June 01, 2012 02:00 ET

Board Reorganisation

                                                Ideagen PLC
                                       ("Ideagen" or the "Company")
                                           Board Reorganisation

Ideagen  (PLUS: IGNP), a leading supplier of On-Demand Information and Compliance software, is  pleased  to
announce  the  appointment of Alan Carroll, 60, to the board as an independent non-executive director  with
immediate  effect. In addition, Graham Harrop, an existing non-executive director, will become an executive
director  as  Chief Operating Officer, with global responsibility for sales and services.  Darren  Spillane
today  steps down from the board and remains a key member of the senior management team as Head  of  Sales.
The reorganisation of duties will allow Darren to concentrate on leading the Company's sales force.

David  Hornsby, Chief Executive, commented, "I am delighted with the appointment of Alan Carroll  who  will
add  strength and industry experience to the board as an independent non-executive. Graham Harrop's  desire
to  commit  further to the Company encourages me and I believe we now have a very strong team in  place  to
take  the  business forward. I would like to thank Darren for the time he has spent on the  board  and  his
continued commitment to our ongoing business."

Alan  Michael  Carroll  has  significant experience in the information systems  market  including  director
positions  within  Ultris  and Koios Group Limited and as a Partner Director of  Profund  Systems  Limited.
Within  the  last 5 years Alan has acted as a director of Koios Group Limited and continues  to  act  as  a
director of Ultris Limited, Ultris Software Limited, and Ultris Information Services Limited. Alan  founded
Ultris and co-founded Koios Group Limited, which was disposed of in May this year. Prior to this, Alan  was
Head of Sales for defence at Unisys where he was responsible for £55 million of new sales.

Alan  Carroll  has  not  held any other directorships within the past five years and  there  are  no  other
disclosures  required pursuant to paragraph 18 of Appendix 1 of the PLUS Rules for Issuers. Mr Carroll  has
an  interest in 169,000 ordinary shares in the Company, representing approximately 0.2% of the total voting
rights in the Company.

Ideagen plc                                 Tel: 01438 347110
David Hornsby, Chief Executive

finnCap Limited                         Tel: 020 7220 0500
Marc Young/Ben Thompson (corporate finance)
Stephen Norcross (corporate broking)

Walbrook                                   Tel: 020 7933 8780
Bob Huxford/Helen Westaway (media relations)

Contact Information

  • Ideagen