Intelligent Environments Group, (AIM: IEN), online software provider for retail financial services companies, is pleased to announce that, Michael Edward Wilson Jackson has been appointed to the Board as a Non-executive Director with effect from today.
Michael Jackson, aged 58, has specialised in raising finance and investing in the smaller companies sector for the past 20 years. He qualified as a Chartered Accountant with Coopers & Lybrand and spent 23 years as a director of Sage plc, the first 20 years as Chairman. During that time Sage's capitalisation rose from approximately £1 million to its current level of over £2 billion. Michael is founder and chairman of Elderstreet Investments Ltd, which is best known for its investment in young, ambitious technology businesses. Michael is a director and personal investor in many other quoted and unquoted companies, many of which have been involved in the technology sector.
Clive Richards, Chairman of Intelligent Environments commented: "We are delighted to welcome Michael to the Board. This appointment reflects the confidence that both the Board and Michael have in the future of the business and the tremendous opportunity that exists for a software company focused on an expanding global market. Such an established businessman, with a wealth of knowledge and experience in the sector will play a key role in ensuring the continued expansion of Intelligent Environments."
Michael Jackson, added: "I am very excited to be joining the Board of Intelligent Environments. Clive and the management team have built a very solid business and positioned it well to succeed through the current macro-economic environment. I look forward to working with them to ensure the continued success of the business."