AIM: NXS 3 July 2012
Nexus Management Plc
("Nexus" or "the Group" or "the Company")
Appointment of Executive Director
The Company is pleased to announce the appointment of Michael (Mike) Walliss as Executive Director with immediate effect. Mike currently holds the position of Managing Director and is a majority shareholder of Enables IT, an IT company incorporated in 1991 that has established itself as a leading technology solutions specialist in the UK.
Commenting on the appointment of Mike Walliss as Executive Director, Nexus Executive Chairman M Barney Battles said:
"Mike Walliss offers the Nexus board over 30 years' experience in the managed IT services sector, operating at a global level throughout. His input and guidance will prove invaluable to Nexus in rebuilding shareholder value".
FURTHER ENQUIRIES
Nexus Management plc
M Barney Battles Tel: 0778 976 6242Merchant SecuritiesLimited (Nominated Adviser)
Simon Clements / David Worlidge Tel: 020 7628 2200
Rivington Street (Broker)
Jon Levinson Tel: 020 7562 3351Bishopsgate Communications Ltd
Nick Rome / Sam Allen Tel: 020 7562 3350 Regulatory Information
Under Schedule 2, paragraph (g) of the AIM Rules, the following information is disclosed:
Mr Michael Dean Walliss, aged 48, holds or has held in the last five years the following directorships:
Current Directorships Past Directorships
Enables IT Limited (formerly NCI (UK) Back Garden Farm Limited
Ltd.)
Champall Consultancy Limited
Champall Property Management LimitedMr Walliss has confirmed there is no additional information under Schedule 2, paragraph (g) of the AIM rules which needs to be disclosed.
Notes to Editors
Nexus Management is an IT Managed Services Provider specializing in reducing the cost and complexity of IT for companies. Nexus has been a pioneer in cloud computing and virtualization with many customers benefiting from these modern disciplines. Nexus operates in two key markets: Europe and the US, where it can offer customers 24 hour help desk support, Remote Server Management, Wide Area Network Management, equipment monitoring, Disaster Recovery, Data Storage and Desktop Support, and through its Resilience Technology Corporation subsidiary (www.resilience.com), bullet-proof network security.
Resilience has since 1985 delivered network security appliances with the most advanced operating system. RES/OS boasts such features as open systems flexibility and life cycle management innovations for mission-critical applications. Resilience's high performance solutions are designed for network environments where availability is essential and security must not be compromised.
Nexus Management is incorporated in the United Kingdom and its shares are quoted on the London Stock Exchange (AIM).
http://www.nexusmanagementplc.com/
