Directorate Change
26 Februar 2003 - 9:00AM
UK Regulatory
RNS Number:9714H
Axiomlab PLC
26 February 2003
Strictly embargoed until 08.00: 26 February 2003
RESIGNATION OF NON-EXECUTIVE DIRECTORS
Axiomlab plc ("Axiomlab"), the AIM listed regional provider of capital and
business building expertise, announces that Senator George Mitchell and Margaret
Morrison have resigned as non-executive directors of the company. Senator
Mitchell will be continuing his relationship with Axiomlab as he has agreed to
become Honorary President of Techtran Group Limited, a wholly owned subsidiary
of Axiomlab engaged in the commercialisation of university intellectual
property, with its first engagement with the University of Leeds. Gordon
McKenzie, a current non-executive director of the company, will take over as
chairman of both the company's Remuneration Committee and the Audit Committee,
with immediate effect.
Fred Mendelsohn, Managing Director of Axiomlab commented: "I would like to
thank both Senator Mitchell and Margaret Morrison for all their support and
guidance. I am delighted Senator Mitchell has accepted the position of Honorary
President at Techtran and am sure he will prove to be a continued source of
valuable advice and support. On behalf of the Board, I would also like to take
the opportunity to wish Margaret all the best in her new role as Head of Cisco
in the Netherlands."
For further information please visit www.axiomlab.com, or contact:
Fred Mendelsohn, Managing Director John West, Director
Axiomlab plc Tavistock Communications
Tel: 0870 909 6333 Tel: 020 7600 2288
e-mail: fred@axiomlab.com e-mail: jwest@tavistock.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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