September 29, 2011 – (HOSTSEARCH.COM) – UK cloud computing and managed hosting company
iomart Group plc (AIM:IOM), is delighted to announce that Crawford Beveridge C.B.E. will join the company as Non-Executive Director following the AGM taking place later today (29 September 2011).
Crawford Beveridge brings with him 40 years’ worth of experience in the technology industry, including 16 years at Sun Microsystems (“Sun”), where he was Executive Vice President and Chairman, EMEA, APAC and the Americas, until his retirement in January 2010.
Mr Beveridge was Chief Executive of Scottish Enterprise for nine years until 2000, having been invited by the Scottish Office to head up the newly created economic and business development agency.
He is currently chairman of the investment advisory board at Scottish Equity Partners. His other board roles include Non-Executive Director of Hitachi Global Storage Technologies, a subsidiary of Hitachi Ltd, and Non-Executive Chairman of NASDAQ listed Autodesk. He was born in Edinburgh and splits his time between California and Scotland.
Crawford Beveridge said: “I am delighted to be joining the board of one Scotland’s leading growth companies. I have watched with interest how iomart has positioned itself to deliver to the growing market for cloud services and I am looking forward to helping it achieve its aim of further expansion."
Angus MacSween, CEO of iomart Group plc, added: “We believe that Crawford's impressive track record in growing technology companies equips him with excellent experience to provide iomart with valuable advice and support as we expand our operations.”
Crawford Beveridge’s appointment was unveiled as iomart Group plc issued a pre-close trading update to the market ahead of the announcement of its half yearly results for the six months to 30 September 2011. iomart announced that it had performed strongly and is confident that the financial performance of the Group will be ahead of current market expectations.
Angus MacSween said: “There is strong momentum in the business and our pipeline of opportunities is growing. The Group’s business model continues to generate high levels of recurring revenues which provides excellent visibility of future earnings and we look forward with confidence to significant growth in the current financial year and beyond.”
iomart Group plc also announced that Fred Shedden will step down as Non-Executive Director after 11 years with the company, following today’s AGM.
Angus MacSween added: “I would also like to extend the Board's thanks to Fred for his considerable support over an important period of development and growth at iomart. We wish him well in the future.”
iomart Group plc is one of the UK’s leading providers of managed hosting and cloud computing services. It was named Scottish Digital IT Company of the Year 2011 and is ranked as one of the top 25 cloud services providers in the world by Talkin’ Cloud 50. The company is a shortlisted finalist for the National Business Awards 2011.
About iomart Group plc
iomart Group plc (AIM:IOM) is one of the UK’s leading providers of managed hosting and cloud computing services. From a single server through to private cloud networks, iomart specialises in the delivery and management of mission-critical hosting services, enabling customers to reduce the costs, complexity and risks associated with maintaining their own web and online applications.
By physically owning and managing its own global network infrastructure, iomart offers world-beating levels of service to its customers. The Group offers a unique 100% uptime guarantee with all hosting services being engineered to ensure no single point of failure.
iomart Group operates in its chosen markets through a number of subsidiaries: iomart Hosting, RapidSwitch, Titan Internet, Easyspace and Westcoastcloud. The group has been listed on the London Stock Exchange's Alternative Investment Market (AIM) since April 2000.
