT Interactive remains the FT's worldwide andhighly profitable financial information majority held subsidiary. Martin Brooks has also been a Non-Executive Director of FTSE International andChairman of AFX News Ltd, the English language business wire service, now ownedby Agence France-Presse, the leading French news agency. More recently, he was appointed Chairman of IDOX in May 2005 and has held anumber of consultancy and interim assignments, as well as chairing thepublishing arm of the Institute of Chartered Accountants in England and Walesuntil 2002. Nigel Oxbrow is Managing Director of TFPL Ltd, the company he founded in 1987.TFPL specialises in the skills of knowledge, information and records management,in all sectors and provides consultancy, research, recruitment, executivesearch, conferences and training services. Nigel is a respected figure in theknowledge and information world and regularly advises clients on knowledgemanagement and management issues. He is currently involved in many knowledgemanagement forums, was a member of the British Standards Institution KnowledgeManagement Committee and is on the advisory committees of Leeds, Loughboroughand Long Island Universities. Previously he has been Chairman of EUSIDIC - theEuropean Association of Information Services; a member of the UK Governments -Library and Information Services Council; Vice-President of the Institute ofInformation Scientists; and Director of the Business & Finance Division of theSpecial Libraries Association. IDOX plc is a company specialising in software, solutions and recruitment forinformation management. IDOX Software is one of the leading players in the local government market formanaging paper and electronic records. IDOX Software has several modulesdesigned to capture, manage, store, preserve and, deliver information for usewithin an organisation and, for access externally by the public or otherpartners. The Group maintains a comprehensive database of bibliographic abstracts,supported by the largest collection of information in the UK, on all aspects ofbest practice and governance in the public sector. Expert informationprofessionals identify, summarise and manage a vast resource of information fromall sectors to save member organisations time and money. This outsourced libraryservice is available via annual subscription. The Group has a leading position in putting the Local Government Planningprocess online (its flagship Managed Services solution) and has developed thefirst true end-to-end e-Planning solution for Local Authorities and theircitizens - UK Planning. AIM Rules In accordance with Schedule 2(g) of the AIM Rules, the following information inrelation to the appointment of Nigel Oxbrow to the Board of IDOX is disclosed: TFPL Ltd TFPL Inc Jubilee Yard Management Ltd Save as set out above, there is no further information to be disclosed inrespect of Nigel Oxbrow under Schedule 2 (g) of the AIM Rules. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Idox Group