Milamber Ventures Plc
LSE : MLVP

September 25, 2015 02:00 ET

Board Appointments

                                                                                          25 September 2015
                                                                                                           
                                           Milamber Ventures plc
                                       ("Milamber" or the "Company")
                                                     
                                            Board Appointments

The  Company  is  pleased  to  announce the appointment of Jason Velody and  Christian  William  Andrew  as
Executive Directors of the Company, with immediate effect.

Mr  Velody (age 53) has a broad experience in managing technology, business development and building cross-
functional  teams in diverse technology sectors. Mr Velody co-founded PacketExchange Limited  in  2002  and
served as its Chief Information Officer. From 2008 to 2009, he was Chief Operating Officer of ExpertMarkets
Inc  in the USA. As senior partner of an IT and telecoms consultancy for many years, Mr Velody has a wealth
of experience in both start up and operational businesses. Mr Velody is appointed as Operations Director of
Milamber.

Mr Andrew (age 39) read economics at York University before joining WPP plc as Business Development Manager
before  being  promoted  to  Head of Operations for WPP's Team Vodafone where he  directed  various  agency
resources to deliver integrated solutions. Since leaving WPP plc, Mr Andrew has had various roles  covering
business strategy and business innovation. His passion for finding innovative solutions to complex business
problems  added  to  his extensive marketing knowledge and expertise has since led  him  to  specialise  in
business  process and profitability improvement. Mr Andrew is appointed as Portfolio Director of  Milamber,
in charge of relationship management of Milamber's portfolio companies.


Andy  Hasoon,  Executive Chairman of Milamber, commented: "We welcome Jason and Christian to the  board  at
this  important  time in Milamber's growth. Both are highly experienced in understanding  complex  business
issues, especially for the smaller, innovative and fast growing businesses, within the Education, Media and
Technology sectors. Their complementary skills will bring a wealth of new knowledge and experience  to  our
expanding client base and product offering.

"Having  worked with both Jason and Christian in the past I know they will quickly form a strong bond  with
the current board which will benefit our customers and ultimately our shareholders."


The Directors of the Company accept responsibility for this announcement.

                                                  -ends-


Enquiries:

Milamber Ventures plc
Andy Hasoon
T: 07768 875 681
E: Andy.hasoon@milamberventures.com
www.MilamberVentures.com

Peterhouse Corporate Finance Limited (ISDX Corporate Adviser)
Mark Anwyl and Fungai Ndoro
T: 020 7469 0930

Cadogan Leander (Financial PR)
Christian Taylor-Wilkinson
T: 07795 168 157


In addition to his directorship of the Company, Christian Andrew holds the following current directorships:

Current Directorships

Armstrong-Mactavish Limited
Decibel Racing Limited
Decibel Industries Limited
Creative Endeavours Limited

Save  as  disclosed,  no additional information relating to Jason Velody or Christian Andrew  falls  to  be
disclosed pursuant to Rule 70 or paragraph 21 of Appendix 1 of the ISDX Growth Market - Rules for Issuers.

Contact Information

  • Milamber Ventures Plc