Innovative Software Direct plc
LSE : ISDP

September 16, 2011 09:51 ET

Appointment of Administrator of Powerdial Systems Limited

15 September 2011
                                                 
                                                 
                                  INNOVATIVE SOFTWARE DIRECT PLC
                                                 
                                     (the "Company" or "ISD")
                                                 
                                                 
                       Appointment of Administrator of Powerdial Systems Ltd
                                                 
                                                 
Further  to  the  announcement  dated 25 August 2011, the Board regretfully  announce  that  on  8
September  2011, Mr Gerald Krasner and Mr Andrew Haslam of Begbies-Traynor were duly appointed  as
Administrators of Powerdial Systems Ltd. This company continues to trade.

As announced on 25 August 2011, the Administrators are urgently seeking to sell this company.

The Directors of the Company accept responsibility for this announcement.



                                            ---ENDS---

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