01.05.2007 - Paul Frew appointed independent non-exec director
01/05/2007
InterQuest Group plc, the specialist IT recruitment Group, appoints Paul Frew, 46, as an independent non-executive director with immediate effect.
Paul has a wide range of experience and contacts in the IT sector and considerable experience as a non-executive director of fast growing technology based businesses.
Paul is the Managing Director of Elderstreet Investment Limited, a venture capital company that is a specialist investor in the software and computer services market. Paul joined Elderstreet in 1996 to establish their technology practice and in 1999 Elderstreet raised a £57 million institutional fund, Elderstreet Capital Partners, to invest in the UK software, computer services and internet market. Prior to joining Elderstreet, Paul was Managing Director of Softwright Systems Limited.
Paul sits on the boards of Caplin Systems, weComm Limited, Vordel Limited and AngloINFO Limited and is also responsible for Elderstreet’s institutional investor relations.
Gary Ashworth, Chairman commented: 'Paul is an experienced non-executive director with invaluable knowledge of the latest developments in the fast changing world of new technology. We are delighted to welcome him to the Group Board and believe that his independence, experience and insight into the technology sector will be of great benefit as we continue to build the Group as a leading specialist IT recruitment business.'
There are no additional details relating to Paul Frew's appointment that are required to be disclosed pursuant to AIM Rule 17.
For further information please contact:
Michael Joyce, Finance Director
Gary Ashworth, Executive Chairman
020 7025 0100
Nicholas Wells, Cenkos Securities plc
020 7397 8900
Tom Blackstone, Britton Financial PR
020 7251 2544