18th Nov 2010 15:51
Motive Television PLC
("Motive Television" or "the Company")
Motive Television strengthens Board
Motive Television PLC (AIM: MTV), the digital television technology, software and services provider, has appointed to the Board Professor Bryan Foss as a Non-Executive Director with immediate effect.
Bryan Foss has extensive experience of international technology marketing gained from a long term career and previous industry board role with IBM Corporation and is currently visiting professor of B2B marketing with Bristol Business School. He is also a board non-executive and audit and risk chair within the UK public sector (Government Office South East), and acted previously as a non-executive and audit committee member with the Department for Work & Pensions. Bryan is an active Fellow of the Institute of Directors, holds an executive MBA from City University Business School and is qualified as a Chartered Engineer through the British Computer Society.
Commenting on the appointment, Mr. Michael Pilsworth, Executive Chairman of Motive Television plc, said: "I am delighted that Bryan has agreed to be part of the Motive Television board. His international business and consumer distribution experience, diverse network and extensive board governance skills will make a significant contribution to the future direction of the company. Attracting someone of the calibre of Bryan is a coup for Motive Television and is a further testament to the tremendous progress the company is making."
Professor Bryan Foss, added: "I am excited to be joining Motive Television at such an important time in its development. The global market for digital terrestrial television technology is growing strongly and Motive Television', with its innovative products and services, is well positioned to take advantage of this opportunity."
Contact:
Motive Television plc Mick Pilsworth
| T: 020 3080 9430 |
Merchant Securities Limited (Nominated Adviser) Simon Clements / Virginia Bull
| T: 020 7628 2200 |
Hybridan LLP (Joint Broker) Claire Noyce
| T: 020 7947 4350 |
Jendens Securities Limited (Joint Broker) Jeremy Read / Justine Waldisberg
| T: 0203 372 2586 |
Cubitt Consulting Chris Lane / Samantha Boston
| T: 020 7367 5100 |
Under Schedule 2, paragraph (g) of the AIM Rules, the following additional information is disclosed:
Professor Bryan David Foss, aged 56, is currently a director of Foss Initiatives Limited.
Professor Foss currently holds 374,142 Ordinary Shares in the Company, equivalent to 0.05 per cent of its issued share capital.
Professor Foss has confirmed that there is no additional information under Schedule 2, paragraph (g) of the AIM rules which needs to be disclosed.
Notes to Editors
Motive Television provides digital television technology and services globally. The market is driven by the mandatory switchover from analogue to digital broadcasting which, as mandated by the International Telecommunication Union, will come into full effect by 2015.
Motive Television provides broadcasters with new sources of income and business models and currently operates via three subsidiaries:
·; Adecq Digital S.L. is the creator of Bestv®, a technology that permits and enables digital terrestrial broadcasters to offer enhanced broadcasting services without the need for the Internet. Broadcasters can earn additional income through these services, including Catch-Up TV, Virtual Channels, Video-on-Demand and Targeted Advertising. Bestv® is currently in commercial operation by digital broadcasters in Italy and Spain and is being tested in the Czech Republic and Hungary.
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·; NXV Limited owns NX Vision, an advanced place-changing television technology that allows a viewer to interact, control and watch their Internet-connected home television from a computer, mobile phone, iPad or any other Internet connected device. NX Vision is software orientated, doesn't require an additional box, and can be updated via software upgrades.
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·; Motive Television Limited, a Dublin-based award-winning independent production company that produces factual programmes for Irish broadcasters. It specializes in live sports production and sports documentaries and also produces factual and entertainment series.
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The Group has 27 employees and operates across Western Europe, Turkey and Central & Eastern Europe. Motive Television was founded in London in 2005 and its shares are quoted on the London Stock Exchange (AIM).
http://www.motivetelevision.co.uk/ir/mtv/ir.jsp?page=home
Related Shares:
Motive Television Plc