Directorate Change
February 21 2005 - 1:00AM
UK Regulatory
RNS Number:8016I
Atlantic Global PLC
21 February 2005
21 February 2005
Atlantic Global Plc
Appointment of Non-Executive Director
Atlantic Global Plc ("Atlantic Global" or "the Company") the AIM-listed
specialist developer of business and resource management software applications,
is pleased to announce the appointment of Stephen Allen as a Non-Executive
Director, with immediate effect. Steve brings with him more than 28 years'
experience in computer networks, systems integration and performance
optimisation software, in both the public and private sectors.
Steve is currently employed by Atlanta-based Witness Systems Inc where, since
2003, he has been Senior Vice President, International Operations, successfully
re-structuring that company's Asia-Pacific operations with the Europe, Middle
East and Africa regions (EMEA) to create a single international territory, while
maintaining revenues and contributing to a steady increase in market
capitalisation, currently which is $460m on the Nasdaq stock market.
Previously, Steve spent eight years with BEA Systems Inc, a world leader in
enterprise infrastructure software and headquartered in San Jose, California,
which he joined as the first sales employee in Europe. He subsequently advanced
to the role of Senior Vice President, EMEA, responsible for an e-commerce
infrastructure business that he helped grow to $300m of revenues in Europe, and
over $1bn turnover globally with a current Nasdaq market capitalisation of
$3.4bn. He performed a variety of roles whilst at BEA as it grew, including
overseeing the acquisition of Weblogic and its integration into the business,
developing a telecommunications vertical market sales and services strategy and
implementing a global channel software strategy with partners such as
Peoplesoft, SAP, Baan and large international management consultancies.
Before joining BEA in 1996, Steve held various software and applications
positions, including CEO of Walker Interactive Systems International, Sales
Manager for McCormack and Dodge and technical roles with ICL Dataskil, the
European Space Agency, the Ministry of Defence and Eagle Star.
In his new role at Atlantic Global, Steve will be advising on Group strategy
with particular relevance to the product and organisational progress, in
addition to the development of the sales channels and partnerships.
He will become a member of the Audit and Remuneration Committees.
Commenting on the appointment, Eugene Blaine, Managing Director, said: "We are
delighted to have attracted a new Director with such excellent and relevant
experience. Steve is joining Atlantic Global at an exciting time and I have no
doubt that his dynamic outlook and knowledge will combine greatly with the
strengths of our management team."
Steve Allen commented: "I am extremely pleased to be joining Atlantic Global. I
believe Atlantic Global has an excellent and exciting range of products that can
make a significant contribution in the operation of any business and I am
greatly looking forward to making a valuable input to the further progress of
the Company."
AIM Disclosure
Matters for disclosure under paragraph (f) of Schedule 2 of the AIM Rules with
respect to the appointment of Stephen Allen as a Non-Executive Director of
Atlantic Global Plc:
Full name - Stephen John Allen
Age - 48 years
Steve is married with three children
Current Directorships -
Charterist Investments Ltd
S J Allen Racing Ltd
Directorships held within the last 5 years -
Charterist Investments Ltd
BEA Systems Ltd
Walker International Ltd
S J Allen Racing Ltd approx 2000 to date
end
For further information please contact:
Atlantic Global Plc Tel: +44 (0) 1274 863 300
Eugene Blaine, Managing Director
Rupert Hutton, Finance Director www.atlantic-global.co.uk
rupert.hutton@atlantic-global.co.uk
Abchurch
Peter Curtain Tel: +44 (0) 20 7398 7700
Margaret Strinati Tel: +44 (0) 113 390 6339
margaret.strinati@abchurch-group.com
Notes to editors
Atlantic Global develops innovative software applications that enable
organisations to monitor, manage and model the fundamental pillars of their
business - resources, skills and costs.
In addition to its flagship Corporate VisionTM solution, which offers a
real-time, role-based view (rba) of business operations, Atlantic Global
Business SolutionsTM also offers a series of business management-focused
applications including planning and resource management, timesheet and expense
tracking, business information tracking, risk management and contractor
management. Atlantic Global's customer base ranges from SMEs to Global 1,000
organisations and includes Barclays, Colt Telecommunications, GlaxoSmithKline,
NEC, Norwich Union, Pfizer, The Metropolitan Police and Virgin Mobile.
Founded in 1993, Atlantic Global is headquartered in West Yorkshire, England,
and has offices London and New York. It listed on the Alternative Investment
Market of The London Stock Exchange (AIM) in June 2001. For more information
please visit www.atlantic-global.net.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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