Innovative Software Direct plc

August 03, 2009 11:57 ET

Statement re Resignation and Appointment of Directors

3 August 2009

                                  INNOVATIVE SOFTWARE DIRECT PLC
                                     ("ISD" or "the Company")
                             Appointment and resignation of Directors

The Board of the Company announces the resignations of Simon Hersh and Ian Byron as of this date.

Simon Hersh served as Finance Director of the Company and his resignation follows his decision  to
pursue  his  own  business  interests. Ian Byron served as Sales  Director  and  has  taken  early
retirement.  The  Board  wishes to thank Simon and Ian for their service  and  commitment  to  the

The Board is also pleased to announce the following appointments with immediate effect:

    Philip  Evans  BSc  (Econ),  FCA (Group Finance Director) -  now  working  with  Private
    Clients,  he was formerly a partner in the accounting firm Jennings Johnson through  its
    acquisition  by  Tenon, and was latterly Tenon's NE Director of Corporate  Finance.   He
    acted for Powerdial previously and has an intimate knowledge of the business.
    Current Directorships                          Previous Directorships
                                                   (in the past 5 years)
    Hilcom Limited                                 -

    Tony  Drury  FCIB, MSI (Non-Executive Director) - is a present and past  director  of  a
    number of PLUS Markets and AIM-listed companies.  He was the founder and former chairman
    of St Helen's Capital.
    Current Directorships                          Previous Directorships
                                                   (in the past 5 years)
    SDF Productions Limited                        DTT PLC *
    Sunrise Biotech Holdings Plc                   Clean Technology Ltd
    The Plus Fund Plc                              Enterprise Britain Ltd
                                                   London Asia Investments Limited
                                                   London Asia Capital Plc
                                                   London  Asia  Investments  Limited  (Hong
                                                   St Helen's Capital
                                                   St Helen's Finance Plc
    *DTT PLC was put into creditors voluntary liquidation in December 2008.
    Clive  Sawkins  (Senior  Non-executive Director)  -  currently  CEO  of  BSC  Global  (a
    telecommunications  company with a turnover of £80m), formerly Vice President  at  Cisco
    for  Emerging  Markets  in  Europe  Middle East and  Africa,  Vice  President  at  Avaya
    Communications Europe, Middle East and Africa, and before that with Unisys and Nortel.

    Current Directorships                         Previous Directorships
                                                  (in the past 5 years)
    BCS Global Networks Limited                   Avaya Limited
    Communications    Solutions     (Hampshire)   Avaya UK
    Electronic Audio Systems Limited              Avaya UK Holdings Limited
    Mirage Technology Holdings Limited            Avaya ECS Limited
    Soundcom Distribution Limited                 Innovative Software Direct Plc
                                                  Rhetorex Europe Limited
                                                  VPNET Technologies UK Limited

The following shares are held by Directors:

                                                  No. of Ordinary    % of Total
                                                           Shares      Ordinary
    Barry Hersh                                         1,160,000          7.66
    Douglas Johnson-Poensgen                               20,000          0.13
    Paul Farn                                               5,000          0.03
    Total                                               1,185,000          7.82

Barry  Hersh  beneficially  and legally owns 110,000 Ordinary shares  and  beneficially  owns  the
balance of 1,050,000.

The directors of the Company accept responsibility for this announcement.

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